Singapore legislation
Regulation 17AB
Regulation 17AB
Eligibility for withdrawals
Amended byS 438/2025 wef 01/07/2025
Subregulation 1
Subject to these Regulations, no sum of money standing to the credit of a Category B member may be withdrawn from the SAVER-Premium Fund unless the Category B member —
(a)
retires or is required to retire from the Singapore Armed Forces on any of the grounds specified in regulation 12;
(b)
resigns from the Singapore Armed Forces; or
(c)
dies in regular service.
Subregulation 2
Amended byS 438/2025 wef 01/07/2025
Regulation 17AG applies to the payment of such withdrawals.