49. Option for military expert to convert to SAVER Plan, etc.
Feedback & supportLast amended by an amending law of 2020.
This regulation applies in relation to a serviceman whom the proper authority considers eligible to be transferred from the military domain experts service to regular service as an officer.
The serviceman must be given an option to convert to the SAVER Plan or to remain in the military domain experts service.
Where the serviceman exercises an option to convert to the SAVER Plan, that option is irrevocable, but nothing in this regulation prohibits or prevents the proper authority from subsequently transferring the serviceman to any other uniformed service.
Subregulation 1
This regulation applies in relation to a serviceman whom the proper authority considers eligible to be transferred from the military domain experts service to regular service as an officer.
Subregulation 2
The serviceman must be given an option to convert to the SAVER Plan or to remain in the military domain experts service.
Subregulation 3
Where the serviceman exercises an option to convert to the SAVER Plan, that option is irrevocable, but nothing in this regulation prohibits or prevents the proper authority from subsequently transferring the serviceman to any other uniformed service.