Singapore legislation
Regulation 50
Regulation 50
Preserved benefits for former military expert on contract service
Amended byS 738/2020 wef 01/09/2020
Subregulation 1
This regulation applies to a serviceman who —
(a)
is a military expert serving under a contract; and
(b)
subsequently opts to convert to the SAVER Plan under regulation 49.
Subregulation 2
Amended byS 738/2020 wef 01/09/2020
The serviceman continues to be eligible for a gratuity in accordance with his contract and Chapter 3 of Part III of the Singapore Armed Forces (Pensions) Regulations (Rg 9), on and after the date of the serviceman’s conversion to the SAVER Plan.