Singapore legislation

Schedule 3

of Singapore Armed Forces (SAVER Plan) Regulations

Schedule 3

Vesting for SAVER Account and Savings Account — Category B members

THIRD SCHEDULERegulation 17AG(1), (11) and (12)Vesting for SAVER Account and Savings Account — Category B membersPart 1VESTING FOR SAVER ACCOUNT — CATEGORY B MEMBERSFirst columnSecond columnAge at date of retirement or resignationVesting for Category B member315%325%335%345%3510%3620%3735%3850%3965%4080%4190%42 90%4390%44100%Part 2VESTING FOR SAVINGS ACCOUNT — CATEGORY B MEMBERSFirst columnLength of reckonable service in years or part of a yearSecond columnSavings Account VestingNot more than 6 yearsNilMore than 6 years but not more than 7 years20%More than 7 years but not more than 8 years40%More than 8 years but not more than 9 years60%More than 9 years but not more than 10 years80%More than 10 years100%[S 438/2025 wef 01/07/2025][S 848/2025 wef 01/01/2026]