Singapore legislation

Regulation 12

of Singapore Armed Forces (Premium Plan) Regulations

Regulation 12

Contributions

Amended byS 847/2025 wef 31/12/2021S 847/2025 wef 31/12/2021S 739/2020 wef 01/09/2020S 739/2020 wef 01/09/2020S 739/2020 wef 01/09/2020S 739/2020 wef 01/09/2020S 189/2010 wef 01/04/2010S 739/2020 wef 01/09/2020S 739/2020 wef 01/09/2020S 847/2025 wef 01/01/2026S 739/2020 wef 01/09/2020S 847/2025 wef 01/01/2026S 189/2010 wef 01/04/2010S 847/2025 wef 01/01/2026S 439/2025 wef 01/07/2025S 439/2025 wef 01/07/2025S 837/2019 wef 01/01/2020S 739/2020 wef 01/09/2020

Subregulation 1

Amended byS 847/2025 wef 31/12/2021S 847/2025 wef 31/12/2021S 739/2020 wef 01/09/2020S 739/2020 wef 01/09/2020S 739/2020 wef 01/09/2020S 739/2020 wef 01/09/2020S 189/2010 wef 01/04/2010S 739/2020 wef 01/09/2020S 739/2020 wef 01/09/2020S 847/2025 wef 01/01/2026S 739/2020 wef 01/09/2020S 847/2025 wef 01/01/2026S 189/2010 wef 01/04/2010S 847/2025 wef 01/01/2026

Subject to these Regulations, the Board shall cause to be credited to the accounts of each Category A member in the SAVER-Premium Plan Fund as follows:

(a)

in the case of the CPF Top-Up Account, a monthly sum equal to the difference between —

(i)

the amount of contributions paid by the Government under the Central Provident Fund Act 1953 in respect of the member on his gross salary; and

(ii)

the amount of contributions payable by an employer other than the Government under the Central Provident Fund Act 1953 on ordinary wages equal to that gross salary,subject to the maximum amount of contributions permissible under that Act;

(b)

in the case of the CARE Account of a member enlisted for regular service before 1st April 2010 who completed not less than 10 years of reckonable service as at that date, upon that member having completed not less than 10 years of reckonable service —

(i)

a CARE Initial Quantum at such rate as the Armed Forces Council may, by General Order, determine; (ii)a monthly contribution at the prescribed rate of the member’s Premium salary; and

(iii)

if the member is a naval diver who receives the first contribution to his CARE Account on or after 1 January 2007, or opts on or after 1 January 2007 to have his CARE Account vest according to the vesting scale in paragraph 3 of the First Schedule, an ND-CARE benefit up to the age of 45 years at such rate and under such conditions as the Armed Forces Council may, by General Order, determine;

(ba)in the case of the CARE Account of a member enlisted for regular service before 1 April 2010 who completed less than 10 years of reckonable service as at that date, upon that member attaining the rank of Warrant Officer —

(i)

a CARE Initial Quantum at such rate and under such conditions as the Armed Forces Council may, by General Order, determine;

(ii)

a monthly contribution at the prescribed rate of the member’s Premium salary;

(iii)

if the member is a naval diver who receives the first contribution to his CARE Account on or after 1 January 2007, or opts on or after 1 January 2007 to have his CARE Account vest according to the vesting scale in paragraph 3 of the First Schedule, an ND-CARE benefit up to the age of 45 years at such rate and under such conditions as the Armed Forces Council may, by General Order, determine; and

(iv)

if the member is a soldier in a combat vocation, a sum equivalent to 2 months of his gross salary upon that member having completed not less than 12 years of reckonable service;

(c)

in the case of the CARE Account of a member enlisted for regular service between 1 April 2010 and 31 December 2025 (both dates inclusive), upon that member attaining the rank of Warrant Officer —

(i)

a monthly contribution at the prescribed rate of the member’s Premium salary; (ii)if the member is a naval diver, an ND-CARE benefit up to the age of 45 years at such rate and under such conditions as the Armed Forces Council may, by General Order, determine; and

(iii)

if the member attains the rank of Warrant Officer before the completion of 12 years of reckonable service, a contribution of a retention bonus at such rate and under such conditions as the Armed Forces Council may, by General Order, determine;

(ca)in the case of the CARE Account of a member enlisted for regular service between 1 April 2010 and 31 December 2025 (both dates inclusive), any retention bonus that would have been payable to the member in cash at the end of 6 years of reckonable service, but which the member opts to contribute into the CARE Account;

(cb)[Deleted by S 847/2025 wef 01/01/2026](d)any dividend declared by the Board under paragraph (4).

Subregulation 2

The Board shall, subject to the directions of the Armed Forces Council, credit to the accounts specified in paragraph (1) every contribution and dividend in such manner as the Armed Forces Council may direct, and the Armed Forces Council may give different directions in respect of different classes of members.

Subregulation 3

Amended byS 439/2025 wef 01/07/2025

Notwithstanding paragraph (1), no contributions shall be credited in respect of —

(a)

any period of service forfeited by sentence of a subordinate military court or Superior Commander or as a result of a decision of the Military Court of Appeal or a review of the Armed Forces Council, other than service forfeited for the purposes of promotion, in accordance with the provisions of the Act or any other written law for the time being in force;

(b)

the whole period of absence without leave;

(c)

the whole period of desertion;

(d)

the whole period of detention or special detention or imprisonment while undergoing a sentence awarded by a subordinate military court or the Military Court of Appeal or disciplinary officer;

(e)

the whole period of imprisonment or detention as a result of his conviction on a charge by a civil court;

(f)

the whole period of remand, custody, confinement, detention, open arrest or close arrest or suspension from duty while waiting for trial by the civil authority or military authority on a charge of which the member is subsequently convicted if during the period he has received no pay;

(g)

the whole period in which pay is forfeited; or

(h)

the whole period of leave of absence without any pay granted to a member, except for the following periods:

(i)

the whole period of no pay maternity leave;

(ii)

the whole period of unpaid infant care leave as the Armed Forces Council may determine in a General Order;

(iii)

the whole period of unpaid leave for unexpected care needs as the Armed Forces Council may determine in a General Order.

Subregulation 4

During any financial year, the Board may, in respect of a member of the Premium Plan, cause to be credited to the subsidiary accounts of that member in the SAVER-Premium Fund, a dividend out of the net income and net unrealised profits of the SAVER-Premium Fund for that financial year.

Subregulation 5

Amended byS 439/2025 wef 01/07/2025S 837/2019 wef 01/01/2020S 739/2020 wef 01/09/2020

In this regulation —

Definition

“net income” has the meaning given by regulation 2 of the Singapore Armed Forces (SAVER‑Premium Fund) Regulations;

Amended byS 439/2025 wef 01/07/2025

Definition

“prescribed rate”, in relation to a monthly contribution of a member’s Premium salary mentioned in paragraph (1)(b)(ii), (ba)(ii) or (c)(i), means —

(a)

where the monthly contribution is to be credited to the CARE Account of a member before 1 January 2020 — the rate of 5 percent of the member’s Premium salary; and

(b)

where the monthly contribution is to be credited to the CARE Account of a member on or after 1 January 2020 — the rate of 10 percent of the member’s Premium salary.

Amended byS 837/2019 wef 01/01/2020S 739/2020 wef 01/09/2020