Singapore legislation
Regulation 18
Regulation 18
Withdrawals and vesting of contributions
Subregulation 1
Except where otherwise provided in these Regulations, where a Category A member retires or is required to retire from the Singapore Armed Forces on any of the grounds specified in regulation 11(a) to (h) or he resigns from the Singapore Armed Forces, such portion of moneys standing to the member’s credit in his CARE Account as is specified in the First Schedule in relation to the member’s age at the date of his retirement or resignation, as the case may be, shall vest in the member and may be awarded in respect of that member.
Subregulation 1A
Where a Category A member retires or is required to retire from the Singapore Armed Forces on either of the grounds specified in regulation 11(i) and has completed not less than 10 years of reckonable service, there shall vest in the member and may be awarded to him, at the option of the member ––
the entire sum standing to his credit in his CARE Account at the date of his retirement; or
one month’s last drawn salary, excluding any bonus or allowance, for each year of his reckonable service and a proportionate sum thereof for any complete month, capped at 25 years,subject to such conditions as the Armed Forces Council may, by General Order, impose.
Subregulation 1B
Except where paragraph (1A) applies, where a naval diver who is a Category A member has opted for his CARE Account to vest according to the vesting scale in paragraph 3 of the First Schedule and retires or resigns from the Singapore Armed Forces above the age of 45 years, there shall vest in the naval diver and may be awarded to him ––
the entire sum standing to his credit in his CARE Account at the age of 45 years, including the ND-CARE benefit; or
the entire sum standing to his credit in his CARE Account at the date of his retirement or resignation, excluding the ND-CARE benefit received by him,whichever is the higher, subject to such conditions as the Armed Forces Council may, by General Order, impose.
Subregulation 1C
Where a naval diver who is a Category A member —
receives his first contribution to his CARE Account on or after 1 January 2007; and
retires or is required to retire, or resigns, from the Singapore Armed Forces above the age of 45 years,the higher of the following sums vests in, and may be awarded to, the naval diver:
the entire sum standing to his credit in his CARE Account at the age of 45 years, including the ND-CARE benefit;
the sum standing to his credit in his CARE Account according to the vesting scale in paragraph 1, 2 or 4 of the First Schedule at the date of his retirement or resignation, excluding the ND-CARE benefit received by him,subject to such conditions as the Armed Forces Council may, by General Order, impose.
Subregulation 2
Notwithstanding paragraphs (1), (1B) and (1C) —
where a Category A member retires from the Singapore Armed Forces on the ground specified in regulation 11(b) or (d), the sum vested in the member under paragraph (1), (1B) or (1C) may be reduced to the extent determined by the Armed Forces Council;
where a Category A member who has converted to the Premium Plan on 31st March 2000 retires from the Singapore Armed Forces on the ground specified in regulation 11(c), the sum vested in the member under paragraph (1), (1B) or (1C) may be increased to the extent determined by the Armed Forces Council; and
where a Category A member retires from the Singapore Armed Forces on the ground specified in regulation 11(e), (g) or (h), the sum vested in the member under paragraph (1), (1B) or (1C) may be increased to the extent determined by the Armed Forces Council.
Subregulation 3
Notwithstanding any provision in these Regulations but subject to paragraph (3A) and regulation 26(5) —
in the case of a Category A member who enlisted for regular service before 1 April 2010, no sum in the member’s CARE Account vests in the member unless the member has completed not less than 15 complete years of reckonable service; and
(aa)in the case of a Category A member who enlisted for regular service on or after 1 April 2010, no sum in the member’s CARE Account vests in the member unless the member has completed not less than 12 complete years of reckonable service.(b)[Deleted by S 847/2025 wef 01/01/2026]
Subregulation 3A
Paragraph (3) shall not apply to a Category A member who retires on any of the grounds specified in regulation 11(c) or (i).
Subregulation 4
The Board may authorise the payment of the sum vested in the member in accordance with paragraphs (1), (1A), (1B), (1C), (2), (3) and (3A) to the serviceman, or a person eligible to make an application under regulation 19.
Subregulation 5
Where a Category A member is either discharged or dismissed in the circumstances referred to in regulation 17, the Board may, on the application of the person entitled to apply under regulation 19, authorise the payment to the applicant of such moneys in the member’s CARE Account not forfeited by the Armed Forces Council under regulation 17.
Subregulation 6
Where a Category A member’s CPF Top-Up Account is closed under regulation 15(1), the Board shall authorise the transfer of all moneys which has vested in the member’s CPF Top-Up Account to the CPF Board to the credit of the member’s account in the Central Provident Fund.
Subregulation 7
Where the total amount standing to the credit of a Category A member in the CPF after the transfer of moneys under paragraph (6) is less than the retirement sum prescribed for the purposes of section 15(6) of the Central Provident Fund Act 1953, the deficiency in the member’s CPF account shall be met out of the sum vested in the member’s CARE Account in the SAVER-Premium Fund.
Subregulation 8
The Board shall credit to the Forfeiture Account of the SAVER-Premium Fund any balance of moneys in the closed CARE Account of a Category A member after the amount allowed to be withdrawn from that CARE Account under these Regulations has been paid.
Subregulation 9
For the purposes of this regulation and the First Schedule, a Category A member attains the age mentioned in this regulation or that Schedule (as the case may be) on the relevant anniversary of his birthday.
Subregulation 10
For the purposes of paragraph (9) —
a reference to the anniversary of a Category A member’s birthday is a reference to the day on which the anniversary occurs; and
a Category A member who is born on 29 February is deemed to attain the age mentioned in this regulation or the First Schedule (as the case may be) in any year that is not a leap year on 28 February of the year in which the member attains that age.