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In forceAmended2001 Revised Edition

49. Preserved benefits for former military expert formerly on Premium Plan

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Amended

Last amended by an amending law of 2025. 2 amendments in all.

(1)

This regulation applies in relation to a serviceman who —

(a)

opted to be transferred to the military domain experts service under regulation 37(1) of the MDES Regulations; and

(b)

subsequently opts to convert to the Premium Plan under regulation 47.

(2)

All the following moneys remain as moneys standing to the credit of the serviceman in his CPF Top-Up Account (if any) and CARE Account, respectively, under these Regulations:

(a)

the moneys standing to the serviceman’s credit in his CPF Top-Up Account (if any) and CARE Account immediately before the date of his transfer to the military domain experts service under paragraph (1)(a);

(b)

all the dividends credited by the Board to the serviceman’s accounts in the SAVER-Premium Fund under regulation 37(4) of the MDES Regulations before the date of the serviceman’s conversion to the Premium Plan.

Subregulation 1

This regulation applies in relation to a serviceman who —

(a)

opted to be transferred to the military domain experts service under regulation 37(1) of the MDES Regulations; and

(b)

subsequently opts to convert to the Premium Plan under regulation 47.

Subregulation 2

All the following moneys remain as moneys standing to the credit of the serviceman in his CPF Top-Up Account (if any) and CARE Account, respectively, under these Regulations:

(a)

the moneys standing to the serviceman’s credit in his CPF Top-Up Account (if any) and CARE Account immediately before the date of his transfer to the military domain experts service under paragraph (1)(a);

(b)

all the dividends credited by the Board to the serviceman’s accounts in the SAVER-Premium Fund under regulation 37(4) of the MDES Regulations before the date of the serviceman’s conversion to the Premium Plan.

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