Regulation 24

Subject to paragraphs (2) and (3), the rate of pension payable to a member who is granted a pension under regulation 23 shall be as follows:Ground for retirement Rate of pension per year(a)On retirement under regulation 22(a), (c), (f), (g) or (h) one six-hundredth (1/600th) of his annual pensionable emoluments in respect of each complete month of pensionable service. (b)On retirement under regulation 22(b) the award of a pension on this ground shall be at the discretion of the Armed Forces Council and shall, if granted, be at such rate as it may decide but shall not in any event exceed the rate of pension which would have been applicable had the member retired under regulation 22(c). (c)On retirement in the public interest under regulation 22(d) one six-hundredth (1/600th) of his annual pensionable emoluments in respect of each complete month of pensionable service or such lower rate as the Armed Forces Council may in all the circumstances decide. (d)On retirement under regulation 22(e) one five-hundredth (1/500th) of his annual pensionable emoluments in respect of each complete month pensionable service for the first 240 months and one six-hundredth (1/600th) in respect of each complete month of pensionable service in excess of 240 months.

A pension granted to a member under paragraph (1) shall not exceed two-thirds of his annual pensionable emoluments.

A pension granted under paragraph (1)(d) to a member who joins the Singapore Armed Forces on or after 24th August 1990 shall not exceed the pension which he would have been granted under paragraph (1)(a) on retirement under regulation 22(a) if he had continued in service until he reached the retirement age laid down in regulation 20.