Singapore legislation
Regulation 33
Regulation 33
Preserved pension
Subregulation 1
Every member exercising an option pursuant to regulation 32 who has been in the pensionable service for not less than 10 years before his conversion to the non-pensionable service may be granted on his retirement —
under regulation 22(a), (c), (e), (f), (g) or (h), a pension at the rate of of his annual pensionable emoluments at the date immediately before his conversion in respect of each complete month of pensionable service before his conversion subject to the limit specified in regulation 24(2) and (3); or
under regulation 22(b) or (d), a pension at the rate specified in regulation 24(1)(b) or (c), as the case may be, of his annual pensionable emoluments at the date immediately before his conversion in respect of each complete month of pensionable service before his conversion subject to the limit specified in regulation 24(2).
Subregulation 2
Paragraphs (2) and (3) of regulation 23 shall apply to a member who has been granted a pension under paragraph (1) on his retirement under regulation 22(d) or (g) as they apply to a member who has been granted a pension under regulation 23(1).