Pension Fund Bill - Singapore Statutes Online

Pension Fund Bill

Bill No. 2/1995

Read the first time on 23rd January 1995.

An Act to establish a Pension Fund, and for matters connected therewith; and to make consequential amendments to certain other Acts.

Be it enacted by the President with the advice and consent of the Parliament of Singapore, as follows:

PART I

PRELIMINARY

Short title and commencement

1. This Act may be cited as the Pension Fund Act 1995 and shall come into operation on such date as the Minister may, by notification in the Gazette, appoint.

Interpretation

2. In this Act, unless the context otherwise requires —

“Minister” means the Minister for Finance;

“public service” means service, whether in a civil or military capacity, under the Government of Singapore and includes —

(a)	service as a Member of the Legislative Assembly or Parliament (including an office-holding Member);
(b)	service as a member of the Special Constabulary constituted by the Police Force Act [Cap. 235];
(c)	service as a volunteer in the Singapore Armed Forces or the Singapore Civil Defence Force; and
(d)	such other service as has been determined to be public service for the purposes of the Pensions Act [Cap. 225];

“Singapore” means —

(a)	in relation to any period ending before 3rd June 1959 — the Colony of Singapore; or
(b)	in relation to any period beginning on or after 3rd June 1959 and ending before 9th August 1965 — the State of Singapore;

“superannuation scheme” means a scheme providing for the payment of any pension, gratuity, allowance or other benefit on death, superannuation, resignation, retirement or discharge to persons who have been in the public service in Singapore or to the legal personal representatives or dependants of such persons.

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