Home Affairs Uniformed Services Superannuation Bill - Singapore Statutes Online

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Home Affairs Uniformed Services Superannuation Bill

Table of Contents

Bill No: 31/2001
Read the first time: 25th July 2001

Long Title

Enacting Formula

Part I PRELIMINARY

1 Short title and commencement

2 Interpretation

Part II INVEST PLAN

3 Establishment of INVEST Plan

4 Conversion of existing officers to INVEST Plan

5 Benefits not as of right

6 Reduction, etc., of benefits

7 Non-assignability or attachment, etc., of benefits

8 Effect of bankruptcy on benefits

9 Benefits to cease on conviction

10 Benefits not part of member’s estate

11 Recovery of benefits granted in ignorance of disqualifying facts

Part III INVEST FUND

12 Establishment of INVEST Fund

13 Purposes of Fund

14 Administration of Fund

15 Investment

16 Deficiencies

17 Fund surpluses

18 Withdrawals

Part IV BOARD OF TRUSTEES AND AWARD OFFICERS

19 Appointment of Board

20 Functions and powers of Board

21 Award officers and appeal authority

Part V AUDIT AND ACCOUNTING

22 Accounts, financial statements and audit

23 Periodic examination of Fund

24 Regulations for administration of Fund

Part VI CONSEQUENTIAL AMENDMENT

25 Consequential amendment to Pension Fund Act

Explanatory Statement

Expenditure of Public Money

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