| 80 years or age of the relevant member on the last day of the month in which the annuity plan is issued, whichever is higher |
| | (a) | If the annuity plan is issued pursuant to an application made before 1 January 2013 — every relevant member who is below the age of 80 years at all times in the month in which the annuity plan is issued. |
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(b) | If the annuity plan is an additional annuity plan issued pursuant to an application made on or after 1 January 2013 but before 6 November 2021 — every relevant member who applied for his first annuity plan before 1 January 2013, and who is below the age of 80 years at all times in the month in which the application for the additional annuity plan is received by the Board. |
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(c) | If the annuity plan is an additional annuity plan issued on or after 6 November 2021 (except an additional annuity plan mentioned in paragraph (b)) — every relevant member who applied for his first annuity plan before 1 January 2013. |
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| (a) | If the annuity plan is issued pursuant to an application made before 1 January 2013 — prescribed age applicable to the relevant member under section 15(7) of the Act when the annuity plan is issued, or age of the relevant member on the last day of the month in which the annuity plan is issued, whichever is higher. |
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(b) | If the annuity plan is issued pursuant to an application made on or after 1 January 2013 — applicable age. |
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| | (a) | If the annuity plan is issued before 1 January 2011 — every relevant member. |
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(b) | If the annuity plan is issued on or after 1 January 2011 pursuant to an application made before 1 January 2013 — every relevant member who is of or below the age of 80 years at all times in the month in which the annuity plan is issued. |
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(c) | If the annuity plan is an additional annuity plan issued pursuant to an application made on or after 1 January 2013 but before 6 November 2021 — every relevant member who applied for his first annuity plan before 1 January 2013, and who is below the age of 80 years at all times in the month in which the application for the additional annuity plan is received by the Board. |
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(d) | If the annuity plan is an additional annuity plan issued on or after 6 November 2021 (except an additional annuity plan mentioned in paragraph (c)) — every relevant member who applied for his first annuity plan before 1 January 2013. |
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| (a) | If the annuity plan is issued pursuant to an application made before 1 January 2013 — prescribed age applicable to the relevant member under section 15(7) of the Act when the annuity plan is issued, or age of the relevant member on the last day of the month in which the annuity plan is issued, whichever is higher. |
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(b) | If the annuity plan is issued pursuant to an application made on or after 1st January 2013 — applicable age. |
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| | (a) | If the annuity plan is issued before 1 January 2011 — every relevant member. |
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(b) | If the annuity plan is issued on or after 1 January 2011 pursuant to an application made before 1 January 2013 — every relevant member who is of or below the age of 80 years at all times in the month in which the annuity plan is issued. |
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(c) | If the annuity plan is an additional annuity plan issued pursuant to an application made on or after 1 January 2013 but before 6 November 2021 — every relevant member who applied for his first annuity plan before 1 January 2013, and who is below the age of 80 years at all times in the month in which the application for the additional annuity plan is received by the Board. |
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(d) | If the annuity plan is an additional annuity plan issued on or after 6 November 2021 (except an additional annuity plan mentioned in paragraph (c)) — every relevant member who applied for his first annuity plan before 1 January 2013. |
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| | | (a) | If the annuity plan is issued before 1 January 2011 — every relevant member who is below the age of 90 years at all times in the month in which the annuity plan is issued. |
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(b) | If the annuity plan is issued on or after 1 January 2011 pursuant to an application made before 1 January 2013 — every relevant member who is below the age of 80 years at all times in the month in which the annuity plan is issued. |
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(c) | If the annuity plan is issued pursuant to an application made on or after 1 January 2013 — every relevant member who is below the age of 80 years at all times in the month in which his application for the annuity plan is received by the Board. |
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(d) | If the annuity plan is an additional annuity plan issued pursuant to an application made on or after 1 January 2013 but before 6 November 2021 — every relevant member who is below the age of 80 years at all times in the month in which his application for the annuity plan is received by the Board. |
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| | | (e) | If the annuity plan is an additional annuity plan issued on or after 6 November 2021 (except an additional annuity plan mentioned in paragraph (d)) — every relevant member. |
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| Age of the relevant member on the last day of the month in which the annuity plan is issued |
| | (a) | If the annuity plan is issued before 1 January 2011 — every relevant member who — |
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(i) | has entered into an agreement with the Housing and Development Board under the Lease Buyback Scheme; or |
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(ii) | has paid the premium in cash. |
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(b) | If the annuity plan is issued on or after 1 January 2011 pursuant to an application made before 1 February 2013, every relevant member — |
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(i) | who has entered into an agreement with the Housing and Development Board under the Lease Buyback Scheme; or |
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(ii) | who is of or below the age of 80 years at all times in the month in which the annuity plan is issued, and who has applied to pay the premium in cash. |
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| | | (c) | If the annuity plan is an additional annuity plan issued pursuant to an application made on or after 1 February 2013 but before 6 November 2021, every relevant member who — |
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(i) | has applied for the Immediate Annuity Plan as his first annuity plan before 1 February 2013; and |
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(ii) | is below the age of 80 years at all times in the month in which the application for the additional annuity plan is received by the Board. |
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(d) | If the annuity plan is an additional annuity plan issued on or after 6 November 2021 (except an additional annuity plan mentioned in paragraph (c)) — every relevant member who applied for the Immediate Annuity Plan as his first annuity plan before 1 February 2013. |
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| (a) | If the annuity plan is issued pursuant to an application made before 1 January 2013 — prescribed age applicable to the relevant member under section 15(7) of the Act when the annuity plan is issued, or age of the relevant member on the last day of the month in which the annuity plan is issued, whichever is higher. |
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(b) | If the annuity plan is issued pursuant to an application made on or after 1 January 2013 — applicable age. |
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| | (a) | If the annuity plan is issued on or after 1 January 2013 but before 1 January 2014, every relevant member who — |
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(i) | is below the age of 80 years at all times in the month in which his application for the annuity plan is received by the Board; or |
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(ii) | applies for an annuity plan to replace an earlier annuity plan that the Board permits the relevant member to terminate under regulation 6(8). |
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(b) | If the annuity plan is issued on or after 1 January 2014 — every relevant member who is below the age of 80 years at all times in the month in which his application for the annuity plan is received by the Board. |
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(c) | If the annuity plan is an additional annuity plan issued on or after 1 January 2014 but before 6 November 2021 — every relevant member who is below the age of 80 years at all times in the month in which his application for the annuity plan is received by the Board. |
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| | | (d) | If the annuity plan is an additional annuity plan issued on or after 6 November 2021 (except an additional annuity plan mentioned in paragraph (c)) — every relevant member. |
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(e) | Every relevant member who applies on or after 6 November 2021 for the LIFE Standard Plan to replace an earlier annuity plan that has been issued to the relevant member. |
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| | | (a) | If the annuity plan is a first annuity plan — every relevant member who is below the age of 80 years at all times in the month in which the relevant member’s application for the annuity plan is received by the Board. |
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(b) | If the annuity plan is an additional annuity plan issued pursuant to an application made before 6 November 2021 — every relevant member who is below the age of 80 years at all times in the month in which the relevant member’s application for the annuity plan is received by the Board. |
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(c) | If the annuity plan is an additional annuity plan issued on or after 6 November 2021 (except an additional annuity plan mentioned in paragraph (b)) — every relevant member. |
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| | | (d) | Every relevant member who applies for the LIFE Escalating Plan to replace an earlier annuity plan that has been issued to the relevant member. |
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