Singapore Armed Forces Act |
Singapore Armed Forces (SAVER Plan) (Amendment) Regulations 2012 |
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Citation and commencement |
1. These Regulations may be cited as the Singapore Armed Forces (SAVER Plan) (Amendment) Regulations 2012 and shall come into operation on 1st June 2012. |
Amendment of regulation 2 |
2. Regulation 2(1) of the Singapore Armed Forces (SAVER Plan) Regulations (Rg 19) (referred to in these Regulations as the principal Regulations) is amended by deleting the definitions of “compulsory retirement age” and “normal retirement age”. |
Deletion of regulations 10 and 11 and substitution of regulation 10 |
3. Regulations 10 and 11 of the principal Regulations are deleted and the following regulation substituted therefor:
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Amendment of regulation 12 |
4. Regulation 12 of the principal Regulations is amended by deleting the words “normal retirement age or compulsory retirement age, as the case may be” in paragraph (a) and substituting the words “stipulated retirement age of 50 years”. |
Savings |
5. The principal Regulations in force immediately before 1st June 2012 shall continue to apply to any member who, on that date, is of or above 50 years of age and continues to render his service on contract in the Singapore Armed Forces. |
Secretary, Armed Forces Council, Singapore. |
[MINDEF4-4/26-3-5/HCL; AG/LLRD/SL/295/2010/5 Vol. 1] |
(To be presented to Parliament under section 207 of the Singapore Armed Forces Act). |