Central Provident Fund (Government Employees) (Amendment) Regulations 2000

No. S 155

Central Provident Fund Act

(Chapter 36)

Central Provident Fund (Government Employees) (Amendment) Regulations 2000

In exercise of the powers conferred by section 77(1)(o) of the Central Provident Fund Act, the Minister for Manpower, after consultation with the Central Provident Fund Board, hereby makes the following Regulations:

Citation and commencement

1.—(1) These Regulations may be cited as the Central Provident Fund (Government Employees) (Amendment) Regulations 2000 and shall, with the exception of regulations 2 and 3, come into operation on 1st April 2000.

(2) Regulations 2 and 3 of these Regulations shall come into operation on 31st March 2000.

Amendment of regulation 2

2. Regulation 2 of the Central Provident Fund (Government Employees) Regulations (Rg 23) (referred to in these Regulations as the principal Regulations) is amended by inserting, immediately after the definition of “permanent resident”, the following definition:

“Premium Plan” means the plan established under section 205A of the Singapore Armed Forces Act (Cap. 295);

Amendment of regulation 3

3. Regulation 3 of the principal Regulations is amended —

(a)	by deleting the words “on or after 1st January 1999” in the 1st line of paragraph (2);
(b)	by inserting, immediately before the words “the contributions” in the 6th line of paragraph (2), the words “on or after 1st January 1999”;
(c)	by deleting the words “on or after 1st January 1999” in the 1st line of paragraph (3); and
(d)	by inserting, immediately before the words “the contributions” in the 6th line of paragraph (3), the words “on or after 1st January 1999”.

Deletion and substitution of regulation 5

4. Regulation 5 of the principal Regulations is deleted and the following regulation substituted therefor:

“Contributions payable in respect of Government employees on SAVER Plan or Premium Plan

5. —(1) The contributions payable in respect of employees in the Singapore Armed Forces who are members of the SAVER Plan or the Premium Plan shall be in accordance with the rates set out in the Third Schedule.

(2) Any award under the SAVER Plan or the Premium Plan comprising moneys in the SAVER–Premium Fund CPF Top-Up Account of an employee referred to in paragraph (1) shall be credited to that employee’s account with the Fund, except that the moneys may be used to set-off against any sum owing to the Government by that employee when he leaves the employment of the Singapore Armed Forces or is no longer a member of the SAVER Plan or the Premium Plan.

(3) Where an employee referred to in paragraph (1) does not have sufficient funds to maintain the minimum sum required of him in his retirement account with the Fund at the age of 55 years, any award of moneys from the employee’s Retirement Account under the SAVER Plan or the CARE Account of the Premium Plan shall be transferred to his Retirement Account with the Fund to meet the shortfall in the minimum sum.”.

Amendment of First Schedule

5. The First Schedule to the principal Regulations is amended by deleting paragraphs 1 to 4 and substituting the following paragraphs:

“1.Subject to this Schedule, with effect from 1st April 2000 the contributions payable by the employer and the amount recoverable from the employee’s wages are as follows:

2.Subject to this paragraph, with effect from 1st April 2000 the contributions payable by the employer and the amount recoverable from the employee’s wages during the first year after the employee becomes a permanent resident are as follows:

3.Subject to this Schedule, with effect from 1st April 2000 the contributions payable by the employer and the amount recoverable from the employee’s wages during the second year after the employee becomes a permanent resident are as follows:

3A.Subject to this Schedule, with effect from 1st April 2000 the contributions payable by the employer and the amount recoverable from the employee’s wages during the first year after the employee becomes a permanenet resident are as follows:

3B.Subject to this Schedule, with effect from 1st April 2000 the contributions payable by the employer and the amount recoverable from the employee’s wages during the second year after the employee becomes a permanent resident are as follows:

4.Where an employee was in the employment of the employer in the month of October 1984 and the ordinary wages payable under the contract of service to the employee for that month was more than $9,333, the maximum contributions payable by the employer in respect of such employee under item (a)(i) —

(a) in column (2) of paragraph 1 shall, instead of $840, be 9% of such wages of the employee for that month;

(b) in column (4) of paragraph 1 shall, instead of $315, be 3.375% of such wages of the employee for that month;

(d) in column (8) of paragraph 1 shall, instead of $175, be 1.875% of such wages of the employee for that month.”.

Amendment of Second Schedule

6. The Second Schedule to the principal Regulations is amended by deleting paragraphs 1 to 4 and substituting the following paragraphs:

“1.Subject to this Schedule, with effect from 1st April 2000 the contributions payable by the employer and the amount recoverable from the employee’s wages are as follows:

2.Subject to this Schedule, with effect from 1st April 2000 the contributions payable by the employer and the amount recoverable from the employee’s wages during the first year after the employee becomes a permanent resident are as follows:

4.Where an employee was in the employment of the employer in the month of October 1984 and the ordinary wages payable under the contract of service to the employee for that month was more than $7,000, the maximum contributions payable by the employer in respect of such employee under item (a)(i) —

(a)	in column (2) of paragraph 1 shall, instead of $840, be 12% of such wages of the employee for that month;
(b)	in column (4) of paragraph 1 shall, instead of $315, be 4.5% of such wages of the employee for that month;
(c)	in column (6) of paragraph 1 shall, instead of $175, be 2.5% of such wages of the employee for that month;
(d)	in column (8) of paragraph 1 shall, instead of $175, be 2.5% of such wages of the employee for that month.”.

Amendment of Third Schedule

7. The Third Schedule to the principal Regulations is amended by deleting paragraph 1 and substituting the following paragraph:

“1.Subject to this Schedule, with effect from 1st April 2000 the contributions payable by the employer and the amount recoverable from the employee’s wages are as follows:

”.

[G.N. Nos. S 185/98; S644/98]

Made this 29th day of March 2000.

TAN CHIN NAM

Permanent Secretary,
Ministry of Manpower,
Singapore.

[MMS 9/73T6; AG/LEG/SL/36/97/6 Vol. 1]

(To be presented to Parliament under section 78(2) of the Central Provident Fund Act).

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