Central Provident Fund Act |
Central Provident Fund (Contributions to Community Fund [Eurasian Association]) Rules 1995 |
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Citation and commencement |
1. These Rules may be cited as the Central Provident Fund (Contributions to Community Fund [Eurasian Association]) Rules 1995 and shall come into operation on 1st April 1995. |
Definitions |
2. In these Rules, unless the context otherwise requires —
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Employer to deduct contributions |
Opting out |
4. An employee who does not desire to contribute to the Fund shall notify his employer by completing the appropriate form provided by the Eurasian Association stating that he does not desire to contribute to the Fund. |
Contributions by 2 or more employers |
5. Where an employee is employed by 2 or more employers concurrently and the amounts deductible from his wages in a month in the aggregate exceed the maximum amount deductible under the Schedule, the Eurasian Association may, on the application of the employee, direct that the amounts deductible from his wages by all or any of his employers be reduced so that in any month the aggregate does not exceed the maximum amount deductible under the Schedule. |
Refund |
6.—(1) Where the Eurasian Association is satisfied that any amount has been paid in error to the Fund by any person, the Eurasian Association may, subject to paragraphs (2) and (3), refund the amount so paid in error to the person.
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Register |
7.—(1) Every employer shall prepare and keep a register showing the name, address, rate of pay and allowances of each employee, the amount earned by each employee, the amount deducted from the earnings of each employee as contribution to the Fund and such other particulars as may be determined from time to time.
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Contributions in excess of rate set out in Schedule |
8. An employee who desires to contribute in excess of the appropriate rate set out in the Schedule may give to his employer written notice to that effect, and thereafter, so long as he is employed by that employer, the employer shall make the deductions from his wages for each month until such time, not being less than 6 months from the giving of the previous notice, the employee gives further written notice to his employer of his desire to cease to have the monthly contributions deducted from his wages. |
Forms |
9. For the purposes of these Rules, the Eurasian Association may provide such forms as it may consider necessary. |
Chairman, Central Provident Fund Board, Singapore. |
[ML S7.5/68 V1; AG/SL/19/95] |
(To be presented to Parliament under section 78(2) of the Central Provident Fund Act). |