Death of member
16.  Where a member has deposited the amount referred to in section 15(6C)(b) of the Act with an approved bank or has used that amount to purchase an approved annuity from an insurer, upon the death of the member, that amount or any balance thereof or the amount representing the residual value of his approved annuity shall be transferred to his account in the Fund to be dealt with in accordance with law.
[S 396/2009 wef 01/09/2009]
[S 708/2012 wef 01/01/2013]