5.—(1) Subject to paragraph (1A), when an employed eligible member is entitled to receive any benefit, the Board shall —| (a) | if the relevant year is 2007, 2008, 2009, 2010, 2011 or 2012 —| (i) | make a cash payment to him of an amount (rounded up to the nearest dollar) equivalent to two-sevenths of the value of all benefits which he is then entitled to receive; and | | (ii) | credit a relevant contribution, of an amount equivalent to the difference between the value of all benefits which he is then entitled to receive and the value of the cash payment under sub-paragraph (i), to such of his ordinary account, special account and medisave account as the Minister may direct; or |
| | (b) | if the relevant year is 2013 or any subsequent year —| (i) | make a cash payment to him of an amount (rounded up to the nearest dollar) equivalent to two-fifths of the value of all benefits which he is then entitled to receive; and | | (ii) | credit a relevant contribution, of an amount equivalent to the difference between the value of all benefits which he is then entitled to receive and the value of the cash payment under sub-paragraph (i), to such of his ordinary account, special account and medisave account as the Minister may direct. |
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(1A) Where the Board has attempted to make a cash payment to an employed eligible member under paragraph (1)(a)(i) or (b)(i) by issuing a cheque to the member, the Board has notified the member of the issue of the cheque, and the member fails to encash the cheque before the cheque expires —| (a) | the Board may, in lieu of making the cash payment, credit an additional relevant contribution, of an amount equivalent to the value of the cash payment, to such of the member’s ordinary account, special account and medisave account as the Minister may direct; and | | (b) | if the Board credits the additional relevant contribution in accordance with sub-paragraph (a), the member shall cease to be entitled under paragraph (1)(a)(i) or (b)(i) to the cash payment. |
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(2) Subject to paragraphs (6B) and (6E), the total value of all benefits which an employed eligible member is entitled to receive in any relevant year shall be as follows:| (a) | where he is a category 1 employed eligible member, the total value of all benefits which he is entitled to receive is as set out in —| (i) | the table under paragraph 1 of the First Schedule, if the relevant year is 2007, 2008 or 2009; | | (ii) | the table under paragraph 2 of the First Schedule, if the relevant year is 2010, 2011 or 2012; or | | (iii) | the table under paragraph 3 of the First Schedule, if the relevant year is 2013 or any subsequent year; |
| | (b) | where he is a category 2 employed eligible member, the total value of all benefits which he is entitled to receive is as set out in —| (i) | the table under paragraph 1 of the Second Schedule, if the relevant year is 2007, 2008 or 2009; | | (ii) | the table under paragraph 2 of the Second Schedule, if the relevant year is 2010, 2011 or 2012; or | | (iii) | the table under paragraph 2A of the Second Schedule, if the relevant year is 2013 or any subsequent year; or |
| | (c) | where he is a category 3 employed eligible member, the total value of all benefits which he is entitled to receive is as set out in —| (i) | the table under paragraph 3 of the Second Schedule, if the relevant year is 2012; or | | (ii) | the table under paragraph 4 of the Second Schedule, if the relevant year is 2013 or any subsequent year. |
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| (3) Subject to paragraphs (4) and (6C), an employed eligible member shall receive the benefits to which he is entitled in any relevant year as soon as practicable in the year immediately following the relevant year. |
(4) An employed eligible member may receive a provisional payment or credit of part of the benefits to which he is entitled in any relevant year from 2007 to 2011 before the end of the relevant year, and the remainder of the benefits to which he is entitled in the relevant year as soon as practicable in the year immediately following the relevant year, if he —| (a) | is a Singapore citizen, or becomes a Singapore citizen on or before —| (i) | 1st July in the relevant year, if the relevant year is 2007, 2008 or 2009; or | | (ii) | 30th June in the relevant year, if the relevant year is 2010 or 2011; and |
| | (b) | has worked as an employee for a period of at least 3 months in the first 6 months of the relevant year. |
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(5) The value of the benefits which an employed eligible member referred to in paragraph (4) is entitled to receive provisionally in any relevant year from 2007 to 2011 shall be as set out in —| (a) | the table under paragraph 1 of the Second Schedule, if the relevant year is 2007, 2008 or 2009; or | | (b) | the table under paragraph 2 of the Second Schedule, if the relevant year is 2010 or 2011. []] |
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| (6) Notwithstanding paragraph (2), where the value of the benefits which an employed eligible member has received provisionally in any relevant year (being 2010 or 2011) exceeds the total value of all benefits which he is entitled to receive in that relevant year, the Board shall not be required to recover, on behalf of the Government, the excess benefits from the member. |
(6A) An employed eligible member is entitled to receive the benefits for any relevant quarter in 2012 or any subsequent year, if —| (a) | he is a Singapore citizen, or becomes a Singapore citizen, on or before the last day of that relevant quarter; and | | (b) | he has worked as an employee for a period of at least 2 months in that relevant quarter. |
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(6B) The value of the benefits which an employed eligible member is entitled under paragraph (6A) to receive for each relevant quarter is as set out in —| (a) | the table under paragraph 3 of the Second Schedule, if the relevant year is 2012; or | | (b) | the table under paragraph 4 of the Second Schedule, if the relevant year is 2013 or any subsequent year. |
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(6C) An employed eligible member is entitled under paragraph (6A) —| (a) | to receive the benefits for the first 3 relevant quarters in any relevant year (being 2012 or any subsequent year) before the end of the relevant year; and | | (b) | to receive the remainder of the benefits to which he is entitled in the relevant year (including the benefits for the fourth relevant quarter in the relevant year) as soon as practicable in the year immediately following the relevant year. |
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(6D) An employed eligible member is entitled to receive the benefits for any quarter (not being a relevant quarter) in 2012 or any subsequent year where he has worked as an employee in the last month of that quarter, if —| (a) | he is a Singapore citizen, or becomes a Singapore citizen, on or before the last day of that quarter; | | (b) | he has worked as an employee for a period of at least 2 months in that quarter; and | | (c) | no part of that quarter forms any part of a relevant quarter for which the member is entitled under paragraph (6A) to receive any benefits. |
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(6E) The value of the benefits which an employed eligible member is entitled under paragraph (6D) to receive for each quarter is as set out in —| (a) | the table under paragraph 3 of the Second Schedule, if the relevant year is 2012; or | | (b) | the table under paragraph 4 of the Second Schedule, if the relevant year is 2013 or any subsequent year. |
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(7) Notwithstanding paragraphs (1), (1A), (2), (4), (5) and (6A) to (6E), where an employed eligible member is entitled in any relevant year (being 2010 or any subsequent year) to receive any benefit —| (a) | the Board may, in its discretion, make a cash payment under paragraph (1)(a), credit a relevant contribution under paragraph (1)(b) or in accordance with paragraph (1A), or make a provisional payment or credit under paragraph (4), in favour of the member, of such amount as the Minister may direct (being an amount which exceeds the amount of the cash payment, relevant contribution or provisional payment or credit, as the case may be, which the member is otherwise entitled to receive in that relevant year); and | | (b) | the member shall be entitled to retain the full amount of the cash payment, relevant contribution or provisional payment or credit, as the case may be, made or credited by the Board. |
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