Section 3: Basic retirement pension
consolidated text (as at 2016, amended since). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.
3. Basic retirement pension
(1) Subject to section 10 and such terms and conditions as may be prescribed, a person who has attained the age of 60 shall be qualified to receive
a basic retirement pension.
(2) Notwithstanding section 44, a person qualified to receive a basic retirement pension pursuant to subsection (1) may request the Permanent Secretary that his basic retirement pension be paid to a charitable institution,
charitable Foundation or charitable trust.
(3) A request under subsection (2) shall—
(a) be made in such form and manner as the Permanent Secretary
may determine;
(b) be made not later than 15 days before the end of a month;
(c) take effect as from the first day of the month immediately following the month in which the request is made; and
(d) remain valid unless it is revoked by notice in such form as the
Permanent Secretary may determine.
(4) Where a request is revoked under subsection (3) (d), the revocation
shall—
(a) be made not later than 15 days before the end of a month; and
(b) take effect as from the first day of the month immediately following the month in which the revocation is made.
(5) A person making or revoking a request under this section shall
forward, at the time of the request or revocation, a copy of the request or
revocation, as the case may be, to the Director-General.
[S. 3 amended by s. 37 (b) (i) of Act 9 of 2015 w.e.f. 14 May 2015; s. 37 (b) (ii) of Act 9 of
2015 w.e.f. 1 December 2015.]
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Questions this section answers
- At what age can I get a basic retirement pension?
- Can I have my basic retirement pension paid to a charitable institution instead of myself?