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Section 3: Basic retirement pension

National Pensions Act · PART II: BASIC PENSIONS

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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