Section 4A: Pension contribution

4A. Pension contribution (1) Every officer— (a) appointed on or after 1 July 2008 but before 1 January 2013; or (b) who has opted for the pension provisions effective as from 1 July 2008 but before 1 January 2013, shall make a contribution towards his pension at the rate of 6 per cent of his pensionable emoluments which shall, for the purpose of this subsection, not include his car benefit and housing allowance. (2) Every trainee, student, cadet or apprentice recruited under a traineeship, studentship, cadetship or apprenticeship— (a) on or after 1 July 2008; or (b) who has opted for the pension provisions effective as from 1 July 2008, shall make a contribution towards his pension at the rate of 3 per cent of his emoluments. [Issue 7] S42 – 4 Revised Laws of Mauritius (3) Any contribution under subsections (1) and (2) shall— (a) accrue daily; (b) be rounded to the nearest rupee; (c) every month, be deducted from emoluments; and (d) be paid into the Fund at the end of every month, but not later than the 10th of the following month. (4) Where a person referred to in subsections (1) and (2) has contributed for at least one year and leaves or otherwise ceases to be in the service, he shall be refunded his contributions together with compound interest at the rate of 4 per cent per annum, computed annually on 31 December, provided that no portable pension benefit is transferable and no pension, gratuity or other allowance is payable to him in respect of his past service. (5) Where an officer has been appointed to act in, or has been assigned the duties of, a higher office, his pensionable emoluments shall, for the purposes of subsection (1), include the acting allowance payable to him for performing the duties of the higher office, subject to such conditions as may be prescribed. [S. 4A inserted by s. 35 (d) of Act 18 of 2008 w.e.f. 1 July 2008; s. 26 (d) of Act 26 of 2012 w.e.f. 22 December 2012.]