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Section 4: Membership of Fund

Sugar Industry Pension Fund Act

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.

4. Membership of Fund (1) Subject to subsection (3), every employee, who, at 1 January 1956 had reached the age of 18, and every employee who, at that date or after that date, reaches the age of 18, shall be a member of the Fund and shall be liable to contribute to it continuously until he reaches normal pension age. (2) (a) An employee who is over the normal pension age at 1 January 1956, may, with his employer’s consent, join the Fund at that date on such special terms of contribution and pension as may be agreed upon between himself and his employer and approved by the Board. (b) (i) An employee who, after reaching normal pension age, continues in service, may continue to contribute to the Fund, at the rate appropriate to his salary or wage grade, and where he so elects to continue his contribution his employer shall likewise continue his contribution to the Fund in respect of that employee. (ii) The employer’s contributions shall be at the appropriate rate relative to the employee’s contribution as if the employee were still of the age of 59. (3) This section shall not apply to— (a) an employee on probation; (b) an employee who is a member of a pension fund operated by an insuring employer; (c) an employee who is contributing to the National Pensions Fund and whose remuneration does not exceed the ceiling prescribed in the National Pensions Act; (d) any employee who is contributing to a pension scheme administered by the State Insurance Company of Mauritius Limited; (e) a person receiving a pension from the Fund and re-employed by an employer; and (f) an employee on short term agreement, unless and until such employee elects to become a member of the Fund. [S. 4 amended by s. 53 (b) of Act 18 of 2016 w.e.f. 7 September 2016.] [Issue 9] S51 – 4 Revised Laws of Mauritius

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