Malaysia legislation
Section 17
of STATUTORY AND LOCAL AUTHORITIES SUPERANNUATION FUND ACT 1977
Section 17
A pensionable employee who was a contributor to the
Employees Provident Fund or any other provident fund established by any statutory or local authority may on retirement either—
(a)
accept the full pension and gratuity or gratuity for which he is eligible provided that payment is made to the Fund of an amount equivalent to the contributions with interest which the Government or any State Government or employer made to the Employees Provident Fund or other provident fund established by the statutory or local authority on his behalf during any period of reckonable past service as in section 16; or
(b)
forgo that portion of pension and gratuity or gratuity that would otherwise have accrued in respect of service during which he was a contributor to the Employees Provident
Fund or other provident fund established by the statutory or local authority and to retain his provident fund credit instead.
Maximum pension from service