Malaysia legislation
Section 12A
Section 12A
(2)
Where a pensionable officer being a woman officer who is below forty-five years of age or a male officer who is below fifty years of age, is appointed by or with the approval of the Government to serve in any organization on the same terms and conditions of service as in the New Scheme he may be granted a pension, gratuity or other benefit on attaining the age of sixty years if he has served in such organization or any of its subsidiaries for a continuous period of not less than five years from the date of his leaving the public service, and in such case, any period of such service under the same terms and conditions of service as in the New Scheme with the organization or any of its subsidiaries may be reckoned for the purpose of granting the pension, gratuity or other benefit to the officer.
(2A)
Where an officer referred to in subsection (2) who was appointed before 1 January 2012 had been given an option before such date and had not opted for the compulsory age of retirement of sixty years, subsection (2) shall apply to him with the words
‘fifty-five’ or ‘fifty-six’ or ‘fifty-eight’, as the case may be, being substituted for the word ‘sixty’.
18 Laws of Malaysia ACT 227
(3)
In the case of a pensionable officer to whom subsection (2)
does not apply, he may be granted a pension, gratuity or other benefit in the case of a woman officer on attaining forty-five years of age or in the case of a male officer fifty years of age, if he has served in the organization or any of its subsidiaries or the international organization to which he was appointed by or with the approval of the Government for a continuous period of not less than five years from the date of his leaving the public service or until forty-five years of age or fifty years of age, as the case may be, whichever is the earlier.
(4)
Notwithstanding the provisions of subsections (2) and (3), where the service of the officer is terminated by the organization or any of its subsidiaries or the international organization to which he was appointed by or with the approval of the Government on ground of retrenchment or ill health, or where the contract is not renewed in respect of his appointment in the international organization, he may be granted a pension, gratuity or other benefit.
Monthly contributions to the Consolidated Fund