Malaysia legislation
Section 31
Section 31
(2)
Notwithstanding any written law to the contrary, upon the winding up of the fund of the pension scheme of a statutory or local authority, the pension authority shall exercise the powers and perform the duties of the appropriate authority of such scheme.
(3)
Nothing in this section shall be deemed to diminish the amount of pension, gratuity or other benefit to which an employee would have been eligible if not for this section.
*NOTE—see section 11 of the Statutory and Local Authorities Pensions
(Amendment) Act 2011 [Act A1410] w.e.f. 1 January 2012 which provides the following provision:
Savings and transitional