Section 1
This Act may be cited as the Pensions Adjustment
(Amendment) Act 2011.
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Pensions Adjustment (Amendment) Act 2011 is Malaysia Amendment Act, cited as Amendment Act A1411 2011, currently marked in force and first recorded in 2011.
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pensions adjustment (Amendment)
Act 2011
2
Date of Royal Assent
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30 December 2011
Date of publication in the
Gazette
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31 December 2011
Publisher’s Copyright C percetakan nasional malaysia berhad
(Appointed Printer to the Government of Malaysia).
Pensions Adjustment (Amendment)
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pensions adjustment (amendment)
act 2011
Opening note
This Act may be cited as the Pensions Adjustment
(Amendment) Act 2011.
Amendment of section 4
The Pensions Adjustment Act 1980 [Act 238], which is referred to as the “principal Act” in this Act, is amended in section 4 by substituting for the words “twelve and a half years”, wherever they appear, the words “twenty years”.
Amendment of section 5
Section 5 of the principal Act is amended by substituting for the words “twelve and a half years”, wherever they appear, the words “twenty years”.
4
Savings and transitional
The payment of derivative pension or derivative retiring allowance in consequence of the amendment made under sections 2 and 3 of this Act to persons other than those mentioned in subsections 4(3) and 5(4) of the principal Act, if the period of twelve and a half years has expired before 1 January 2012, shall be dealt with as follows:
the period of twenty years shall be calculated from the date of the retirement of the officer;
the persons shall not be entitled to the payment of derivative pension or derivative retiring allowance for the period after the expiration of the period of twelve and a half years until 31 December 2011; and
the payment of derivative pension or derivative retiring allowance shall only be made from 1 January 2012.
KUALA LUMPUR
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