Malaysia legislation

Section 12

of PENSIONS (AMENDMENT) ACT 2011

Section 12

Savings and transitional

(a)

has optionally retired;

(b)

has exceeded the age of fifty-five years; and

(c)

has attained his compulsory age of retirement.

(2)

The grant of a pension to an officer who before 1 January 2012—

(a)

has optionally retired;

(b)

has exceeded the age of fifty-five years; but

(c)

has not attained his compulsory age of retirement, shall only be made from 1 January 2012.

(3)

The payment of derivative pension or derivative retiring allowance in consequence of the amendments made under sections 7 and 11 of this Act to any person prescribed in the regulations, if the period of twelve and a half years has expired before 1 January 2012, shall be dealt with as follows:

(a)

the period of twenty years shall be calculated from the date of the retirement of the officer;

(b)

the persons shall not be entitled to the payment of derivative pension or derivative retiring allowance for the period after the expiration of twelve and a half years until 31 December 2011; and

(c)

the payment of derivative pension or derivative retiring allowance shall only be made from 1 January 2012.

KUALA LUMPUR