Akta Pencen Pihak Berkuasa Berkanun Dan Tempatan 1980

Statutory and Local Authorities Pensions 11 (b) who was appointed before 12 April 1991 and has not been conferred the status of a pensionable employee, may opt for the Employees Provident Fund Scheme. (2) The option under subsection (1) shall be made to the appropriate appointing authority in such manner as may be approved by the pensions authority. (3) The exercise of the option by an employee under this section shall take effect on the option being accepted by the appropriate appointing authority and shall thereupon be irrevocable. (4) A pensionable employee shall cease to be a pensionable employee upon his option taking effect. (5) Subject to subsection (6), the provisions of this Act, and in particular subsection 8(1), shall cease to apply to a pensionable employee upon his option taking effect. (6) Subsections 6 A (5) and (6) and sections 6 C and 6 D shall apply to an employee who opts for the Employees Provident Fund Scheme under this section. Retrospective contributions to the Employees Provident Fund 6 C . An employer shall make contributions, in respect of each pensionable employee whose option has taken effect, to the Employees Provident Fund at the rate of seventeen and a half per centum of the employee‟s monthly salary for each month in the period commencing from the date the employee becomes a pensionable employee under section 6 or section 7 and ending on the date he ceases to be a pensionable employee under section 6 B .