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Declaration of benefits policy

Cap. 204:01, s. 25 · Revised Edition 2020

The Authority may provide for the establishment and maintenance for the benefit of its officers and employees of a Pension Scheme under the Pension Act, Social Security Scheme, or Provident Fund Scheme, as stipulated in Statutory Instruments Nos. 145 of 1992, 111 of 1993, 37 of 1995, 41 of 1997 and No. 69 of 1997, and without prejudice to the generality of the foregoing, such schemes may enable the Authority to– (a) grant gratuities, pensions or superannuation allowances to, or to the widows, families or dependants of, its employees and officers; (b) establish contributory and superannuation schemes and establish and contribute to superannuation funds for the benefit of its employees and officers; (c) enter into and carry into effect agreements for securing to any such employees and officers, widows, family or dependants such gratuities, pensions or allowances as are by this section allowed to be granted. 30
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