Cap. 280 Art. 5Member’s contribution.

(1) A contribution, at the rate specified in subarticle (2)

shall, from and after the commencement of this Act, be payable by every member under the age of sixty-five years while he is a member, and such contribution shall be deducted from the honorarium or salary of every such member.

(2) The rate of contribution shall be one-twelfth of the honorarium or salary of the contributing member.

(3) Where the amount of contribution payable by a member under the Social Security Act, is equal to or greater than the amount of contribution payable by him under this Act, calculated on a weekly basis, the payment of contribution made in accordance with the provisions of the Social Security Act, shall, for the purposes of this section, be deemed to be a payment made under this Act.

(4) Where the amount of contribution payable by a member under the Social Security Act is less than the amount of contribution payable by him under this Act, calculated on a weekly basis, the amount of contribution payable under this Act shall be abated by the amount of contribution payable under the Social Security Act.

(5) A contribution paid under this Act shall, for the purposes of article 53(1)(d) of the Income Tax Act, be deemed to be an annual contribution to a pension approved by the Commissioner of Inland Revenue.

(6) No contribution paid under this Act shall be refundable.

(7) Notwithstanding the provisions of subarticle (1) a contribution under this section shall be payable by a member to whom the provisions of paragraph (d) of the definition of "service" in article 2(1) apply in respect of any period taken into consideration under that paragraph for the purpose of calculating the term of service, during which he is over the age of sixty-five member, no pension shall be payable while he continues to be a member and until he attains the age of sixty-five years: Provided that where the honorarium or salary currently payable to such member is less than the amount of pension to which he would have been entitled under this Act had he not again become a member, he shall be entitled to receive by way of pension under this Act the difference between such honorarium or salary and such pension until he subsequently ceases to be a member or attains the age of sixty-five years, whichever is the earlier, and thenceforth his pension shall be such as he may be entitled to in accordance with the provisions of this Act.

(2) No pension shall be payable to a person under this Act who has ceased to be a member by reason of the dissolution of Parliament until the publication of the official result of the next ensuing general election or, if he has not sought re-election, until the closing day for nominations for that election.

(3) No pension shall be payable under this Act to a person who is disqualified from membership of the House by or under any law for the time being in force by reason of his having been convicted of an offence connected with the election of members of Parliament.