Special arrangements for subsidized schools turning into DSS schools
Version Date:
19/05/2000
(1) Where a subsidized school ceases to be a subsidized school and becomes a DSS school, a contributor employed in the subsidized school who commences employment in the DSS school as a teacher shall have the option of-
(a) having his account closed in accordance with rule 13 and receiving payment in accordance with rule 14; or
(b) continuing to contribute to the Fund under these rules for a maximum period of 5 years immediately after the school has become a DSS school.
(2) If the contributor has exercised the option under paragraph (1)(a), he is not entitled to contribute to the Fund when he is employed in the DSS school.