ADVOKS GLOBAL · KENYA
Asian Officers’ Family Pensions Act
15. Contributions to Fund from public moneys
Edition: 1971-06-04 · In force
15. Contributions to Fund from public moneys
(1)Upon the commencement of this section, there shall be paid to the Fund from moneys provided by Parliament to the credit of each member a sum equal to the total amounts which would have been paid to his credit if contributions had been made from such moneys at the rate of two and one-half per centum of his annual salary or pension for the time being from the commencement of this Act, plus three and one-half per centum interest compounded annually.(2)From and after the commencement of this section, there shall be paid to the Fund from moneys provided by Parliament to the credit of each member a contribution at the rate of two and one-half per centum of his annual salary or pension as the case may be:Provided that no contribution shall be paid from such moneys in the case of a member—(a)who is transferred from the service of the Government to other public service and the provisions of section 21 or section 22 of this Act apply;(b)whose contributions to the Fund have ceased under this Act.(3)Notwithstanding the provisions of subsection (2) of this section, where any person is, pursuant to paragraph (b) of the definition of “Asian officer” in section 2 of this Act, approved for membership of the Fund by the President and is permitted to pay arrears of contributions to the Fund, the contribution payable under subsection (2) of this section shall not be paid in respect of any period before such person was so approved for membership unless the President otherwise directs.(4)All contributions payable to the Fund from moneys provided by Parliament to the credit of any member under this section shall be paid on the last day of each calendar month, and shall accrue daily.