Inclusion of Insurance Scheme expands section references to cover insurance alongside family pension under provident fund law The Act amends the provision governing pension arrangements by inserting an Insurance Scheme into subsection references: the first subsection is revised to refer to the Family Pension Scheme and the Insurance Scheme, and the second subsection replaces each occurrence of 'Scheme' with 'Scheme or the Insurance Scheme,' aligning treatment of the Insurance Scheme with existing schemes under the provision.
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Inclusion of Insurance Scheme expands section references to cover insurance alongside family pension under provident fund law
The Act amends the provision governing pension arrangements by inserting an Insurance Scheme into subsection references: the first subsection is revised to refer to the Family Pension Scheme and the Insurance Scheme, and the second subsection replaces each occurrence of "Scheme" with "Scheme or the Insurance Scheme," aligning treatment of the Insurance Scheme with existing schemes under the provision.
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