Section 28: Retirement benefits.

(1) This section applies to an employee who is receiving periodic payments under section 21 or 22 of this Act.
(2) Act No. 2, 2004.
A periodic payment under this Act shall not prejudice the beneficiary receiving any entitlement under the pension Reform Act.
(3) The Board shall set aside, at the time a periodic payment is made to an employee, an amount that-
(a) Act No. 2, 2004.
is equal to 7.5 per cent of the periodic payment, or an amount set by the Pension Reform Act; and
(b) is in addition to the periodic payment.
(4) Act No. 2, 2004.
Subject to the Pension Reform Act, an employee may apply to the Board to contribute to the amount set aside not less than 1 per cent and not greater than 7.5 percent of each subsequent periodic payment made to the employee.
(5) Act No. 2, 2004.
Subject to sub-section (6) of this section, if the employee makes an application under sub-section (4) of this section, the board shall, deduct the amount to the employee and from subsequent periodic payment made to the employee and remit this contribution along with the amount set aside under sub-section (2) of this section to the retirement savings account of the employee pursuant to the Pension Reform Act.
(6) The deductions made by the board under sub-section (5) of this section may not be varied, except in response to an application by the employee to stop deductions or transfer the deductions into his or her retirement savings account.
(7) An employee may make the respective applications under sub-section (4) or sub-section (6) of this section only once.
(8) An application made under sub-section (4) or (6) of this section shall be made in a form prescribed by the Board.