18Maximum benefits and special provisions relating to certain persons

18 Maximum benefits and special provisions relating to certain persons

18 Maximum benefits and special provisions relating to certain persons

(1) Where, but for this subsection, a person would be required or entitled to contribute to the Fund—

(a) (Repealed)

(b) for a lump sum benefit, excluding so much of his initial credit benefit, if any, as is a multiple of one hundred dollars, the contributions for which would exceed five per centum of the upper level of his wage group, he shall be required or entitled, as the case may be, to make contributions to the Fund for whichever of the following is the lesser—

(i) for a lump sum benefit, reduced by so much of his initial credit benefit, if any, as is a multiple of one hundred dollars, that would require contributions of five per centum of the upper level of his wage group, or

(ii) for his maximum benefit.

(2) Where a gratuity scheme officer or a Police Department appointee elects to pay and, on or before the date applicable to him under subsection (3) of section 12, there is paid to the Fund by him, or by the Board on his behalf under subsection (6) of section 51 an amount of twenty-six dollars or an amount which is a multiple of twenty-six dollars but not exceeding twenty-six dollars multiplied by the number of his completed years of service from the date of confirmation of his appointment to the date on or before which he is required to make an election under subsection (2) of section 12, that amount—

(a) shall be his initial credit, and

(b) shall not be taken into account for the purpose of calculating his contributions by reference to a percentage of the upper level of his wage group under subsection (1) or (3).

(3) A contributor, other than an employee, may, if he has completed ten years service—

(a) in the case of a contributor under section 11, at the date appointed under paragraph (b) of subsection (4) of section 13, or

(b) in the case of any other contributor, at the date on or before which he is required to make an election under subsection (2) of section 12,

elect—

(c) in the case of a contributor under section 11, on or before the date applicable to him under paragraph (b) of subsection (4) of section 13, and