Department of Labour & Pensions
Cayman Islands Government
National Pensions (Amendment) Act 2020 - (Extension of Pension Holiday) Order, 2021
Published 25th June 2021, 10:45am
National Pensions (Amendment) Act, 2020
(Act 12 of 2020)
NATIONAL PENSIONS (AMENDMENT) ACT, 2020 (EXTENSION OF PENSION HOLIDAY) ORDER, 2021 (SL 46 of 2021)
In exercise of the powers conferred by section 1(3) and 2 of the National Pensions (Amendment) Act, 2020, the Cabinet makes the following Order —
Citation and commencement-
- (1) This Order may be cited as the National Pensions (Amendment) Act, 2020
(Extension of Pension Holiday) Order, 2021. - (2) This Order comes into force on 1st July, 2021.
- (1) This Order may be cited as the National Pensions (Amendment) Act, 2020
Extension of duration of the National Pensions (Amendment) Act, 2020
- Sections 1, 2, 4 and 6 of the National Pensions (Amendment) Act, 2020 expire on 31st December, 2021.
Extension of duration of Part 1A of the National Pensions (Amendment) Act, 2020 - suspension of pension contributions
- The pension holiday period under section 5A of the National Pensions Act (2012 Revision), as amended by section 2 of the National Pensions (Amendment) Act, 2020, expires on 31st December, 2021.
Made in Cabinet the 17th day of June, 2021.
Kim Bullings
Clerk of the Cabinet
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