8.—(1) Where the moneys in the Pension Fund are insufficient to pay any pension, gratuity, allowance, compensation or other like benefit at the time when the payment becomes due, the deficiency is charged on and payable out of the Consolidated Fund.
(2) Subsection (1) applies only to any pension, gratuity, allowance, compensation or other like benefit in respect of persons who have been in the public service in Singapore which —(a)
prior to 1 April 1995, was charged on the Consolidated Fund; or
(b)
is provided for under any written law enacted on or after 1 April 1995.
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