—(1) There shall be established a fund to be called the Pension Fund into which shall be paid all moneys specified under section 4.
(2) The Minister shall be responsible for the administration of the Pension Fund.
(3) The Pension Fund shall be deemed to be a Government fund for the purposes of any other written law.
—(1) There shall be paid into the Pension Fund —
such sums appropriated from the Consolidated Fund and authorised to be paid into the Pension Fund by any written law to enable the Pension Fund to meet the liabilities of the Pension Fund;
all revenues of Singapore allocated by written law to the Pension Fund; and
the net income from investments of moneys in the Pension Fund authorised to be made by this Act or any other written law.
(2) For the purposes of subsection (1)(c), the net income from investments shall be the amount ascertained by adding to, or deducting from, the income received from investments of moneys in the Pension Fund any profit derived or loss sustained, as the case may be, from the realisation of such investments.
5. All moneys belonging to the Pension Fund may be deposited in a bank and may be invested in any investment authorised under section 7 of the Financial Procedure Act (Cap. 109).