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Employment Act 1955 (2012 revision), Page 13

PART XIIA - TERMINATION, LAY-OFF, AND RETIREMENT BENEFITS

Termination, lay-off and retirement benefits

60J. (1) The Minister may, by regulations made under this Act, provide for the entitlement of employees to, and for the payment by employers of—

(a) termination benefits;
(b) lay-off benefits;
(c) retirement benefits.

(2) Without prejudice to the generality of subsection (1), regulations made by virtue of subsection (1) may provide—

(a) for the definition of the expression 'termination benefits', 'lay-off benefits', or 'retirement benefits', as the case may be, and for the circumstances in which the same shall be payable;
(b) for the application thereof to employees who were in employment under a contract of service immediately before the commencement of such regulations and who continue in such employment after the commencement thereof;
(c) for the application thereof to all employees generally or to any particular class, category or description of employees;
(d) for the exclusion from the application thereof of any particular employee or employees, or any class, category or description of employees;
(e) for the payment of different rates or amounts of termination benefits, lay-off benefits, or retirement benefits, as the case may be, to different classes, categories or descriptions of employees.

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