Read the full judgment text of DCCJ 004016/2006 on BabelCite. This District Court judgment was delivered on 21 December 2007.
1. The 1 st and the 2 nd Plaintiffs (“the Plaintiffs”) were and are the employees of the Defendant. At all material times, they were covered by a provident fund plan. Under that plan, their retirement benefits could be worked out by simply factoring in their last salary, years of service, and a pre-set multiplier. Some years later, the Defendant invited employees of their category to join a new plan. The Plaintiffs complained that the new plan could not give a pre-determinable fund as it was