4.
(1) Notwithstanding anything in this Act, any person who became a member of the armed forces on or before July 31, 1983, and who continued to serve as such member after that date, and who has subsequently retired, may, before the prescribed date, elect to be a contributor to the pension scheme : |
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(2) Any person who elects to become a contributor under this section, or in the case of persons who are deemed to have elected to become contributors to the pension scheme under this section, the person administering the estate of such deceased person, shall pay to the pension scheme all arrears of contributions for the period commencing from August 1, 1983, until the date of election, retirement or death, as the case may be, with interest thereon at four per centum per annum. |
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(3) An election made under the provisions of subsection (1) shall be final. |
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