Commonwealth Consolidated Acts

DEFENCE FORCES RETIREMENT BENEFITS ACT 1948 - SECT 41

             (1)  This section applies to a member, not being an officer, who:

                     (a)  is a contributor;

                     (b)  has completed 20 years' service for pension; and

                     (c)  is not entitled to invalidity benefit.

             (2)  A member to whom this section applies is entitled to a pension on his retirement after completion of his engagement or, if he has had successive and continuous engagements, after completion of the last of those engagements.

             (3)  Subject to this Act, the rate at which pension is payable to a member under this section is an amount per annum ascertained by multiplying the amount of $91 by the number that is his category number on the date of his retirement and, except where he has completed 40 years' service for pension, multiplying the result by the factor set out in the third column of the Second Schedule opposite to the number of years set out in the second column of that Schedule that is the number of years of service for pension completed by him.

             (4)  This section does not apply to a person who retires on or after 1 October 1972.