Commonwealth Consolidated Acts

PARLIAMENTARY CONTRIBUTORY SUPERANNUATION ACT 1948 - SECT 22CF

             (1)  If:

                     (a)  the annual rate of associate immediate annuity that becomes payable to the non‑member spouse is less than the amount determined under the Orders; or

                     (b)  the annual rate of associate deferred annuity that becomes payable to the non‑member spouse is less than the amount determined under the Orders;

then the non‑member spouse may elect to commute the annuity.

             (2)  The election must be made in writing to the Secretary not later than 3 months after the annuity becomes payable.

             (3)  If the non‑member spouse makes the election, then the non‑member spouse is entitled instead to:

                     (a)  if paragraph (1)(a) applies--a lump sum equal to the transfer amount; or

                     (b)  if paragraph (1)(b) applies--a lump sum calculated under the Orders.