Commonwealth Consolidated Regulations

[Index] [Table] [Search] [Search this Regulation] [Notes] [Noteup] [Previous] [Next] [Download] [Help]

DEFENCE FORCES RETIREMENT BENEFITS REGULATIONS - REG 21

Retiring ages and pensions for certain classes of members

(1)
For the purposes of the definition of retiring age for the rank held in subsection 4 (1) of the Act, the age for the compulsory retirement of a member is:

(a)
in the case of a member who is a member of a branch or service, or a member of the Permanent Forces whose name is included on a list, specified in column 1 of Schedule 3 and who holds a rank specified or referred to opposite to that branch, service or list in column 2 of that Schedule — the age specified opposite to that rank in column 3 of that Schedule;

(aa)
in the case of a member who is a chaplain of the Air Force, other than a chaplain who holds an appointment of Principal Air Chaplain:

(i)
if his length of service in the rank of chaplain will exceed 18 years upon his attaining the age of 55 years — 57 years; or
(ii)
if his length of service in that rank will not exceed 18 years upon his attaining the age of 55 years — 55 years; and
(b)
in the case of a member, not being a member referred to in a preceding paragraph of this subregulation — the age for compulsory retirement of a member of the rank, branch and group of the member as prescribed, at the date of his retirement:

(i)
in the case of the Navy — under section 17 of the Naval Defence Act 1910-1968 ;
(ii)
in the case of the Army — under section 27 of the Defence Act 1903-1966 ; and
(iii)
in the case of the Air Force — under section 9 of the Air Force Act 1923-1965 .
(2)
The pension or benefit payable to or in respect of a member of the Permanent Naval Forces who holds, on the date of commencement of this regulation, the rank of Chief Inspector in the Naval Ordinance Design and Inspection Branch and who continues to hold that rank in that branch until he ceases to be a member is the pension or benefit to which the member would have been entitled under the Act if he had held the rank of Captain (Special Rate) on ceasing to be a member.

DEFENCE FORCES RETIREMENT BENEFITS REGULATIONS
The Schedules

Schedule 2 Factors for commutation of pension under section 74

(regulation 15)

Table I Male Pensioners

Age next Birthday

Factor per $1 of Annual Pension
36

16.715
37

16.506
38

16.292
39

16.071
40

15.846
41

15.615
42

15.378
43

15.136
44

14.886
45

14.633
46

14.372
47

14.109
48

13.841
49

13.568
50

13.292
51

13.010
52

12.725
53

12.436
54

12.142
55

11.845
56

11.547
57

11.248

Table II Female Pensioners

Age next Birthday

Factor per $1 of Annual Pension
40

16.997
41

16.804
42

16.608
43

16.403
44

16.192
45

15.974
46

15.748
47

15.517
48

15.279
49

15.036
50

14.788
51

14.536
52

14.277
53

14.015
54

13.747
55

13.475
56

13.198
57

12.916


[
Index] [Table] [Search] [Search this Regulation] [Notes] [Noteup] [Previous] [Next] [Download] [Help]