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SUPERANNUATION LEGISLATION AMENDMENT ACT 1991 No. 130, 1991 - SECT 48
Deferred benefits
48. Section 136 of the Principal Act is amended:
(a) by inserting after paragraph (2) (e) the following paragraph:
"(ea) if:
(i) a deferred benefit by way of invalidity pension is payable to the
person under section 67 or 70 but a deferred benefit by way of a lump
sum benefit is not so payable; and
(ii) productivity benefit became payable in respect of the person when he
or she ceased to be an eligible employee; the deferred benefit is to
include a lump sum benefit equal to the person's accumulated employer
contributions;";
(b) by inserting after paragraph (2B) (b) the following paragraph:
"(ba) if:
(i) a deferred benefit by way of spouse's pension is payable in respect of
the person under section 82 or 85 but a deferred benefit by way of a
lump sum benefit is not so payable; and
(ii) productivity benefit became payable in respect of the person when he
or she ceased to be an eligible employee; the deferred benefit is to
include a lump sum benefit equal to the person's accumulated employer
contributions;";
(c) by inserting after paragraph (2B) (r) the following paragraph:
"(ra) if:
(i) a deferred benefit by way of orphan pension is payable in respect of
the person under section 98 or 100 but a deferred benefit by way of a
lump sum benefit is not so payable; and
(ii) productivity benefit became payable in respect of the person when he
or she ceased to be an eligible employee; the deferred benefit is to
include a lump sum benefit equal to the person's accumulated employer
contributions;".
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