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SUPERANNUATION LEGISLATION (FURTHER
AMENDMENT) BILL 1993
NEW SOUTH WALES
EXPLANATORY NOTE
(This Explanatory Note relates to this Bill as introduced into Parliament)
The object of this Bill is to amend legislation relating to the public sector
superannuation schemes for the purpose of compliance with Commonwealth
occupational superannuation standards, to make administrative adjustments relating to
payment of employer contributions and to amend the legislation for other miscellaneous
purposes.
This Bill makes amendments to legislation relating to various public sector
superannuation schemes in relation to contributions by employers, payments of benefits
where beneficiaries are missing, benefits paid to spouses and children and various other
matters.
An explanation follows the amendments proposed for each of the Acts.
Clause 1 specifies the short title of the proposed Act.
Clause 2 provides for the commencement of the provisions of the proposed Act.
Clause 3 gives effect to Schedules 17 to the proposed Act which contain the
amendments referred to above.
Clause 4 makes it clear that the explanatory notes and other notes contained in the
proposed Act do not form part of the proposed Act.
SCHEDULE 1--AMENDMENT OF FIRST STATE SUPERANNUATION
ACT 1992 No. 100
This Schedule amends the First State Superannuation Act 1992 as set out in the
explanation following the amendments.
SCHEDULE 2--AMENDMENT OF POLICE REGULATION
(SUPERANNUATION) ACT 1906 No. 28
This Schedule amends the Police Regulation (Superannuation) Act 1904, as set out in
the explanation following the amendments.
SCHEDULE 3--AMENDMENT OF PUBLIC SECTOR EXECUTIVES
SUPERANNUATION ACT 1989 No. 106
This Schedule amends the Public Sector Executives Superannuation Act 1989 as set
out in the explanation following the amendments.
SCHEDULE 4--AMENDMENT OF STATE AUTHORITIES
NON-CONTRIBUTORY SUPERANNUATION ACT 1987 NO. 212
This Schedule amends the State Authorities Non-contributory superannuation Act
1987 as set out in the explanation following the amendments.
SCHEDULE 5--AMENDMENT OF STATE AUTHORITIES
SUPERANNUATION ACT 1987 No. 211
This Schedule amends the State Authorities Superannuation Act 1987 as set out in
the explanation following the amendments.
SCHEDULE 6--AMENDMENT OF SUPERANNUATION ACT 1916 No. 28
This Schedule amends the Superannuation Act 1916 as set out in the explanation
following the amendments.
SCHEDULE 7--AMENDMENT OF OTHER ACTS
This Schedule amends the following Acts as set out in the explanation following the
amendments:
Local Government and Other Authorities (Superannuation) Act 1927 No. 35
New South Wales Retirement Benefits Act 1972 No. 70
Parliamentary Contributory Superannuation Act 1971 No. 53
Police Association Employees (Superannuation) Act 1969 No 33
Public Authorities Superannuation Act 1985 No. 41
State Pubiic Service Superannuation Act 1985 No. 45
Superannuation Administration Act 1991 No. 96
Superannuation Legislation (Amendment) Act 1992 No. 35
Transport Employees Retirement Benefits Act 1967 No. 96