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LOCAL GOVERNMENT AND OTHER AUTHORITIES (SUPERANNUATION) ACT 1927 - SECT 15O
Council’s liability for contributors not referred to in sec 15N
15O Council’s liability for contributors not referred to in sec 15N
(1) In respect of every permanent servant of a council who on the first day of
any superannuation year is a contributor, that council shall be liable to pay
to the board an amount equal to eight and three-quarter per centum of the
salary that: (a) if he was a contributor employed by that council on the
thirty-first day of December next preceding that first day would, if he were
to continue to receive salary at the rate payable to him by that council on
that thirty-first day of December, or
(b) if he was not a contributor
employed by that council on the thirty-first day of December next preceding
that first day would, if he were to continue to receive salary at the rate
payable to him by that council on the day on which he became a contributor,
be
payable to him in respect of that superannuation year or, if during that
superannuation year he would attain the age of sixty-five years, in respect of
the period commencing on the first day of that superannuation year and ending
on the day on which he would attain that age.
(3) This section has effect
subject to section 15OA.
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