New South Wales Consolidated Acts

SUPERANNUATION ACT 1916 - SECT 23B

23B Date of retirement, contributions payable etc

(1) For the purpose of determining the rights of an employee under this Act, the date of the employee’s retirement shall be the date on which in the opinion of STC the employee ceases to be employed by his or her employer.

(2) Except as provided by section 23BA, a person is not entitled to elect to contribute, or required to contribute, in respect of an additional unit or units of pension by reason of a salary increase not actually paid before the date of the person’s retirement, determined as provided by subsection (1), or the date of the person’s death, whichever first occurs.

(4) Notwithstanding anything contained in this Act, sections 28A and 29 excepted, or any other Act, pension shall be payable, in the case of the death of an employee from the day following the date of death of the employee, and in the case of the retirement of an employee the date of whose retirement is determined by STC in accordance with this section from the day following such date.