New South Wales Consolidated Acts

STATE AUTHORITIES NON-CONTRIBUTORY SUPERANNUATION ACT 1987 - SECT 21

21 Definitions

(1) In this Part:
"final average salary", in relation to an employee, means the average of the attributed salaries paid or payable to the employee at the rates applicable:

(a) on the employee’s exit date,

(b) on 31 December (or such other date as STC may determine) last preceding the employee’s exit date, and

(c) on 31 December (or such other date as STC may determine) last preceding the date referred to in paragraph (b).

"final salary", in relation to an employee, means the rate of attributed salary paid or payable to the employee on the employee’s exit date.

(2) Different dates may be determined by STC for the purposes of the definition of "final average salary" in subsection (1), so as to apply differently according to different classes of employees.