New South Wales Consolidated Acts

STATE AUTHORITIES NON-CONTRIBUTORY SUPERANNUATION ACT 1987 - SECT 23A

23A Benefit on attaining 65

(1) A person who attains 65 years of age may elect to be paid the basic benefit and any Commonwealth co-contribution benefit to which the person would be entitled on retirement at that age or may elect to preserve the whole of those benefits.

(4) If an amount is preserved under this section, it is payable in the same way as a benefit under section 24.

(5) A person to whom this section applies is not entitled to any other benefit under this Act in respect of the same period of service, or to be paid or preserve a benefit under this section more than once.