New South Wales Consolidated Acts

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STATE PUBLIC SERVICE SUPERANNUATION ACT 1985 - SECT 10

Adjustment of accounts and reserves for interest etc

10 Adjustment of accounts and reserves for interest etc

(1) The Board shall, from time to time, adjust each of the accounts and reserves established under this Part at a rate fixed by the Board, having regard to the income of the Fund and such other matters as the Board considers relevant.
(2) The Board may, for the purpose of adjusting a contributor’s account before paying out the balance at credit in the account, fix a rate for that purpose only.



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