New South Wales Consolidated Acts
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STATE PUBLIC SERVICE SUPERANNUATION ACT 1985 - SECT 22
Contribution rates and times
22 Contribution rates and times
(1) An employer shall pay to the Fund in accordance with subsection (2) an
amount equal to one-half of the amount of the contributions payable to the
Fund by contributors employed by the employer.
(2) The times at which
contributions under subsection (1) are payable, and the basis on which the
amount of each contribution is to be calculated, shall be as decided by the
Board.
(3) Where a benefit becomes payable to, or in relation to, a
contributor, the employer or employers, as the case may be, who employed the
contributor between entry date and exit date shall pay to the Fund within a
time notified by the Board so much of the employer-financed benefit payable
as, in the opinion of the Board, is not provided for by way of contributions
under subsection (1), the amount payable by each employer where there was more
than one employer being calculated as prescribed.
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