New South Wales Consolidated Acts
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TRANSPORT EMPLOYEES RETIREMENT BENEFITS ACT 1967 - SECT 60A
Suspension of part of pension in certain circumstances
60A Suspension of part of pension in certain circumstances
(1) Notwithstanding anything in this Act, where a person entitled to receive a
pension under section 23 (including any increase payable under Part 3A) would,
in the opinion of the Board, thereby be prejudicially affected in respect of
any benefits otherwise receivable by that person, the amount of pension
payable shall be such lesser amount than that provided for under this Act as
the Board from time to time determines.
(2) Where the Board, under subsection
(1), reduces the amount of an increase payable under Part 3A, the amount of
the increase as determined by the Board shall be payable in respect of such
periods or at such times by way of lump sum or otherwise as the Board from
time to time determines.
(3) A part of a pension that is not paid because of
the Board’s determination under subsection (1) shall, in calculating a
pension payable to a person by virtue of her being a widow of a pensioner, be
taken into account as if it had been payable.
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