Northern Territory Consolidated Acts Northern Territory Consolidated Acts(1) Subject to sections 6 and 7, there is payable to a person who became the Administrator at any time after the commencement of the Administrators Pensions Amendment Act 1999 and who:
(a) held that office for a period of not less than 5 years – an annual pension for life equal to 60% of the annual basic salary payable to him or her immediately before he or she ceased to hold that office;
(b) held that office for a period of less than 5 years:
(i) if the Commissioner within the meaning of the Public Sector Employment and Management Act is satisfied that his or her ceasing to hold the office arose from a mental or physical incapacity to perform the duties of that office; or
(ii) if he or she ceased to hold that office for reasons other than voluntary retirement or the expiration of the period of his or her appointment,
an annual pension for life equal to 60% of the annual basic salary payable to him or her immediately before he or she ceased to hold that office; or
(c) held that office for a period of
less than 5 years due to voluntary retirement or the expiration of the period
of his or her appointment – an annual pension for life equal to A% of
the annual basic salary payable to him or her immediately before he or she
ceased to hold that office, where:
( years served as Administrator )
A% = 60% x ( 5 ),
and with a part year being taken into account as a fraction of a whole year calculated on the basis of days.
(2) Despite subsection (1) but subject to sections 6 and 7, the Treasurer may, before the appointment of an Administrator, determine that the annual pension for life payable under this Act to that Administrator, if he or she becomes eligible for the pension under this Act, is to be, in the place of the amount of pension he or she would have been entitled to receive under subsection (1) if the direction were not made, an amount per annum specified in the direction.
(3) If the Treasurer makes a determination under subsection (2), he or she must table a copy of the direction in the Legislative Assembly within 3 sitting days of the Legislative Assembly after the day on which the direction was given.