Queensland Consolidated Regulations
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SUPERANNUATION (STATE PUBLIC SECTOR) DEED 1990
TABLE OF PROVISIONS
Contents
CHAPTER 1--GENERAL
Part 1--Preliminary
1. Short title
2. Name of scheme
3. Commencement
4. Definitions
5. Meaning of member
5A. Meaning of child
6. Single unit of the State public sector
7. Law to apply
8. Application of deed to categories of members
9. References to period of membership etc. for members transferring from discontinued schemes
10. References to matters relating to other persons with entitlements under discontinued schemes
Part 2--Board of trustees
12. Functions and duties of board
13. Powers and authorities
14. Discretionary power of the board
Part 3--The fund
15. Income and expenditure
16. Investment
17. Investment manager's obligations
18. Appointment of actuary
19. Actuarial reports
19A. Obligations if the fund is terminated
Part 4--Membership
20. Determinations by board
21. Cessation
22. Membership categories
22A. Initial membership category for new member
Part 4A--Transfers between membership categories
Division 1--General
23. Definitions for pt 4A
23A. Eligibility to transfer
23B. Election to transfer
Division 2--Transfer restrictions and effects of transfer
23C. Accumulation categories
23E. Closed defined benefit categories
23F. Transfer amounts
23FA. Transfer amounts for certain members
23G. Transitional—transfer from defined benefit to accumulation category
Part 5--Medical and other evidence
24. Persons to give information
25. Medical examinations
Part 6--Transfers in or out of the scheme
26. Transfers in
27. Transfers out
Part 6A--Superannuation guarantee shortfall
27A. Additional contributions to be made by employer for certain members
Part 6B--Contributions paid by the Treasurer
27H. Contributions paid by the Treasurer—Act, s 29
Part 7--Miscellaneous
28. Information to members
29. Rounding of monetary amounts
Part 7A--Particular agreements and court orders under Family Law Act 1975 (Cwlth)
29A. Definitions for pt 7A
29B. Calculating member's entitlement
29C. Dealing with agreement or court order
29D. How transfer amount is dealt with
29DA. Agreement or court order for pension being paid to a member
29E. Effect of agreement or court order on particular benefit
29F. Agreement or court order does not affect particular members' benefits
29G. Board may charge reasonable fee
Part 7B--Transition to retirement pension
29H. Definitions for pt 7B
29I. Eligibility to start a transition to retirement income stream
29J. Election to start a transition to retirement income stream
29JA. Transfer of certain members to transition to retirement income streams
29K. Membership of category continues
29L. Start of a transition to retirement pension
29M. Cancelling a transition to retirement pension
Part 7C--Amounts claimed under the Bankruptcy Act 1966 (Cwlth)
29N. Benefits affected by a freezing notice
29O. Amounts deducted under the Bankruptcy Act 1966 (Cwlth)
Part 8--Disputes
30. Appeals
Part 9--Transitional
30A. Meaning of commencement day
30B. Membership categories
30C. Continuation of accounts
30D. Application for payment on compassionate or severe financial hardship ground
CHAPTER 2--STANDARD DEFINED BENEFIT CATEGORY
Part 1--Preliminary
31. Application
32. Definitions for ch 2
33. Commencement of membership
34. Continuity of membership when changing employers
Part 2--Member contributions
35. Member compulsory contributions
36. Average rate in excess of the standard compulsory rate
37. Contributions in excess of the maximum rate
38. Voluntary contributions and eligible spouse contributions
39. Compulsory contributions after benefit determined
40. Authority to deduct contributions
Part 3--Acceptance of contributions
42. Acceptance of contributions—member aged at least 65
Part 4--Benefits
43. Benefit on age retirement
44. Member's compulsory contribution benefit
45. Member's basic benefit
46. Benefit on total and permanent disablement
47. Member's prospective membership benefit
48. Benefit on death
48A. Higher benefit for death or total and permanent disablement—certain members
49. Benefit on permanent and partial disablement
50. Income protection benefit
51. Benefit on involuntary termination or early retirement
52. Benefits on withdrawal
53. Indexation of pensions
54. Contributory membership of persons who again become employed members
55. Benefit on employed member turning 65
55AA. Benefit on employed member aged at least 65
55A. Preserved amount
Part 5--Crown contributions
56. Payments from the fund
57. Crown contributions
58. Crown contributions for temporary disablement
Part 7--Miscellaneous
64. Salary reduction
65. Voluntary insurance
66. Members in part-time employment
66A. Transitional—reassessment of pensions for financial year starting 1 July 1999
66B. Transitional—contributory membership of persons who again become employed members
66C. Minimum benefit payable
CHAPTER 3--ACCUMULATION CATEGORIES
Part 1--Preliminary
67. Application
68. Definitions for ch 3
Part 2--Acceptance of contributions
70. Acceptance of contributions—member aged at least 65
70A. Acceptance of contributions for certain members
Part 3--Membership and contributions
Division 1--Membership
71. When membership starts
Division 1A--Employee compulsory contributions
71A. Compulsory contributions by members in comprehensive accumulation or QAS accumulation category
71B. Deduction of compulsory contributions from salary
Division 2--Employer contributions
72. Payment of contributions
73. Contributions while member is on workers' compensation
74. Discretionary contributions
75. Method of payment
Division 3--Personal and eligible spouse contributions
76. Acceptance of personal and eligible spouse contributions
Division 3A Spouse contributions--splitting amounts
76A. Definitions for div 3A
76B. Meaning of spouse
76C. Meaning of splittable contribution
76D. Application of div 3A
76E. Maximum amount for splittable contributions
76F. Application to transfer an amount into spouse's accumulation account
76G. Decision on application
Division 4--Member's accumulation account
77. Member's accumulation account
78. Crediting of earnings
Part 4--Benefits and payments
Division 1--Benefits
79. Time for payment of benefits
80. Persons entitled to payment of benefits
81. Application to be made for benefits
81A. Application for benefit by particular members
82. Transfer of benefits
82A. Preserved amount
Division 2--Death and disablement insurance
Subdivision 1--Insurance against death or total and permanent disablement
83. Definitions
84. Provision of insurance
85. Admission of other members
86. Insurance terms
87. Premiums
Subdivision 2--Income protection insurance
88. Provision of insurance
Subdivision 3--Members ineligible for insurance
89. Ineligible members
Division 3--Withdrawals from accumulation account
89B. Compulsory withdrawals on death
89BA. Withdrawals on release authority
Part 4A--Access on compassionate and severe financial hardship grounds
Division 1--Preliminary
89C. Definitions for pt 4A
Division 2--Access on compassionate grounds
89D. Access to accessible amount on compassionate grounds
Division 3--Access on ground of severe financial hardship
89I. Application for access
89J. Access to accessible amount on severe financial hardship ground
89K. Limitations on access
Part 4AA--Tax file number
89KA. Definitions for pt 4AA
89KB. Tax file number not given to board within 30 days
89KC. Tax file number not given to board within 6 months
89KD. Tax file number given to board after member transferred
Part 4B--QAS accumulation category
89KE. Payments from provident fund
Part 5--Miscellaneous provisions
89L. Purchase of pension from fund
89M. Purchase of annuity
90. Preservation and portability on ceasing to be an employed member
91. Preservation and portability while member
91A. Transitional—interest credited to employed members
CHAPTER 4--STATE 58 CATEGORY
Part 1--Preliminary
92. Definitions for ch 4
92A. Meaning of widow for ch 4—before discrimination law commencement
92B. Meaning of widow for ch 4—from discrimination law commencement
Part 2--Contributions
Division 1--Contributions by officers
93. Commencement of contributions
Division 2--Scale of units
94. Salary for the purposes of this division
95. Scale of units of annuity, incapacity, and, in the case of male officers, assurance benefits
96. When officer may voluntarily increase contribution
97. Power of board to exempt etc. from contributing
98. Officer reduced in salary
99. Units of benefits to be contributed for in equal numbers
100. Period for which contributions are to continue
101. Refund of excess contributions
Division 3--Scale of contributions by officers
102. Contributions according to scale graduated by age at commencement
Division 4--Reserve units of benefits
103. Contribution for reserve units
104. When reserve units become ordinary units of benefits
105. Contributor may discontinue contribution for reserve units
106. Benefits payable on reserve units
107. Payment of lump sum on ceasing to contribute
Division 5--Payments by the Crown
108. Amount of contribution by the Crown
Part 3--Benefits and payments
Division 1--Benefits transferred to accumulation account
109. Accumulation account
Division 2--Annuity benefit
110. When entitlement to annuity benefit accrues
111. Units of annuity benefit
Division 3--Incapacity benefit
112. When entitlement to incapacity benefit accrues
113. Units of incapacity benefit
114. Application to commute incapacity benefit
Division 4--Assurance benefit
115. Entitlement to assurance benefit
116. Units of assurance benefit
117. Extent of assurance benefit
118. Widow's right to substitute pension for assurance benefit
119. Entitlement of widow of person on staff of agent-general
Division 5--Additional assurance benefit for children
120. Children entitled to additional assurance benefit
121. Amount of additional assurance benefit
Division 6--Surrender values and refunds of contributions for annuity and assurance benefits
122. Endowment payment in lieu of units of assurance benefit
123. Refunds of annuity benefit contributions
124. Refunds of incapacity benefit contributions
125. Refund of assurance benefit contributions
Division 7--Commutation of annuity benefit
126. Application to commute
127. Persons not entitled to commute
128. Ascertainment of lump sum payable
Division 8--General provisions respecting benefits
129. Right to prepay contributions
130. Benefits payable for life except in case of children
131. Payment to person other than the beneficiary
132. Commencement of benefits
133. Indexation of pensions—general
133A. Indexation of pensions—part of a year
134. Adjustment of pension where entitlement follows a former entitlement
135. Variation of entitlement to adjustment
136. Entitlement to receive incapacity benefit
137. Enlargement of benefits to level of benefits under ch 5
138. Proof of continued incapacity
139. Incapacity beneficiary restored to health may be recalled to service
140. Contribution by retired incapacity beneficiaries upon re-employment
141. Postponement of payment of refunds
Part 4--Transitional provisions
Division 1--Interpretation
142. Conversion value of units of annuity benefit and incapacity allowance under the repealed Act
143. Application of pt 4
Division 2--Contributions for annuity benefit by officers
144. Officer to make equivalent contribution for annuity benefits
Division 3--Contributions for incapacity benefit by officers
145. Officer to make equivalent contribution for incapacity benefit
Division 4--Amounts respectively of annuity benefits and incapacity benefits
146. Annuity benefit
147. Incapacity benefit
Division 5--Other benefits under the repealed Act
148. Contribution for assurance benefit under the repealed Act
Division 6--Medical certificates
149. When evidence of good health required
Division 7--Payments by the Crown
150. When Crown to make payments
Division 8--Commutation of benefits
151. Benefits which may be commuted
152. Conversion of assurance benefit payable at death
153. Limit of commutation or variation of benefits
Part 5--Voluntary contribution for annuity benefit
154. Application of this part
155. Voluntary contribution for annuity benefit or further annuity benefit
156. Annuity to widow
157. When limited contributor may become full contributor
Part 6--Miscellaneous
158. When officer may continue to contribute after resignation
160. Entitlement to superannuation benefits on voluntary resignation at or after age 60
161. Benefits upon retirement before age 60
162. Benefits upon retrenchment, involuntary termination etc.
163. Question as to incapacity etc. determined by board on medical practitioner's report
164. Requirements as respects medical examinations
164A. Transitional—reassessment of pensions for financial year starting 1 July 1999
CHAPTER 5--STATE 72 CATEGORY
Part 1--Preliminary
165. Interpretation
165AA. Meaning of relict for ch 5—before discrimination law commencement
165AB. Meaning of relict for ch 5—from discrimination law commencement
165A. Preserved amount
166. Ascertainment of certain final average salaries
Part 2--Contributions
167. Obligation of officers to contribute to the fund
168. Commencement and cessation of contributions
169. Time and manner of paying contributions
170. Suspension of contribution
171. Rates of contribution
172. Provision for female contributors to contribute for benefits under pt 4, divs 2 and 3
173. Further provisions re contributions
174. When officer may continue to contribute after resignation
Part 3--Benefits and payments
Division 1--Benefits transferred to accumulation account
175. Accumulation account
Division 2--Contributors' pensions and other benefits
176. Calculation of service
177. Rights of contributors for category A benefits
178. Rights of continuing contributors for category A benefits
179. Rights of contributors for category B benefits
180. Rights of continuing contributors who are contributors for category B benefits
181. Benefits upon retirement before age 60
182. Benefits upon retrenchment, involuntary termination etc.
183. Construction of pension benefit formula in certain cases and transfer of funds
Division 3--Benefits upon contributor's death
184A. Meaning of spouse for div 3
185. Entitlement to benefit
186. Relicts' right to substitute pension for entitlement
187. Entitlement of relict of person on staff of Agent-General for Queensland
Division 4--Children's pensions
187A. Meaning of spouse for div 4
188. Child's pension—when payable
189. Commencement and cessation of children's pensions
190. Persons to whom a child's pension is payable
Division 5--Refund of contributions
191. Refund of contributions
Division 6--Adjustment of pensions
192. Indexation of pensions—general
192A. Indexation of pensions—part of a year
193. Variation of entitlement to adjustment
Division 7--General provisions as to pensions
194. Duration of pensions
195. Time and manner of payment of pensions
196. Payment to person other than the beneficiary
197. Commencement of benefits
198. Provision for incapacity entitlement of contributor reduced in salary by redeployment
199. Entitlement to receive incapacity pension
200. Proof of continued incapacity
201. Failure of incapacity pensioner restored to health to resume employment affects entitlement
202. Incapacity pension may be suspended
203. Contribution by retired incapacity pensioners upon re-employment
204. Right to prepay contributions
Division 8--Conversion of pension entitlement into a lump sum payment
205. Right of contributor to convert pension into a lump sum
206. Endowment benefit in lieu of relict's pension
Part 4--Financial provisions
207. Contributions to the fund by the State and by State authorities
Part 5--Miscellaneous
209. Medical examinations
210. Conversion from category B to category A benefits in certain cases
211. Rectification of contributor's status falsely induced
212. Calculation of benefits based on contributions of officers
213. No interest on certain payments
213A. Transitional—reassessment of pensions for financial year starting 1 July 1999
Part 6--Application of chapter 4
214. Application of chapter 4
CHAPTER 6--POLICE 68 CATEGORY
Part 1--Preliminary
215. Interpretation
215A. Meaning of widow of certain persons for pts 2 and 3
Part 2--Contributions
Division 1--Contributions by members of the police force
216. Commencement of contributions
Division 2--Scale of units
217. Salary for the purposes of this division
218. Scale of units of annuity, incapacity and assurance benefits
219. When member of police force may voluntarily increase contribution
220. Power to board to exempt etc. from contributing
221. Member reduced in salary
222. Units of benefits to be contributed for in equal numbers
223. Period for which contributions are to continue
224. Refund of excess contributions
Division 3--Scale of contributions by members of the police force
225. Contributions according to scale graduated by age at commencement
226. Reduction in contributors' contribution in 1988
Division 4--Reserve units of benefits
227. Contribution for reserve units
228. When reserve units become ordinary units of benefits
229. Contributor may discontinue contribution for reserve units
230. Benefits payable on reserve units
231. Payment of lump sum on ceasing to contribute
Division 5--Payments by the Crown
232. Amount of contribution by the Crown
Part 3--Benefits and payments
Division 1--Benefits transferred to accumulation account
233. Accumulation account
Division 2--Annuity benefit
234. When entitlement to annuity benefit accrues
235. Units of annuity benefit
Division 3--Incapacity benefit
236. When entitlement to incapacity benefit accrues
237. Units of incapacity benefit
238. Application to commute incapacity benefits
Division 4--Assurance benefit
239. Entitlement to assurance benefit
240. Units of assurance benefit
241. Extent of assurance benefit
242. Widow's right to substitute pension for assurance benefit
Division 5--Additional assurance benefit for children
242A. Meaning of spouse for div 5
243. Children entitled to additional assurance benefit
244. Amount of additional assurance benefit
Division 6--Surrender values and refunds of contributions for annuity and assurance benefits
245. Endowment payment in lieu of units of assurance benefit
246. Refunds of annuity benefit contributions
247. Refunds of incapacity benefit contributions
248. Refund of assurance benefit contributions
Division 7--Commutation of annuity benefit
249. Application to commute
250. Persons not entitled to commute
251. Ascertainment of lump sum payable
Division 8--General provisions respecting benefits
252. Right to prepay contributions
253. Benefits payable for life except in case of children
254. Payment to person other than the beneficiary
255. Commencement of benefits
256. Indexation of pensions—general
256A. Indexation of pensions—part of a year
257. Adjustment of benefits where entitlement follows a former entitlement
258. Variation of entitlement to adjustment
259. Proof of continued incapacity
260. Incapacity beneficiary restored to health may be recalled to service
261. Contribution by retired incapacity beneficiaries upon re-employment
262. Postponement of payment of refunds
Part 4--Transitional provisions
Division 1--Interpretation
263. Application of pt 4
Division 2--Contributions for units of benefits by members of the police force
264. Contributions for benefits by members of the police force
265. Refund of contributions made under repealed provisions
Division 3--Persons in receipt of superannuation allowances etc. under the repealed provisions
266. Superannuation allowance
267. Widows' pensions
268. Children's pensions
269. Pension to widow or child for ex-member dying after 1968 Act commenced
270. Savings
271. Indexation of benefit payments—general
271A. Indexation of benefit payments—part of a year
272. Variation of entitlement to adjustment
273. Incapacity beneficiaries when deemed on leave
274. Incapacity beneficiaries re-employed as members of the police force
Division 4--Medical certificates
275. When evidence of good health required
Part 5--Miscellaneous
276. Limit of commutation or variation of benefits
278. Question as to incapacity etc. determined by board on medical practitioner's report
279. Returns
279A. Transitional—reassessment of benefit payments for financial year starting 1 July 1999
CHAPTER 7--POLICE 74 CATEGORY
Part 1--Preliminary
280. Interpretation
280AA. Meaning of child for ch 7—before discrimination law commencement
280AC. Meaning of relict for ch 7—before discrimination law commencement
280AD. Meaning of relict for ch 7—from discrimination law commencement
280A. Preserved amount
281. Ascertainment of certain final average salaries
Part 2--Contributions
282. Obligation of members to contribute to the fund and consolidated fund
283. Commencement and cessation of contributions
284. Time and manner of paying contributions
285. Rates of contribution
286. Provision for female contributors to contribute for benefits under pt 4, divs 2 and 3 of the 1974 Act
287. Further provisions re contributions
Part 3--Benefits and payments
Division 1--Benefits transferred to accumulation account
288. Accumulation account
Division 2--Contributors' pensions and other benefits
289. Calculation of service
290. Rights of contributors
291. Rights of continuing contributors
292. Construction of pension benefit formula in certain cases and transfer of funds
Division 3--Benefits upon contributor's death
293A. Meaning of spouse for div 3
294. Entitlement to benefit
295. Relicts' right to substitute pension for entitlement
Division 4--Children's pensions
295A. Meaning of spouse for div 4
296. Child's pension—when payable
297. Commencement and cessation of children's pensions
298. Persons to whom a child's pension is payable
Division 5--Refund of contributions
299. Refund of contributions
Division 6--Adjustment of pensions
300. Indexation of pensions—general
300A. Indexation of pensions—part of a year
301. Variation of entitlement to adjustment
Division 7--General provisions as to pensions
302. Duration of pensions
303. Time and manner of payment of pensions
304. Payment to person other than the beneficiary
305. Excess payments
306. Commencement of benefits
307. Proof of continued incapacity
308. Incapacity pensioner restored to health may be recalled to service
309. Incapacity pension may be suspended during employment
310. Contribution by retired incapacity pensioners upon re-employment
311. Right to prepay contributions
Division 8--Conversion of pension entitlement into a lump sum payment
312. Right of contributor to convert the contributor's pension into a lump sum
313. Endowment benefit in lieu of relict's pension
Part 4--Financial provisions
314. Amount of contribution by the Crown
Part 5--Miscellaneous
316. Medical examinations
317. Calculation of benefits based on contributions of members
318. No interest on certain payments
Part 6--Savings and transitional
319. Application of ch 6
319A. Transitional—reassessment of pensions for financial year starting 1 July 1999
CHAPTER 8--FIRE CATEGORY
320. Application
321. Definitions for ch 8
331. Members with defined benefits or receiving partial incapacity benefits
CHAPTER 9--PARLIAMENT 70 CATEGORY
Part 1--Preliminary
332. Application
333. Definitions
334. Meaning of ceasing to be a member
335. Meaning of widow
Part 2--Contributions, benefits and payments
336. Deductions from salaries of members
337. Voluntary contributions and eligible spouse contributions
338. Contribution by Crown
339. Election to be treated as new member
340. Members' superannuation benefit
341. Benefits payable to a person who ceases to be a member, and ceases to be entitled to a salary, on or after the person's 70th birthday
342. Right to convert entitlement to lump sum entitlement
343. Preserved amount—lump sum entitlement
344. Benefits payable on retirement on ground of ill health
345. Right to convert s 344 entitlement to lump sum entitlement
346. Benefit of widows of members other than continuing members
347. Benefits payable to a widow of a new member who died on or after the new member's 70th birthday
348. Widow's right to substitute pension for entitlement
349. Pension for widow of continuing member
350. Payments to children
351. Endowment benefit to new members who were continuing members
352. Pension entitlement reduced if the member has previously converted pension entitlement
353. Death benefit reduced if pension converted
354. Reduction of pension in certain cases
355. When particular pension entitlement ends
356. Increase in rates of pensions etc.
357. Competing claims for widow's entitlement
358. Indexation of pensions
359. Superannuation contributions surcharge
360. Election to take part of pension as a lump sum to meet surcharge liability
Part 3--Agreements and court orders under Family Law Act
361. Definitions for pt 3
362. Providing information
363. Agreement or court order for member with less than 8 years service at the operative time
364. Agreement or court order for member with at least 8 years service at the operative time
365. Agreement or court order for member with at least 8 years service after the operative time
366. Effect of agreement or court order on particular benefits
367. Agreement or court order—pensions
368. Effect of agreement or court order on other benefits
369. Trustees to inform entitled former spouse
370. Trustees may charge reasonable fee
Part 4--Transitional provisions
Division 1--Provisions for Act before commencement of Superannuation and Other Legislation Amendment Act 2000
371. Definition for pt 4
372. Annuity payable or to become payable under repealed Acts
373. Annuity to widows and female dependents payable or to become payable under repealed provisions
374. Payments in respect of a child or children
375. Saving
376. Increase in rates of annuities etc.
377. Indexation of annuities
Division 2--Provisions for Superannuation and Other Legislation Amendment Act 2000
378. Remarriage of a widow of a member or former member
379. Remarriage of a widow of a former continuing member
380. Continued receipt of widow's pension
Division 3--Provision for Revenue Legislation Amendment Act 2005
381. Transitional provision about superannuation contributions surcharge
Part 5--Miscellaneous
382. Trustees may accept late election
383. Payment of pensions etc.
384. Payment of interest on lump sum
385. Pensions
386. Payment of lump sum
387. Transferring or withdrawing amounts
388. Reference to things done or entitlements under this chapter
CHAPTER 10--NON-PUBLIC SECTOR ACCUMULATION CATEGORY
Part 1--Preliminary
389. Application
390. Definitions for ch 10
Part 2--Membership and contributions
Division 1--Membership
391. When a person may become a member
Division 2--Acceptance of contributions
392. Acceptance of contributions—member at least 65 years
393. Acceptance of personal and eligible spouse contributions
394. Method of payment
Division 3--Non-public sector accumulation account
395. Member's non-public sector accumulation account
396. Crediting of earnings
Division 4 Spouse contributions--splitting amounts
397. Definitions for div 4
398. Meaning of spouse
399. Application of div 4
400. Maximum amount for splittable contributions
401. Application to transfer an amount into accumulation account for a member's spouse
402. Decision on application
Part 3--Benefits and payments
Division 1--Benefits
403. Time for payment of benefits
404. Persons with right to payment of benefits
405. Application to be made for benefits
406. Application for benefit by particular members
Division 2--Death and disablement insurance
407. Arrangements for insurance
408. Premiums
Division 3--Withdrawals from non-public sector accumulation account
409. Compulsory withdrawals on death
Part 4--Access on compassionate and severe financial hardship grounds
410. Definitions for pt 4
411. Application for access on compassionate grounds
412. Application for access on severe financial hardship ground
413. Limitations on access
Part 5--Tax file number
414. Tax file number not given to board
SCHEDULE 1 -- PERCENTAGES FOR BENEFITS
SCHEDULE 2 -- SCALE OF UNITS OF BENEFITS
SCHEDULE 3 --
SCHEDULE 4 --
SCHEDULE 5 -- VALUE PER UNIT OF ASSURANCE IN RESPECT OF CONTRIBUTORS WHO DIE BEFORE AGE 60
SCHEDULE 6 -- VALUE PER UNIT OF ASSURANCE IN RESPECT OF CONTRIBUTORS WHO DIE AT AGE OF 60 OR BETWEEN 60 AND 65
SCHEDULE 7 -- FACTORS FOR WIDOWS OF PENSIONERS
SCHEDULE 8 --
SCHEDULE 9 --
SCHEDULE 10 --
SCHEDULE 11 -- FACTORS FOR BENEFITS UPON DEATH OF CONTRIBUTORS WHO DIE BEFORE AGE 60
SCHEDULE 12 -- FACTORS FOR BENEFITS UPON DEATH OF CONTRIBUTORS WHO DIE AT AGE 60 OR BETWEEN AGES 60 AND 65
SCHEDULE 13 -- FACTORS FOR RELICTS OF PENSIONERS
SCHEDULE 14 -- FACTORS FOR LUMP SUM BENEFITS OF CONTRIBUTORS WHO RETIRE BETWEEN AGES 55 AND 60
SCHEDULE 15 --
SCHEDULE 16 -- SCALE OF UNITS OF BENEFITS
SCHEDULE 17 -- SCALE OF UNITS OF BENEFITS
SCHEDULE 18 --
SCHEDULE 19 --
SCHEDULE 20 -- VALUE OF A UNIT OF ASSURANCE FOR CONTRIBUTORS WHO DIE BEFORE TURNING 55
SCHEDULE 21 -- VALUE OF A UNIT OF ASSURANCE FOR CONTRIBUTORS WHO DIE ON OR AFTER TURNING 55 BUT BEFORE TURNING 66
SCHEDULE 22 -- FACTOR FOR WIDOWS OF FORMER MEMBERS
SCHEDULE 23 --
SCHEDULE 26 -- FACTORS FOR BENEFITS UPON DEATH OF CONTRIBUTORS WHO DIE BEFORE AGE 55
SCHEDULE 27 -- FACTORS FOR BENEFITS UPON DEATH OF CONTRIBUTORS WHO DIE AT AGE 55 OR BETWEEN AGES 55 AND 60
SCHEDULE 28 -- FACTORS FOR RELICTS OF PENSIONERS
SCHEDULE 29 -- FACTORS FOR WIDOWS OF MEMBERS OR FORMER MEMBERS
Endnotes
THIS DEED is entered into on 14 June 1990 by
HENRY ROBERT SMERDON, JOHN MERVYN HINCKS, ROSS WILLIAM DUNNING, DALE EDWARD HENNESSY, DESMOND ERNEST BOYLAND, NOEL JOHN ROSS, KAREN SHIRLEY PEUT and THOMAS ALFRED BARTON (who for the time being constitute the Board of Trustees under the Superannuation (State Public Sector) Act 1990)
WHEREAS
A. In terms of section 3.3 of the Act, there is to be established by deed a scheme for the provision of superannuation, retirement, provident or other similar benefits payable from the fund.
Editor's note--
Section 3.3 was renumbered as section 12 under the Superannuation (State Public Sector) Act 1990, section 4.18.
B. The board now wishes by this deed to establish the terms and conditions of the scheme which shall come into effect upon the approval of this deed by order in council, membership of which will be available to such persons as provided for in section 3.4 of the Act.
Editor's note--
Section 3.4 was renumbered as section 13 under the Superannuation (State Public Sector) Act 1990, section 4.18.
C. The board is to administer and control the scheme subject to the Act and in accordance with the other provisions of this deed.
D. The board has made amendments of the deed, to have effect immediately before the end of the day on 30 June 1997, relating to the merger of various schemes with the State Public Sector Superannuation Scheme including, in particular, amendments concerning new membership categories and other matters relating to the persons becoming members of the scheme under the merger.
NOW THE TRUSTEES covenant and agree as follows--
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