SOUTHERN STATE SUPERANNUATION ACT 1994

Table of Provisions

• Long Title

PART 1--Preliminary

• 1 Short title
• 3 Interpretation
• 3A Putative spouses
• 3B Restriction on publication of court proceedings

PART 2--Administration

Division 1--The Southern State Superannuation Fund

• 4 The Fund
• 5 Investment of the Fund

Division 2--Members' contribution accounts, rollover accounts and co-contribution accounts

• 7 Contribution, co-contribution and rollover accounts
• 7A Accretions to members' accounts
• 7B Rollover of money from other funds or schemes
• 8 Other accounts to be kept by Board

Division 3--The Southern State Superannuation (Employers) Fund

• 9 The Southern State Superannuation (Employers) Fund
• 10 Accounts and audit
• 11 Determination of rate of return

Division 4--Payment of benefits

• 12 Payment of benefits

Division 5--Reports

• 13 Reports
• 13A Report as to cost of invalidity/death insurance benefits

PART 3--Membership, invalidity/death insurance and contributions

Division 1--Membership of the scheme

• 14 Membership
• 15 Election by contributor to the State Scheme
• 15A Contributors to State Scheme
• 15B Salary sacrifice by members of certain schemes
• 15C Salary sacrifice by members of Police Superannuation Scheme
• 16 Duration of membership

Division 2--Invalidity/death insurance

• 20 Interpretation
• 21 Basic invalidity/death insurance
• 22 Application for voluntary invalidity/death insurance
• 23 Variation of voluntary insurance
• 23A Voluntary invalidity/death insurance--prescribed members
• 23B Variation of voluntary insurance--prescribed members
• 24 Amount of invalidity/death insurance benefits and amount of premiums
• 24A Voluntary suspension of invalidity/death insurance

Division 3--Contributions by members

• 25 Contributions
• 25A Other contributions

Division 4--Payments by employers

• 26 Payments by employers

PART 3A--Spouse members

Division 1--Preliminary

• 26A Interpretation

Division 2--Spouse members

• 26B Spouse contributions splitting
• 26C Other contributions for spouse members
• 26D Spouse members and spouse accounts
• 26E Accretions to spouse members' accounts
• 26F Amalgamation of accounts

Division 3--Voluntary death insurance

• 26G Voluntary death insurance
• 26H Variation of voluntary death insurance
• 26I Amount of death insurance benefits and amount of premiums

Division 4--Payment of benefits

• 26J Benefits for spouse members

PART 4--The employer component of benefits

• 27 Employer contribution accounts

PART 5--Superannuation benefits

• 30 Interpretation
• 30A Transition to retirement
• 30B Early access to superannuation benefits
• 31 Retirement
• 32 Resignation
• 33 Retrenchment
• 33A Disability pension
• 34 Termination of employment on invalidity
• 35 Death of member
• 35AA Commutation to pay deferred superannuation contributions surcharge--member
• 35AAB Commutation to pay deferred superannuation contributions surcharge following death of member
• 35AAC Withheld amount

PART 5A--Family Law Act provisions

• 35A Purpose of this Part
• 35B Interpretation
• 35C Non-member spouse entitlement
• 35D Payment of lump sum
• 35E Effect on member's entitlements
• 35F Lump sum not payable to spouse on death of member if split has occurred
• 35G Board to comply with Commonwealth requirements
• 35H Provision of information
• 35I Payment from contribution account in name of non-member spouse
• 35J Fees

PART 6--Miscellaneous

• 36 Information to be given to certain members
• 37 Employer benefits and contributions where member on leave without pay
• 38 Exclusion of benefits under awards etc
• 39 Police Occupational Superannuation Scheme
• 40 Review of the Board's decision
• 41 Power to obtain information
• 42 Delegation by Board
• 43 Division of benefit where deceased member or spouse member is survived by lawful and putative spouse
• 44 Payment in case of death
• 45 Payments in foreign currency
• 46 Rounding off of benefits
• 47 Liabilities may be set off against benefits
• 47A Confidentiality
• 47B Post retirement investment
• 47BA Post retirement invalidity/death insurance
• 47C Annuities
• 48 Resolution of difficulties
• 49 Regulations
• SCHEDULE 1
• SCHEDULE 2
• SCHEDULE 3--Transitional provisions
Legislative history