Victorian Consolidated Legislation

County Court Act 1958 - SECT 14AE

Actuary's calculation after former judges' election to commute pensions

14AE. Actuary's calculation after former judges' election to commute pensions



(1) If an election under section 14AD is in operation, the Minister must
within 10 days after the day on which the Minister received the election-

   (a)  cause an actuary to determine the extent to which a former judge's
        pension and any future entitlement of the partner or eligible child of
        the former judge to a pension upon the judge's death otherwise payable
        under this Act will be reduced subject to section 14F(3) and taking
        into account the specified amount of the lump sum to be provided by
        the commutation of the pensions; and

   (b)  notify the former judge or, if he or she has died, the former judge's
        partner or eligible child of the actuary's determination under
        subsection (1)(a).

(2) A former judge or, if he or she has died, the former judge's partner or
eligible child may revoke the election under section 14AD within 10 days after
the Minister's notification under subsection (1)(b).