Victorian Consolidated Legislation

Emergency Services Superannuation Act 1986 - SECT 21G

Disability and death insurance under ESSPLAN

21G. Disability and death insurance under ESSPLAN







(1) The Board must if it is reasonably possible enter into a contract of
insurance in respect of the total amount of members' disability and death
benefits cover in force under sections 21F, 21FA and 21JB on terms and
conditions acceptable to the Board.

(2) The Board must determine the proportion of the amount of the premiums paid
under subsection (1) which is to be debited to a member's account.

(3) At any time before the payment of a benefit to or in respect of a member
under section 21H(1)(b), the Board may reduce that member's disability and
death cover or impose terms and conditions on that cover having regard to-

   (a)  any failure to obtain insurance under subsection (1) in respect of the
        whole of the member's disability and death benefits cover; and

   (b)  any terms and conditions imposed by the relevant insurer in respect of
        insurance secured by the Board under subsection (1).