Victorian Consolidated Legislation

Emergency Services Superannuation Act 1986 - SECT 21H

Amount and payment of disability or death benefits

21H. Amount and payment of disability or death benefits



(1) Subject to subsection (2) and section 21E, in the case of the disability
or death of a member the benefit is to be equal to-

   (a)  the member's account balance at the time the benefit is paid; and

   (b)  where the member died or became disabled while disability and death
        benefits cover for him or her under section 21F or 21FA was in force,
        the amount of any insurance proceeds received by the Board under an
        insurance contract entered into under section 21G, and interest on the
        basis determined by the Board in respect of the period up to the time
        the benefit is paid.

(2) A disability benefit that is payable under this Part is payable to that
member.



(3) Unless subsection (4) applies, a death benefit in respect of a member that
is payable under this Part is payable to such one or more of the member's
dependants and legal personal representatives and in such proportions as the
Board in its absolute discretion determines.

(4) Subject to any specified standards, if the member has given the Board a
notice in a form approved by the Board, the Board must pay the death benefit
in respect of the member that is payable under this Part in accordance with
the notice.