Victorian Consolidated Legislation

Emergency Services Superannuation Act 1986 - SECT 4C

Guarantee of no detriment

4C. Guarantee of no detriment



(1) Subject to subsection (2), no benefit or entitlement to a benefit
calculated or payable under a Superannuation Act shall be less than the
benefit or entitlement to which a person would have been entitled if this Act
had not been amended by the Superannuation Legislation (Governance Reform) Act
2005.

(2) This section applies to a benefit or entitlement to a benefit calculated
or payable under Part 3A only to the extent that the benefit is not impacted
by investment decisions, changes to the rate or amount of member contributions
made at the direction of a member or matters at the discretion of the Board.