Western Australian Consolidated Acts Western Australian Consolidated Acts (1) A contributor
who —
(a)
attained the age of 65 years on or after 1 June 1967; and
(b) was
continued in service after attaining that age, and is still continuing in
service on the date of the coming into operation of this section,
shall, subject to
subsection (3), unless he elects within one month of the coming into
operation of this section not to receive benefits under this subsection,
receive —
(c) in
respect of the period that commenced on the day after the date on which he
attained that age and ended on the day immediately preceding the coming into
operation of this section — an amount, together with interest
at such rate as the Board determines, equal to the amounts of pension to which
the contributor would have been entitled if he had retired at that age, less
the amounts of the share of the pension that the State would have been
required to credit to the Fund under this Act in respect of that period, if
the contributor had retired at that age; and
(d) in
respect of the period commencing on the date of the commencement of this
section and ending on the date of his retirement, the amount of pension to
which he would be entitled if he had retired at that age less the amount of
the share of the pension that the State would be required to credit to the
Fund under this Act had the contributor retired at that age.
(2) Where a
contributor who made an election under subsection (1) retires before
attaining the age of 66 years, he shall be paid an amount equal to the
aggregate of the amounts that he would have received under subsection (1)
if he had not made that election.
(3) A contributor who
was, prior to the commencement of this section, receiving pension under
section 60B as in force at that time, is not entitled —
(a) to
receive any amount under subsection (1)(c); or
(b) to
make an election under subsection (1).
[Section 60C inserted by No. 27 of 1969
s.11; amended by No. 49 of 1996 s.64.]