Western Australian Consolidated Regulations

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COAL INDUSTRY SUPERANNUATION REGULATIONS 1990 - REG 17

17 .         Retirement benefits — category A

        (1)         A category A member who leaves service with an employer between 55 and 65 years of age (inclusive) is entitled to a benefit equal to — 

            (a)         the member’s accrued benefit; and

            (b)         the balance of the member’s accumulation account.

        (2)         A category A member who leaves service with an employer for any reason (other than death) after reaching 65 years of age is entitled to a benefit equal to the amount that would have been payable to the member if the member had — 

            (a)         left service with that employer on the day the member turned 65;

            (b)         become entitled to a benefit under subregulation (1) on that day; and

            (c)         retained the whole of that benefit in the Fund under regulation 22 (without making an election under regulation 22AA(1)) until the day the member actually left service with that employer.

        [Regulation 17 inserted in Gazette 14 May 1996 p. 2030; amended in Gazette 30 Apr 2002 p. 2186.]



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