Western Australian Consolidated Regulations (1) Subject to
subsection (2), a category A member who leaves service with an employer
in circumstances other than those described in regulations 17 to 20 is
entitled to a benefit equal to the balance of the member’s accumulation
account plus —
(a) if
the member retains the whole of the defined benefit component of the benefit
in the Fund — the member’s accrued benefit; or
(b)
otherwise — an amount equal to the member’s accrued benefit
multiplied by the discount factor.
(2) A category A
member who leaves service by reason of ceasing to be a mine worker but who
remains in employment with the same employer —
(a) is
not entitled to a benefit under subregulation (1) at the time of leaving
service; and
(b) is
entitled to a benefit when the member ceases to be in employment with that
employer equal to the amount that would have been payable to the member if the
member had —
(i)
become entitled to a benefit under subregulation (1)
on the day the member ceased to be a mine worker; and
(ii)
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 21 inserted in Gazette
14 May 1996 p. 2031-2; amended in Gazette 30 Apr 2002
p. 2186-7; 23 May 2003 p. 1825.]
[ 21A. Deleted in Gazette 30 Apr 2002
p. 2187.]