Defence Force (Superannuation) (Productivity Benefit) Determination (Amendment) (No. 2 of 1995) (Cth)

Defence Act 1903

Determination No 2 of 1995 under Section 52 of the Defence Act 1903

I, GARY FRANCIS PUNCH, the Minister for Defence Science and Personnel,

hereby make the following Determination under section 52 of the Defence Act

1903. 

Dated   28 th     June      1995

Gary Punch

Minister for Defence Science and Personnel

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1. Amendment

1.1           The Defence Force (Superannuation)(Productivity Benefit)

Determination is amended as set out in this Determination.

2. Commencement

2.1         Subclause 4.1, 4.2 and 4.3 are taken to have commenced on 1 July 1995.

Clause 3 and subclause 4.4 are taken to have commenced on 1 July

1992.

3. Interpretation

3.1  Subclause 3( 1):

Insert:

""Recipient member" means a retired member in receipt of a pension

who again becomes a member."

4. Subclause 8AA(2) (Amount of productivity benefit on or after 1 July

1992)

4.1         Definition of percentage:

Omit" table", substitute "tables".

4.2         After definition of percentage insert:

“(a) In respect of non-recipient members and recipient members with more than 12 months service”.

4.3         In the table:

Omit "Period Commencing 1 January 1993" substitute" Period from 1

January 1993 to 30 June 1995".

Insert at the end of the table:

"Period commencing 1 July 1995                            5.4%".

4.4         After the table insert:

"or

(b) In respect of recipient members with less than 365 days service

who are non contributors"

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Period      Percentage

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Period ending 31 December 1992    4.0

Period from 1 January 1993 to 30 June 1995    5.0

Period commencing 1 July 1995    6.0

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