Governor-General Superannuation Age Factors (Division 293 Tax Law) Determination 2019 (No. 1) (Cth)

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Governor-General Superannuation Age Factors (Division 293 Tax Law) Determination 2019 (No. 1)1

Governor-General Act 1974

I, ROSEMARY THERESE HUXTABLE, Secretary of the Department of Finance, make this Determination under subsection 4BA(10) of the Governor-General Act 1974.

Dated 20 May 2019

ROSEMARY THERESE HUXTABLE

Secretary of the Department of Finance

  1. Name of Determination

This Determination is the Governor-General Superannuation Age Factors (Division 293 Tax Law) Determination 2019 (No. 1).

  1. Commencement

This Determination commences on the day after it is registered on the Federal Register of Legislation.

  1. Age factors

For the purposes of section 4BA of the Governor-General Act 1974, the age factor for a person is specified in the Table in the Schedule to this Determination, based on:

(a)     whether the person is male or female;

(b)     the age of the person at their last birthday prior to the start of their pension.

Schedule         Age factors

(section 3)

Age at last birthday prior to start of pension Male Age Factor Female Age Factor
30 32.028 31.700
31 31.811 31.471
32 31.588 31.236
33 31.360 30.995
34 31.125 30.748
35 30.885 30.495
36 30.693 30.325
37 30.495 30.148
38 30.290 29.965
39 30.078 29.774
40 29.860 29.577
41 29.576 29.281
42 29.285 28.977
43 28.985 28.666
44 28.677 28.346
45 28.361 28.018
46 28.037 27.681
47 27.704 27.335
48 27.362 26.981
49 27.011 26.618
50 26.651 26.246
51 26.282 25.864
52 25.904 25.472
53 25.517 25.071
54 25.120 24.661
55 24.713 24.241
56 24.296 23.811
57 23.868 23.371
58 23.431 22.921
59 22.983 22.460
60 22.525 21.988
Age at last birthday prior to start of pension Male Age Factor Female Age Factor
61 22.056 21.503
62 21.576 21.007
63 21.086 20.499
64 20.584 19.981
65 20.072 19.452
66 19.550 18.913
67 19.019 18.363
68 18.478 17.803
69 17.928 17.234
70 17.370 16.655
71 16.850 16.076
72 16.321 15.488
73 15.784 14.892
74 15.239 14.289
75 14.687 13.685
76 14.096 13.093
77 13.502 12.497
78 12.905 11.902
79 12.306 11.309
80 11.708 10.722
81 11.110 10.143
82 10.515 9.574
83 9.925 9.018
84 9.342 8.480
85 8.773 7.958
86 8.219 7.456
87 7.682 6.973
88 7.161 6.520
89 6.659 6.098
90 6.177 5.705

Note

1.       Note: All legislative instruments and compilations are registered on the Federal Register of Legislation kept under the Legislation Act 2003. See

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