Police Superannuation Variation Regulations 2005 (SA)

South Australia

Police Superannuation Variation Regulations 2005

under the Police Superannuation Act 1990

Contents

Part 1—Preliminary

1. Short title

2. Commencement

3. Variation provisions

Part 2—Variation of Police Superannuation Regulations 2002

1. Variation of regulation 8—Commutation factors

2. Variation of regulation 12—Salary

3. Insertion of regulation 12AA

   12AASalary (contract under section 13 or 16 of Police Act 1998)

Part 1—Preliminary

1—Short title

These regulations may be cited as the Police Superannuation Variation Regulations 2005.

2—Commencement

1. Subject to subregulation (2), these regulations will come into operation on the day on which the Statutes Amendment (Miscellaneous Superannuation Measures No 2) Act 2004 comes into operation.

2. Pursuant to Schedule 1, clause 1 of the Statutes Amendment (Miscellaneous Superannuation Measures No 2) Act 2004, regulation 6 will be taken to have come into operation on 1 July 1999.

3—Variation provisions

In these regulations, a provision under a heading referring to the variation of specified regulations varies the regulations so specified.

Part 2—Variation of Police Superannuation Regulations 2002

4—Variation of regulation 8—Commutation factors

Regulation 8(1)(d)(ii)—after "section 38S(7)" insert:

of the Act

5—Variation of regulation 12—Salary

Regulation 12—after subregulation (4) insert:

(5)In this regulation—

salary means salary as defined by the second definition of salary in section 4(1) of the Act.

6—Insertion of regulation 12AA

After regulation 12 insert:

12AA—Salary (contract under section 13 or 16 of Police Act 1998)

The proportion of the total remuneration package specified in a contract under section 13 or 16 of the Police Act 1998 for the purposes of the first definition of salary in section 4(1) of the Act is—

(a)in respect of an old scheme contributor—86.6 per cent; and

(b)in respect of a new scheme contributor—90.6 per cent.

Note—

As required by section 10AA(2) of the Subordinate Legislation Act 1978, the Minister has certified that, in the Minister's opinion, it is necessary or appropriate that these regulations come into operation as set out in these regulations.

Made by the Governor's Deputy

with the advice and consent of the Executive Council

on 13 January 2005

No 3 of 2005

T&F04/055CS