State Superannuation (Revised Scheme Medical Classifications) Regulations 1989 (Vic)
Version No. 001
State Superannuation (Revised Scheme
Medical Classifications) Regulations 1989
S.R. No. 173/1989
Version as at 28 July 1998
TABLE OF PROVISIONS
Regulation Page
1. Title 1 2. Objective 1 3. Authorising provision 1 4. Definitions 1 5. Full benefits payable 2 6. Limited contributors 2 7. Service benefits contributors 3 8. Death benefits 3
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NOTES 4 1. General Information 4 2. Table of Amendments 5 3. Explanatory Details 6
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Version No. 001
State Superannuation (Revised Scheme
Medical Classifications) Regulations 1989
S.R. No. 173/1989
Version as at 28 July 1998
1. Title
These Regulations may be cited as the State
Superannuation (Revised Scheme MedicalClassifications) Regulations 1989.
2. Objective
The objective of these Regulations is to specify the greater benefits payable under section 63(b) of the State Superannuation Act 1988 when a revised scheme member who is a limited contributor becomes disabled or when a revised scheme member who is a service benefits contributor dies or becomes disabled.
3. Authorising provision
These Regulations are made under section 92 of the State Superannuation Act 1988.
4. Definitions
In these Regulations—
"Act" means the State Superannuation Act
1988;
"membership" means the period in years for
which a revised scheme member has made
contributions to the Fund, including
contributions under section 49 of the Act and
other unpaid parental leave which isrecognised as service under the Act;
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Regulations 1989
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"total membership" means the years of membership the officer could have completed from commencement of membership until the age of 60 years.
5. Full benefits payable
A revised scheme member who has been classified as a limited or a service benefits contributor must for the purposes of calculating benefits be deemed to be a full benefits contributor if—
(a)
the membership of the revised scheme member is not less than 20 years; or
(b)
the revised scheme member has reached the age of 60 years; or
(c)
the Board is of the opinion that the death or disability of the revised scheme member was not caused or substantially contributed to by a condition related to the reasons for the medical classification.
6. Limited contributors
Subject to regulation 5 if a revised scheme member who has been classified as a limited contributor retires on the grounds of disability the pension payable is equal to the sum of—
(a)
two-thirds of the revised scheme member's pension; and
(b)
one-third of the revised scheme member's pension multiplied by
Membership ; and Total membership
(c)
five per centum per year of membership (subject to a maximum of 20 years) of the amount of the revised scheme member's
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State Superannuation (Revised Scheme Medical Classifications)
Regulations 1989
S.R. No. 173/1989 r. 7 pension reduced by the total of the amounts
specified in paragraphs (a) and (b).
7. Service benefits contributors
Subject to regulation 5 if a revised scheme member who has been classified as a service benefits contributor retires on the grounds of disability before the age of 60 years the pension payable is equal to the sum of—
(a)
ten per centum of the revised scheme member's pension; and
(b)
ninety per centum of the revised scheme member's pension multiplied by
Membership ; and Total membership
(c)
five per centum per year of membership (subject to a maximum of 20 years) of the amount of the revised scheme member's pension reduced by the total of the amounts specified in paragraphs (a) and (b).
8. Death benefits
Subject to regulation 5 on the death of a revised scheme member who has been classified as a service benefits contributor the revised scheme member's pension for the purposes of sections 36(1) and 36(3) of the Act must be calculated in accordance with regulation 7.
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State Superannuation (Revised Scheme Medical Classifications)
Regulations 1989
| Notes | S.R. No. 173/1989 |
NOTES
1. General Information
The State Superannuation (Revised Scheme Medical Classifications)
Regulations 1989, S.R. No. 173/1989 were made on 11 July 1989 by the
Administrator in Council, after consideration of a report from the State
Superannuation Board of Victoria, under section 92 of the State
Superannuation Act 1988, No. 50/1988 and came into operation on
11 July 1989.The State Superannuation (Revised Scheme Medical Classifications)
Regulations 1989 will sunset 10 years after the day of making on
11 July 1999 (see section 5 of the Subordinate Legislation Act 1994).
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State Superannuation (Revised Scheme Medical Classifications)
Regulations 1989
S.R. No. 173/1989 Notes 2. Table of Amendments
There are no amendments made to the State Superannuation (Revised Scheme Medical Classifications) Regulations 1989 by statutory rules, subordinate instruments and Acts.
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Regulations 1989
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3. Explanatory Details
No entries at date of publication.
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