Superannuation Act 1988 (SA)

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South Australia

Superannuation Act 1988

An Act to provide superannuation benefits for certain employees; and for other purposes.

Contents

Part 1—Preliminary

1            Short title

4            Interpretation

4A          Putative spouses

4B          Restriction on publication of proceedings

5            Superannuation arrangements

Part 2—Administration

Division 1—The Board

6            The Board

7           Functions of the Board

8            Board's membership

9            Board proceedings

10          Staff of Board

10A        Delegation by the Board

Division 3—The Fund

17          The Fund

19          Investment of the Fund

Division 3A—Accounts

20A        Contributors' accounts

20ABA     Co-contribution accounts

20AB       Other accounts to be kept by Board

Division 3B—Payment of benefits

20B         Payment of benefits

Division 4—Reports

21          Reports

Part 3—Contributors, contribution and contribution points

22          Entry of contributors to the scheme

23          Contribution rates

24          Contribution points

25          Attribution of additional contribution points and contribution months

Part 4—Superannuation benefits—new scheme contributors

26          Application of this Part

26A         Transition to retirement

27          Retirement

28          Resignation and preservation of benefits

28A         Resignation pursuant to a voluntary separation package

28B         Outplaced employees—55 and over

28C         Outplaced employees under 55

29          Retrenchment

30          Disability pension

30A        Rehabilitation etc of disability pensioner

31          Termination of employment on invalidity

32          Death of contributor

32A         PSESS benefit

32B         Commutation to pay deferred superannuation contributions surcharge—contributor

32C         Commutation to pay deferred superannuation contributions surcharge following death of contributor

32D         Withheld amount

32E         Payment of Division 293 tax

Part 5—Superannuation benefits—old scheme contributors

Division 1—Pension benefits

33          Application of this Part

33A         Transition to retirement

34          Retirement

35          Retrenchment

36          Temporary disability pension

36A         Rehabilitation etc of disability pensioner

37          Invalidity

38          Death of contributor

39          Resignation and preservation of benefits

39A         Resignation or retirement pursuant to a voluntary separation package

39B         Outplaced employees—55 and over

39C         Outplaced employees under 55

Division 2—General

40          Commutation of pension

40A        Commutation to pay deferred superannuation contributions surcharge

40AB       Commutation to pay Division 293 tax

40B         Interaction with judicial remuneration or pension entitlements

41          Medical examination etc of invalid pensioner

42          Suspension of pension if pensioner declines appropriate employment

42A         Offer of lump sum to certain invalid pensioners

43          Notional extension of period of employment

43AA       Closure of contribution accounts

Part 5A—Family Law Act provisions

Division 1—Preliminary

43AB       Purpose of Part

43AC       Interpretation

43AD       Value of superannuation interest

43AE       Board to comply with Commonwealth requirements

43AF       Effect on contributor's entitlements

43AG       Benefit not payable to spouse on death of contributor if split has occurred

Division 2—New scheme contributors

43AH       Application of Division

43AI        Accrued benefit multiple

43AJ       Non-member spouse's entitlement

Division 3—Old scheme contributors

43AK       Application of Division

43AL       Accrued benefit multiple

43AM       Non-member spouse's entitlement

43AN       Non-member spouse's entitlement where pension is in growth phase

43AO       Non-member spouse's entitlement where pension is in payment phase

43AP       Payment of non-member spouse's entitlement

Division 4—Fees

43AQ       Fees

Part 6—Miscellaneous

43B         Exclusion of benefits under awards etc

44          Review of Board's decisions

45          Effect of workers compensation etc on pension

46          Division of benefit where deceased contributor is survived by lawful and putative spouses

47          Adjustment of…

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Sourced from the Federal Register of Legislation at 26 August 2026. For the latest information on Australian Government law please go to https://www.legislation.gov.au.