Superannuation Amendment Regulations 1992 (WA)

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1 September 1992] GOVERNMENT GAZETTE, WA 4407
G0301

SUPERANNUATION AND FAMILY BENEFITS ACT 1938

SUPERANNUATION AMENDMENT REGULATIONS 1992

Made by His Excellency the Lieutenant-Governor and Administrator in

Executive Council on the recommendation of the Board.

Citation

1.      These regulations may be cited as the Superannuation Amendment

Regulations 1992.

Principal regulations

2.       In these regulations the Superannuation Regulations 1959* are referred

to as the principal regulations.

[* Published in the Gazette of 7 July 1959 at pp. 1809-182 7. For amendments to 1 July 1992 see 1991 Index to Legislation of
Western Australia, p. 503.]

Regulation 3 amended

3.      Regulation 3 of the principal regulations is amended by deleting the

definitions of "the Board" and "the Fund" and substituting the following -

"Board" and "Fund" have the respective meanings given to them in section 3 1 of the Government Employees Superannuation Act 1987;

Part WA inserted

4.      After regulation 21 of the principal regulations, the following Part is

inserted -

PART WA -

" INFORMATION TO BE GWEN

TO CONTRIBUTORS ETC.

Definitions

first and last days of the year;
2lA.. In this Part -

"Commonwealth Act" means the Occupational

Superannuation Standards Act 1987 of the
Commonwealth;

"member" means a contributor, qualified contributor or

subscriber under the Act;

"year", in respect of a member, means the period of 12

months ending with the member’s birthday.

Annual statement

21B. 1 The Board shall for each year send to each member

a written statement setting out the following information -

a the amount of contributions made by the member
during the year;
b the amount of benefits vested in the member on the
4408 GOVERNMENT GAZETTE, WA [1 September 1992
c the method of determining the amount of benefits
referred to in paragraph b;
d the amount of any death or invalidity benefit payable
to or in respect of the member;
e the nature and purpose of any changes to the Act during the year and the eftect if any on the entitlements of the member.

2        A statement under subregulation 1 in respect of a year

shall be sent as soon as is practicable after the end of that year.

Information to be given
on cessation of membership

21C. Where a person ceases to be a member, the Board shall as soon as is practicable after the cessation of membership send to the person, or the personal representative if any of the person a written statement setting out the following information about the
entitlement under the Act of the member or the member’s estate,
as the case may be -

a the amount of the benefit entitlement of the member
and the method of determining that entitlement;
b the member’s old RBM as defined by the Commonwealth regulations if it exceeds 11.25 times the member’s highest average salary as so defined;
c if the cessation of membership arises otherwise than by death, invalidity, or retirement after attaining the age of 55, the particulars referred to in regulation
21B in respect of the period from the cessation of
membership back to the end of the period covered by
the last statement under that regulation.

In subregulation 1 "Commonwealth regulations" means regulations made under the Commonwealth Act.

2

Member may obtain information from Board

21D. 1 A member may request the Board to give to him or her a document specified in subregulation 3 but may not do so more than once in respect of any period of 12 months.

2 The Board shall comply with a request made in accordance with subregulation 1.

3        The documents that may be requested are -

a a copy of, or extract from, an actuarial report on the
Fund;
b a copy of the auditor’s report on the Fund;

c

a copy of any return, certificate or notice provided by the Board to, or received by the Board from, the Insurance and Superannuation Commissioner that is, the person referred to by that title in the Commonwealth Act.

Recommended by the Board.

The common seal of the Board was affixed in the presence of-

P. K. WILLIAMSON.

P. J. FARRELL.

By His Excellency’s Command,

D. G. BLIGHT, Clerk of the Council.

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