Superannuation (Government and Other Employees) Amendment of Articles Regulation (No. 2) 1995 (Qld)

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SUPERANNUATION (GOVERNMENT AND OTHER EMPLOYEES) AMENDMENT OF ARTICLES REGULATION (No. 2) 1995
Queensland Subordinate Legislation 1995 No. 177 Superannuation (Government and Other Employees) Act 1988 SUPERANNUATION (GOVERNMENT AND OTHER EMPLOYEES) AMENDMENT OF ARTICLES REGULATION (No. 2) 1995 TABLE OF PROVISIONS Section Page 1 Short title . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 2 Commencement . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 3 Approval of amendments of Articles . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 SCHEDULE . . . . . . . . . . . . . . . . . . . . . . . . . 3 AMENDMENTS OF THE ARTICLES OF THE GOVERNMENT OFFICERS’ SUPERANNUATION SCHEME 1 Amendment of s 14 (Member’s account) . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 2 Replacement of ss 22 and 23 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 22 Definitions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 22A Provision of insurance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4 22B Admission of other members . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4 22C Insurance terms . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4 23 Premiums . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5 Subarticle 2—Insurance against total and temporary disablement 23A Provision of insurance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5 Subarticle 3—Ineligible employees
s1 2 s3 Superannuation (Government and Other Employees) Amendment of Articles (No. 2) No. 177, 1995 ˙ Short title 1. This regulation may be cited as the Superannuation (Government and Other Employees) Amendment of Articles Regulation (No. 2) 1995 . ˙ Commencement 2. This regulation commences on 1 July 1995. ˙ Approval of amendments of Articles 3. The amendments of the ArticlesoftheGovernmentOfficers’Superannuation Scheme, set out in the Schedule, are approved.
3 Superannuation (Government and Other Employees) Amendment of Articles (No. 2) No. 177, 1995 ¡ SCHEDULE AMENDMENTS OF THE ARTICLES OF THE GOVERNMENT OFFICERS’ SUPERANNUATION SCHEME section 3 ˙ Amendment of s 14 (Member’s account) 1.(1) Section 14(c), ‘pursuant to section 22’— omit, insert— ‘under article 10, subarticle 1’. (2) Section 14(g)— omit, insert— ‘(g) any insurance premiums required to be paid under article 10 for the member.’. ˙ Replacement of ss 22 and 23 2. Sections 22 and 23— omit, insert— ‘Subarticle 1—Insurance against death or total and permanent disablement ˙ Definitions 22. In this subarticle— “insurance terms” means the terms decided under section 22C. “insured member” means a member insured under this subarticle.
4 Superannuation (Government and Other Employees) Amendment of Articles (No. 2) No. 177, 1995 ˙ Provision of insurance 22A.(1) The Board must provide insurance against the death, or total and permanent disablement, of each person who— (a) becomes a member on or after 1 July 1995; or (b) was, on 30 June 1995, being provided insurance under a group life assurance policy entered into by the Board; or (c) becomes an insured member under section 22B. (2) However, the Board is not required to provide the insurance to a person who, under the insurance terms, ceases to be an insured member. (3) The Board may enter into a group life assurance policy to provide some or all of the insurance. ˙ Admission of other members 22B.(1) This section applies to a member who— (a) became a member before 1 July 1995; and (b) was not, on 30 June 1995, being provided insurance under a group life assurance policy entered into by the Board. (2) The Board may, on application by the member under the insurance terms, admit the member as an insured member. ˙ Insurance terms 22C.(1) The Board must decide the terms on which the insurance is provided. (2) The terms may, for example, include terms about the following matters— (a) requirements, including medical requirements, for eligibility to— (i) become an insured member under section 22B; or (ii) increase the level of insurance cover provided to an insured member; (b) benefits;
5 Superannuation (Government and Other Employees) Amendment of Articles (No. 2) No. 177, 1995 (c) the disclosure of relevant information to the Board for the Board to decide— (i) an issue about the payment of a benefit; or (ii) a member’s eligibility to become an insured member or to increase the level of insurance cover provided to the member; or (iii) another issue relating to the proper conduct of the insurance scheme; (d) ending a member’s insurance cover. ˙ Premiums 23. Subject to its agreeing otherwise with an insured member, the Board may deduct premiums for the member’s insurance from the member’s account. ‘Subarticle 2—Insurance against total and temporary disablement ˙ Provision of insurance 23A . The Board may also enter into a group life assurance policy to provide insurance to members against total and temporary disablement. ‘Subarticle 3—Ineligible employees’.
6 Superannuation (Government and Other Employees) Amendment of Articles (No. 2) No. 177, 1995 ENDNOTES 1. Made by the Governor in Council on 8 June 1995. 2. The amendments approved in this regulation were made by the Board on 2 June 1995. 3. Notified in the Gazette on 9 June 1995. 4. Laid before the Legislative Assembly on . . . 5. The administering agency is the Treasury Department. © State of Queensland 1995
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