Superannuation Regulations (Amendment) (Cth)

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STATUTORY RULES.

1924. No. 195.

————

REGULATIONS UNDER THE SUPERANNUATION ACT 1922-1924.

WHEREAS by section 82 of the Superannuation Act 1922-24, the Governor-General may, on the recommendation of the Superannuation Fund Management Board constituted by the said Act, make Regulations for carrying out or giving effect to the Act:

Now, therefore, the Superannuation Fund Management Board recommends to the Governor-General that the following Regulations be made, to come into operation on and from the 23rd October, 1924.

Dated this 28th day of November, 1924.

F. J. Ross, President,

M. J. D. Page, Member,

Chas. H. Wickens, Member,

Superannuation Fund Management Board.

Approved in Executive Council this tenth day of December, 1924.

FORSTER,

Governor-General.

By His Excellency’s Command,

Ll. ATKINSON,

for Treasurer.

———

Superannuation Regulations.

(Statutory Rules 1923, No. 167, as amended to this date.)

Amendments.

1. Regulation 4 of the Superannuation Regulations is amended by omitting paragraph (a) of sub-regulation (1) thereof and inserting in its stead the following paragraph:—

(a) in the case of an employee in the Service at the date of the commencement of the Act, be two years and six months from the 20th November, 1922.

2. After regulation 5 of the Superannuation Regulations the following regulation is inserted:—

Further time for election.

“5a. The further time within which an employee may elect under paragraph (d) of the second proviso to sub-section (5) of section 13 of the Act to contribute for additional units at rate for age 30 shall be six months from the 23rd October, 1924.

3. After regulation 7 of the Superannuation Regulations the following regulation is inserted:—

Time for election under sub-section (5) of section 52.

“7 (a) The time within which an employee who has rights under any other Act or State Act, and who has elected under section 52 of the Act to come under the Act for the purposes of the ‘difference’ may elect under sub-section (5) of that section, shall be

 

six months from the 23rd October, 1924, and, in respect of any further election consequent upon an increase in salary raising his salary to a higher salary group, shall be three months from the date of the first payment of salary at the increased rate.”

4. After regulation 9 of the Superannuation Regulations the following regulation is inserted:—

“9 (a) The contributions which shall be paid by an Air Officer who is a contributor under Part IV a of the Act in respect of a pension under section 60jof the Act, shall be in accordance with the table of contributions set out in the schedule.”

5. Regulation 19 of the Superannuation Regulations is amended by omitting sub-regulation (1) thereof.

6. The Superannuation Regulations are amended by inserting before the heading to the table of Fortnightly Contributions for Limited Pensions under section 53 of the Act, the words “The Schedule”.

7. The Superannuation Regulations are amended by adding at the end of the schedule the following table:—

Section 60h (2). Rates of Contribution to be paid fortnightly by Air Officers.

Age next Birthday.

(1.)

First £52 Pension to Contributor upon Invalidity.

(2.)

Subsequent £52 Pension to Contributor.

(3.)

Special Contribution to Cover Aviation Risk.

(4.)

s.

d.

s.

d.

20

0

10

0

8

21

0

11

0

8

22

1

0

0

9

5s. per fortnight additional in respect of each unit of £26 contributed for in the case of an Officer who, as part of his duty, is liable to be engaged in flying operations.

23

1

1

0

9

24

1

2

0

10

25

1

3

0

11

26

1

4

0

11

27

1

4

1

0

28

1

5

1

0

29

1

5

1

0

30

1

6

1

0

31

1

6

1

0

32

1

7

1

1

33

1

7

1

1

34

1

8

1

1

35

1

8

1

1

36

1

9

1

1

37

1

10

1

2

38

1

10

1

2

39

1

10

1

2

40

1

11

1

2

41

1

11

1

2

42

1

11

1

2

43

2

0

1

3

44

2

0

1

3

45

2

0

1

3

 

Printed and Published for the Government of the Commonwealth of Australia by H. J. Green, Government Printer for the State of Victoria.

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