The Public Service Superannuation Fund Act 1902 (SA)
ANNO SECUNDO
A.D. 1902.
No. 792. An Act to provide for a Fund for the Relief and Main- tenance of Superannuated Public Servants and of the Widows and Families of Deceased Public Servants, and for other purposes.
[Assented to, Novem bey 13th, 1902.1 E it Enacted by the Governor, with the advice and consent of
B | the Parliament of South Australia, as follows: |
1. This Act may be cited as "The Public Service SupermnuationShort title. Fund Act, 1902."
2. In the intetpretation of this Act, and of any regulations madeInterpretation. hereunder, unless inconsistent with the context or subject matter-
" Board" shall mean " The Public Service Superannuation Fund
Board | ": |
" The Fund " shall mean | The Public Service Superannuation |
Fund | ": |
Regulations " shall mean regulations made under this Act:
a Prescribed" shall mean prescribed by regulations under this Act:" Minister " shall meau the Treasurer of South Australia:
" Subscriber " shall mean a person subscribing to " The Fund,"
or who having been a subscriber to The Fund " is (a) receiving an annuity therefrom, or
( b ) is tem porarily ex- cluded or excused by the Board from paying subscriptions:
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2b EDWARDI VII, NO.792.
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The Public Service Superannuation _Fund Act.-1902. Officer " shall mean a person employed in any branch of the Public Service, unless upon the Civil List or engaged under a special contract, whose employment shall, in the opinion, expressed in the prescribed manner, of the Board and of the Minister controlling the department in which such person is employed, be of a permanent character.
Inclorporation of
3. For the purposes of this Act a Board is hereby constituted, to |
be called " 'l'he Public Service Superannuation Fund Board," which shall be a body corporate with perpetual succession and a common seal, and shall by the said name be capable of suing and being sued. and of purchasing, holdmg, and alienating land, and of' doing all acts necessary or expedient for carrying out the purposes of this Act, and of doing and suffering, subject to this Act, all such other acts and things as bodies corporate may by law do and suffer.
of the Board. 'l'he Board shail annually elect, from among them- selves, a chairman, who shall have a casting as well as a deliberative vote. |
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among them at least six weeks before the day for retirement; or, if the decision is not made by lot within the required time, then such member as the Governor may declare shall retire:
Appointment of two
the said Edwin Mitchell Smith, or William Lewis Neale, or John Pickering or Arthur Webb Pettit, or any of their successors in office, the subscribers shall, in the prescribcd manner, elect a sub- scriber to be a member of the ~ o a i d in the place of the retiring member:
Retiring member
(4) Any retiring member shall be eligible for re-appointment or re-election: | (5) Subscribers |
EDWARDI VII, No. | - |
The Public Service Supernnnuation Fund Act.-1 902.
(5) Subscribers who are annnitants for life shall be eligible to be |
members of the Board.
in the office of member of the Board, namely :-
Death, lunacy, idiocy, insolvency, the execution of a statutory deed of assignment for the benefit of creditors, any statutory composition made with creditors, or conviction for felony or misdemeanor:
Absence from the State without the leave of the Board during the holding of three consecutive ordinary meetings, or failure to attend three consecutive ordinary meetings of the Board without sufficient cauee, followed in either case by a resolution of the Board, passed at or before the next succeed- ing ordinary meeting ofdle Board, declaring the office vacant, which resolution the Board may pass, but are
not bound topass :
As to an elected member, his ceasing to be a subscriber or his applying for an annuity on the ground of incapacity for work:Resignation by notice in writing signed by the member and posted or delivered to the chairman of the Board, or, if there shall be no such chairman, then to the executive officer.
other than the last day of any year shall be filled by the Board |
, appointing a person to take the place of the member whose office is vacant, or, when there shall not be sufficient members of the Board to form a quorum, by the Governor appointing a person to take the place of such mt~mber. Any member appointed under this section shall retire when the member whose place he takes would have retired had no such casual vacancy occurred, and on
appointed or elected, as the case may be, as if the retirement | such retirement the successor of the retiring member shall be | been that of the member whose place has been so taken. | Subject |
to the regulations for the time being in force relating to a quorum,
by vacancy. the powers of the Board shall not be affected b y any diminution
in the number of its members, or by any vacancy in the office of
member.
8. Upon the appointment or election of any person as a member~ ~ ~; e ~ o; ~ ~ ~ t - of the Board, notice thereof by the Chairman, or, if none, then by the Executive Officer of the Board, shall be published in the
Govertz- ment Gazette, and theGovernment Gcrzette containinp such notice shall be conclusive evidence of such appointment or election.
until a period of
six months shall have elapsed after he has ceasedto be a member of the Board, borrow from the Fund.
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The Publzc $ervice Supemnnuation Fund Act.-1 902.
Proteotion to member8
( a ) Appoint such officers, clerks, and servants as they shall think necessary for efficiently conducting the affairs of the Fund:
( b ) Pay and allow such salaries and emoluments as the Board
shall think fit:
(c) From time to time remove from office any officer, clerk, or
servant, and re-appoint him, or appoint another in hie
place.
(2) Any person in the Public Service appointed under sub-
section
Board, be deemed to be still in the Public S~rvice.
Fnnd," shall he formed by the snhscriptions to be paid hy subscribers and by the moneys which may be received for the purchase of status, and the interest arising from the investment of such subscriptions and moneys. The Fund shall be exempt from income tax and from all other taxation whatsoever.
investment |
mallagement of the Board, who may invest the same on deposit with the Treasurer, or
it) tiny bank, or upon first mortgage of the fee- simple of land in South Australia, or upon Goverllment securities of the Commonw~alth of Australia, or of any State of the said Common- wealth, or upon securities guaranteed by the Government of the said Commonwealth or ofally such State, or upon the securities of any Municipal Corporation in South Australia, or upon any other securities authorised by law for the investment of trust funds.
following | purposes: - |
I. Payment of the expenses of management, including the pity-
ment of an amount not exceeding One Pound One Shilling
per meeting to each member of the Board:
z0 EDWARDI VII, No.792.
The Public Service Superannuation Fund Act.-1902. I I. Providing annuities-
(a) For subscribers having a status of not less than twenty years with respect to the Fund on their retirement from the Public Service on or after attaining the pre- scribed age:
( 6 ) For subscribers having such status as may be prescribedduring incapacity for work by reason of ill health or
infirmity:
111. Pioviding annuities for widows of male subscribers and forchildren of male subscribers:
rv. Payment of money to any subscriber ceasing by reason ofdismissal from the Public Service or otherwise to be a
subscriber.
I. Any of the following persons may be, with the consent of the Board, but shall not be compelled to be, a subscriberto the fund: -
(a) Any officer not within division
( 6 ) of this sub-section now in the Public Service who, being a male, is now receiving One Hundred Pounds or more per annum, or, being a female, is now receiving Seventy-five Pounds or more per annum:.
( b ) Any person now in or hereafter entering the Railway Service or the Police Service, or now capable or here- after becoming capable of subscribing to the Public School Teachers' Superannuation Fund.
C0mpu1*v sub-
+ | annum, npon his entering into receipt of One Hundred Pounds or more per annum: |
( b ) Every female officer now in the Public Service, and not within division( b ) of sub-section I. of this section, who is now receiving less than Seventy-five Pounds per annum, upon her entering into receipt of Seventy-five Pounds or more per annum:(c) Every person hereafter entering the Public Service, and not within division
( 6 ) of sub-section I. of this section, who, beinga male, shall enter into receipt of One Hundred Pounds or more per annum; or who, being a female, shall enter into receipt of SevenQ-five Pounds or more per annum.
16, Unless
2' EDWARDI VII, No.792.
The Public Service Supera?tnuation Fund Act.-1902.
Maximum and
(1) The maximum annual subscription shall be as follows:-- |
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Pay. |
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l
P~ovided that, in computing the maximum amount of subscription of any person who shall also be a subscriber to the Public School Teachers' Superannuation Fund, the amount subscribed by such person to that fund shall be included.
(2) The minimum annual subscriptions shall be, for males Eight Pounds, and for females Six Pounds.
subscriptions due by each subscriber in the Public Service on pay, and the Minister c-ontrolling the department to which the subscriber belongs shall deduct such payments from the pay of the subscriber.
allowance under the provisions of the Civil Service Act, 1874," and the " Civil Service .-\ mendment Act, l88 1," or to an allowance under any Government departmental regulations, may, with the sanction of the llinister and of the Board, and notwithstanding | anything t o tht. contrary contained in any Act heretofore passed, | assigu such dlowance or any part thereof, with all interest thereon, |
to the Board, in the prescribed form, for the purchase of status witvh respect to the Fund. Any such purchase shall be cenditional on the Boitrd receiving the allowance and the interest (if any) assigned; and if the moneys received by the Board shall be less than contemplated at the time of the purchase, the status shall be proportionately reduced. |
(2) Any officer may, with the consent of the Board, purchase bya money payment status with respect to the Fund.
In the event of any subscriber of the Public School |
Teachers' Superannuation Fund being transferred from the Educa- | |||
tion Department to some other branch of the Public Service of | |||
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Australia, it shall be lawful, notwithstanding such transfer, for the Board of Management of the Public School Teachers' Super- |
annuation
2" EDWARDI VII, No.792.
annuation Fund, if it think fit, to continue such subscriber so long as he shall remain in the Public Service of South Australia or of the Commonwealth of Australia in employment approved by the said Board of Management, a5 a subscriber of the Public School Teachers' Superannuation Fund.
twenty years, or shall have acquired a status with respect to the Fund equivalent to twenty years' subscription, and shall have attained the prescribed age, shall, on retiring from the Public Service, be entitled to receive the prescribed annuity for the remainder of his life.
('L) | Every other annuity shall be granted for not more than one |
year at a time, and a fresh applicetio~i | from the subscriber shall |
each time be necessary. |
of absence without pay, in the Public Service passes to the receipt |
of an annuity other than an annuity for his life, the following con- | for |
ditions shall apply for a period of | two years :- |
( a ) He shall during the continuance of such annuity or any renewal thereof be held to be on leave of absence without pay, and shall not by rcnson of absence from active service
forfeit his seniority or status in the Public Sarvice. |
( b ) The period of such continuance shall not count as service,but neither shall it in the event of his re-employment in the Public Service be held to constitute a break in the continuity of his service:
(c) Upon regaining, in the opinion of the Board, capacity for work, the Governor may appoint him to such vacant position in the Public Service as his seniority and then
capacity for work and efficiency may, in the opinion of the | Governor, entitle him to: |
(d) If he refuses re-employmellt in the Public Service when so offered he shall cease to be a subscriber, and shall not be entitled to any further annuity out of the Fund, and any moneys he shall have received by way of annuity shall be deducted from the sum repayable to him out of the Fund upon his so ceasing to be a subscriber.
t c m t s. |
assigned, transferred, charged, encumbered, or otherwise parted with by the person entitled or contingently entitled thereto, in possession, expectancy, or otherwise; nor shall
any such annuity be attached or taken in execution under the process of any Court, nor, in the event of the insolvency of or statutory assignment or composition by such person, vest in the assignee or trustee of his estate; but every such annuity shall be an inalienable personal provision for the person entitled thereto.24. During
2" EDWARDI VII, No.792.
The Public Service Superannuation find Act.-1902.
Government
every year be audited by the Commissioner of Audit.
(a) The actuarial soundness of the Fund:
( b ) The fullest benefits to subscribers consistent with such sound-ness.
28, The Board, with the sanction of the Governor, may, from
time to time, make, alter, and revoke regulations for all or any of
the following purposes, that is to say-
ministration of the Fund or otherwise for the purpose of this Act: |
( b ) Regulating the security to be given by such persons orany ofthem:
(c) Fixing the mode of subscribing, and fixing, increasing, or reducing the subscriptions to be paid, and the benefits to be taken by subscribers, their widows and children, whether already receiving annuities or not, or by any particular class or classes of subscribers, their widows and children, or in special cases by any individual subscriber or sub- scribers, their widows and children, on the ground of special eligibility, previous subscription to the Fund, or
ill health, or on any other ground that shall appear
reasonable to the Board, and the proportion of money
to be repaid to subscribers ceasing to be subscribers:
EDWARDI VII, No. |
The Public Sewzce Sgperannuation Fund Act.--1902.
( d ) Prescribing conditions as to age and medical examination:
( e ) Providing for policies to be taken out by subscribers:
(f) | The continuance as a subscriber of any officer transferred from the Public Service of South ,Qustralia to the Public Service of the Commonwealth of Australia during such period as such officer shall remain in such last-mentioned Public Service; and the continuance for any period not exceeding three years as a subscriber of any officer leaving the Public Service of South Australia, otherwise than to enter the Public Service of the said Commonwealth, in any case where the Board shall think it probable that such officer may re-enter the Public Service of South Aushalia: |
(g) Prescribing the modes of purchasing status in respect of the Fund, whether by cash payments or by assignments of retiring allowances or otherwise, and prescribing and for increasing or reducing the amounts to be paid for the purchase of status:
( h ) Prescribing the times and manner of elections of members ofthe Board:
( i ) Regulating the meetings of the Board, and the times and placee of and the quorum and proceedings at such meetings, the custody of the common seal, and the mode of its use:
the chairman: |
(k) Prescribing forms necessary or expedient for carrying out this
Act:
( I ) For holding meetings of subscribers, and regulating the pro-ceedings thereat:
(m) Carrying out the objects of this Act, and to meet any par-
ticular case that may arise.
In the construction of this section general words shall not be |
limited or controlled by particular words.
force of law; and the
within fourteen days after the publication thereof, if Parliament be then sitting, and if Parliament be not sitting, then within fourteen
days after the comniencement of the next sitting of Parliament.
30. This Act shall not apply to the Judges of the SupremeNO^ toapply to
Court or to any Judge of the Northern Territory. |
I n the name and on behalf of His Majesty, I hereby assent to
this Bill.
S. J. WAY, LieutenanbGovernor.
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