Superannuation Act (No. 2) 1965

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Legislation au C1965A00154 In force Act

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Superannuation (No. 2)

No. 154 of 1965

An Act to amend the law relating to Superannuation in connexion with Decimal Currency.

[Assented to 18 December, 1965]

BE it enacted by the Queen’s Most Excellent Majesty, the Senate, and the House of Representatives of the Commonwealth of Australia, as follows:—

Part I.—Preliminary.

Short title end citation.

1.—(1.) This Act may be cited as the Superannuation Act (No. 2) 1965.

(2.) The Superannuation Act 1922–1963, as amended by the Superannuation Act 1965, is in this Act referred to as the Principal Act.

(3.) Section 1 of the Superannuation Act 1965 is amended by omitting sub-section (3.)

(4.) The Principal Act, as amended by this Act, may be cited as the Superannuation Act 1922–1965.

Commencement.

2. This Act shall come into operation on the fourteenth day of February, One thousand nine hundred and sixty-six.

Parts.

3. This Act is divided into Parts, as follows:—

Part I.—Preliminary (Sections 1–3).

Part II.—Amendments of the Principal Act (Sections 4–5).

Part III.—Miscellaneous (Sections 6–11).

Part II.—Amendments of the Principal Act.

Schedules to Principal Act.

4. The Third, Fourth, Fifth and Sixth Schedules to the Principal Act are repealed and the Schedules set out in the First Schedule to this Act are inserted in their stead.

Additional amendments of the Principal Act.

5. The Principal Act, as amended by the last preceding section, is amended as set out in the Second Schedule to this Act.

Part III.—Miscellaneous.

Definitions.

6. In this Part—

“decimal currency” means the currency provided for by the Currency Act 1965;

“the commencing date” means the date of commencement of this Act;

“the Fund” means the Superannuation Fund;

“the previous currency” means the currency provided for by the Coinage Act 1909–1947.

Calculations of currency equivalents.

7.—(1.) For the purposes of this Part, the amount of money in decimal currency that corresponds to an amount of money in the previous currency shall, subject to the next succeeding sub-section, be calculated on the basis of the equivalents specified in sub-section (4.) of section 8 of the Currency Act 1965.

(2.) Where an amount of money in the previous currency is an amount of pounds, shillings and pence, pounds and pence, shillings and pence or pence, the corresponding amount in decimal currency shall be calculated on the basis that an amount of pence specified in the first column of the table set out in sub-section (3.) of section 11 of the Currency Act 1965 corresponds to the amount of cents specified in the second column of that table opposite to that amount of pence.

Conversion of certain contributions to decimal currency.

8. Where—

(a) a person was, immediately before the commencing date, required—

(i) to make contributions to the Fund under sub-section (4.) of section 26 of the Principal Act; or

(ii) to make contributions to the Fund calculated otherwise than by reference to any of the tables in the Schedules to the Principal Act; and

(b) he is, after the commencement of this Act, required to continue to make contributions of that kind to the Fund,

the rate in decimal currency of those contributions shall, notwithstanding anything contained in the Principal Act as amended by this Act, be the rate corresponding to the rate in the previous currency that would, but for the enactment of the Currency Act 1965 and this Act, have been the rate of those contributions.

Payment of existing pensions in decimal currency.

9. Where a pension was payable under the Principal Act to or in respect of a person immediately before the commencing date, the amount of any payment of that pension in decimal currency after the commencement of this Act shall be the amount that corresponds to the amount in the previous currency that would, but for the enactment of the Currency Act 1965 and this Act, have been payable.

Employees paid in sterling.

10.—(1.) Where—

(a) a person was, immediately before the commencing date, required to make contributions to the Fund in respect of units of pension;

(b) sub-section (1.) of section 144 of the Principal Act applied for the purpose of calculating those contributions; and

(c) he is required to continue to make contributions to the Fund in sterling in respect of those units of pension after the commencement of this Act,

the rate of those contributions shall, notwithstanding anything contained in the Principal Act as amended by this Act, be the rate that would, but for the enactment of the Currency Act 1965 and this Act, have been the rate of those contributions.

(2.) Where—

(a) a pension was payable under the Principal Act to or in respect of a person immediately before the commencing date; and

(b) sub-section (1.) of section 144 of the Principal Act applied for the purpose of calculating that pension,

the amount of any payment of that pension in sterling after the commencement of this Act shall be the amount that would, but for the enactment of the Currency Act 1965 and this Act, have been payable.

Schedule to Superannuation Act 1963.

11.—(1.) The Schedule to the Superannuation Act 1963 is repealed and the Schedule set out in the Third Schedule to this Act is inserted in its stead.

(2.) The Superannuation Act 1963, as amended by this Act, may be cited as the Superannuation Act 1963–1965.

THE SCHEDULES

——

FIRST SCHEDULE Section 4.

“THIRD SCHEDULE Section 23 (1.).

Rates of Contribution

Table I.

Rates of Contribution to be paid Fortnightly by Male Contributors for Units of Pension where the Obligation to Contribute for those Units existed on or before 2nd November, 1942, based on a Retiring Age of 65 years and the Age next Birthday of the Contributor when that Obligation came into existence.

Column 1	Column 2	Column 3	Column 4	Column 5	Column 6
Age next Birthday	Contribution for First Two Units	Contribution for each Additional Two Units where Contributor is already a Contributor for Two or more Units	Age next Birthday	Contribution for First Two Units	Contribution for each Additional Two Units where Contributor is already a Contributor for Two or more Units
	$	$		$	$
15............	0.22	0.20	41..............	0.76	0.68
16............	0.22	0.20	42..............	0.80	0.72
17............	0.24	0.22	43..............	0.84	0.78
18............	0.26	0.22	44..............	0.88	0.82
19............	0.26	0.24	45..............	0.92	0.86
20............	0.28	0.24
			46..............	0.98	0.92
21............	0.30	0.26	47..............	1.04	0.98
22............	0.32	0.28	48..............	1.12	1.08
23............	0.32	0.28	49..............	1.20	1.16
24............	0.34	0.30	50..............	1.30	1.24
25............	0.36	0.32
			51..............	1.40	1.36
26............	0.38	0.34	52..............	1.52	1.48
27............	0.40	0.36	53..............	1.64	1.62
28............	0.42	0.38	54..............	1.80	1.78
29............	0.44	0.38	55..............	1.98	1.96
30............	0.46	0.40
			56..............	2.20	2.18
31............	0.48	0.42	57..............	2.48	2.46
32............	0.50	0.44	58..............	2.84	2.80
33............	0.52	0.46	59..............	3.30	3.28
34............	0.54	0.48	60..............	3.96	3.92
35............	0.56	0.50
			61..............	4.96	4.92
36............	0.58	0.52	62..............	6.62	6.58
37............	0.62	0.56	63..............	9.98	9.94
38............	0.64	0.58	64..............	20.16	20.08
39............	0.68	0.62	65..............	20.56	20.48
40............	0.72	0.66

First Schedule—continued

“Third Schedule—continued

Table II.

Rates of Contribution to be paid Fortnightly by Female Contributors for Units of Pension where the Obligation to Contribute for those Units existed on or before 2nd November, 1942, based on a Retiring Age of 65 years and the Age next Birthday of the Contributor when that Obligation came into existence.

Column 1	Column 2	Column 3	Column 4
Age next Birthday	Contribution for each Two Units	Age next Birthday	Contribution for each Two Units
	$		$
15..........	0.14
16..........	0.14	41..............	0.54
17..........	0.14	42..............	0.58
18..........	0.16	43..............	0.62
19..........	0.16	44..............	0.66
20..........	0.18	45..............	0.72
21..........	0.18	46..............	0.76
22..........	0.18	47..............	0.82
23..........	0.20	48..............	0.88
24..........	0.22	49..............	0.96
25..........	0.22	50..............	1.04
26..........	0.24	51..............	1.14
27..........	0.24	52..............	1.26
28..........	0.26	53..............	1.38
29..........	0.28	54..............	1.52
30..........	0.28	55..............	1.68
31..........	0.30	56..............	1.88
32..........	0.32	57..............	2.14
33..........	0.34	58..............	2.48
34..........	0.36	59..............	2.90
35..........	0.38	60..............	3.50
36..........	0.40	61..............	4.42
37..........	0.42	62..............	5.96
38..........	0.44	63..............	9.06
39..........	0.48	64..............	18.46
40..........	0.52	65..............	18.82

First Schedule—continued

“Third Schedule—continued

Table III.

Rates of Contribution to be paid Fortnightly by Male Contributors for Units of Pension where the Obligation to Contribute for those Units existed on or before 2nd November, 1942, based on a Retiring Age of 60 years and the Age next Birthday of the Contributor when that Obligation came into existence.

Column 1	Column 2	Column 3
Age next Birthday	Contribution for First Two Units	Contribution for each Additional Two Units where Contributor is already a Contributor for Two or more Units
	$	$
15	0.26	0.24
16	0.26	0.24
17	0.28	0.26
18	0.30	0.26
19	0.32	0.28
20	0.32	0.30
21	0.34	0.32
22	0.36	0.32
23	0.38	0.34
24	0.40	0.36
25	0.42	0.38
26	0.46	0.40
27	0.48	0.42
28	0.50	0.44
29	0.52	0.48
30	0.54	0.50
31	0.58	0.52
32	0.60	0.54
33	0.64	0.58
34	0.68	0.62
35	0.70	0.64
36	0.74	0.68
37	0.80	0.72
38	0.84	0.78
39	0.88	0.82
40	0.94	0.88
41	1.00	0.94
42	1.08	1.00
43	1.14	1.08
44	1.24	1.18
45	1.34	1.28
46	1.44	1.38
47	1.58	1.52
48	1.72	1.66
49	1.90	1.84
50	2.12	2.06
51	2.38	2.32
52	2.70	2.64
53	3.12	3.06
54	3.68	3.62
55	4.48	4.42
56	5.66	5.60
57	7.64	7.56
58	11.62	11.52
59	23.60	23.44
60	24.08	23.92

First Schedule—continued

“Third Schedule—continued

Table IV.

Rates of Contribution to be paid Fortnightly by Female Contributors for Units of Pension where the Obligation to Contribute for those Units existed on or before 2nd November, 1942, based on a Retiring Age of 60 years and the Age next Birthday of the Contributor when that Obligation came into existence.

Column 1	Column 2	Column 3	Column 4
Age next Birthday	Contribution for each Two Units	Age next Birthday	Contribution for each Two Units
	$		$
15	0.18	41	0.80
16	0.18	42	0.86
17	0.20	43	0.92
18	0.20	44	1.00
19	0.22	45	1.10
20	0.22
		46	1.20
21	0.24	47	1.32
22	0.24	48	1.46
23	0.26	49	1.62
24	0.28	50	1.82
25	0.30
		51	2.08
26	0.32	52	2.38
27	0.32	53	2.78
28	0.34	54	3.30
29	0.36	55	4.04
30	0.38
		56	5.14
31	0.42	57	7.00
32	0.44	58	10.72
33	0.46	59	21.92
34	0.50	60	22.28
35	0.52
36	0.56
37	0.60
38	0.64
39	0.68
40	0.74

First Schedule—continued

“Third Schedule—continued

Table V.

Rates of Contribution to be paid Fortnightly by Male Contributors for Units of Pension based on a Retiring Age of 65 years and the Age next Birthday of the Contributor when the Obligation to Contribute for those Units came into existence.

Column 1	Column 2	Column 3	Column 4
Age next Birthday	Contribution for First Two Units, where the Obligation to Contribute For those Unit came into existence after 2nd November, 1942, and before 14th December, 1959	Contribution for each Additional Two Units where Contributor is already a Contributor for Two or more Units and the Obligation to Contribute for those Additional Units came into existence after 2nd November. 1942, and before 1st November, 1951	Contribution for each Additional Unit where Contributor is already a Contributor for Two or more Units and the Obligation to Contribute for that Additional Unit came into existence on or after 1st November. 1951, and before 14th December, 1959
	$	$	$
15	0.22	0.20	0.10
16	0.22	0.20	0.10
17	0.24	0.22	0.11
18	0.24	0.22	0.11
19	0.26	0.24	0.12
20	0.28	0.26	0.13
21	0.30	0.28	0.14
22	0.30	0.30	0.15
23	0.32	0.32	0.16
24	0.34	0.32	0.16
25	0.36	0.34	0.17
26	0.38	0.36	0.18
27	0.40	0.38	0.19
28	0.42	0.40	0.20
29	0.42	0.40	0.20
30	0.44	0.42	0.21
31	0.46	0.44	0.22
32	0.50	0.48	0.24
33	0.52	0.50	0.25
34	0.54	0.52	0.26
35	0.56	0.54	0.27
36	0.58	0.56	0.28
37	0.60	0.58	0.29
38	0.64	0.62	0.31
39	0.68	0.66	0.33
40	0.72	0.70	0.35
41	0.76	0.74	0.37
42	0.82	0.78	0.39
43	0.86	0.82	0.41
44	0.92	0.88	0.44
45	0.96	0.94	0.47
46	1.04	1.02	0.51
47	1.12	1.10	0.55
48	1.20	1.18	0.59
49	1.32	1.28	0.64
50	1.42	1.38	0.69

First Schedule—continued

“Third Schedule—continued

Table V.—continued

Column 1	Column 2	Column 3	Column 4
	$	$	$
51	1.52	1.50	0.75
52	1.68	1.66	0.83
53	1.86	1.82	0.91
54	2.06	2.02	1.01
55	2.30	2.26	1.13
56	2.58	2.56	1.28
57	2.96	2.92	1.46
58	3.42	3.40	1.70
59	4.06	4.02	2.01
60	4.92	4.88	2.44
61	6.16	6.12	3.06
62	8.18	8.14	4.07
63	12.26	12.20	6.10
64	24.24	24.12	12.06
65	24.50	24.40	12.20

First Schedule—continued

“Third Schedule—continued

Table VI.

Rates of Contribution to be paid Fortnightly by Female Contributors for Units of Pension based on a Retiring Age of 65 years and the Age next Birthday of the Contributor when the Obligation to Contribute for those Units came into existence.

Column 1	Column 2	Column 3
Age next Birthday	Contribution for First Two Units where the Obligation to Contribute for those Units came into existence after 2nd November, 1942, and before 14th December, 1959; and Contribution for each Additional Two Units where Contributor is already a Contributor for Two or more Units and the Obligation to Contribute for those Additional Units came into existence after 2nd November, 1942, and before 1st November, 1951	Contribution for each Additional Unit where Contributor is already a Contributor for Two or more Units and the Obligation to Contribute for that Additional Unit came into existence on or after 1st November, 1951, and before 14th December, 1959
	$	$
15	0.20	0.10
16	0.20	0.10
17	0.22	0.11
18	0.22	0.11
19	0.24	0.12
20	0.26	0.13
21	0.28	0.14
22	0.30	0.15
23	0.32	0.16
24	0.34	0.17
25	0.36	0.18
26	0.38	0.19
27	0.38	0.19
28	0.40	0.20
29	0.42	0.21
30	0.44	0.22
31	0.48	0.24
32	0.50	0.25
33	0.52	0.26
34	0.54	0.27
35	0.58	0.29
36	0.60	0.30
37	0.64	0.32
38	0.68	0.34
39	0.72	0.36
40	0.76	0.38
41	0.80	0.40
42	0.86	0.43
43	0.90	0.45
44	0.96	0.48
45	1.02	0.51
46	1.10	0.55
47	1.18	0.59
48	1.28	0.64
49	1.38	0.69
50	1.50	0.75

First Schedule—continued

“Third Schedule—continued

Table VI.—continued

Column 1	Column 2	Column 3
	$	$
51	1.66	0.83
52	1.82	0.91
53	2.02	1.01
54	2.26	1.13
55	2.56	1.28
56	2.92	1.46
57	3.40	1.70
58	3.98	1.99
59	4.76	2.38
60	5.84	2.92
61	7.28	3.64
62	9.46	4.73
63	13.20	6.60
64	25.08	12.54
65	25.36	12.68

First Schedule—continued

“Third Schedule—continued

Table VII.

Rates of Contribution to be paid Fortnightly by Male Contributors for Units of Pension based on a Retiring Age of 60 years and the Age next Birthday of the Contributor when the Obligation to Contribute for those Units came into existence.

Column 1	Column 2	Column 3	Column 4
Age next Birthday	Contribution for First Two Units, where the Obligation to Contribute for those Units came into existence after 2nd November, 1942, and before 14th December, 1959	Contribution for each Additional Two Units where Contributor is already a Contributor for Two or more Units and the Obligation to Contribute for those Additional Units came into existence after 2nd November, 1942, and before 1st November, 1951	Contribution for each Additional Unit where Contributor is already a Contributor for Two or more Units and the Obligation to Contribute for that Additional Unit came into existence on or after 1st November, 1951, and before 14th December, 1959
	$	$	$
15	0.28	0.28	0.14
16	0.28	0.28	0.14
17	0.30	0.28	0.14
18	0.32	0.30	0.15
19	0.34	0.32	0.16
20	0.36	0.34	0.17
21	0.38	0.36	0.18
22	0.38	0.36	0.18
23	0.40	0.38	0.19
24	0.42	0.40	0.20
25	0.44	0.42	0.21
26	0.48	0.46	0.23
27	0.50	0.48	0.24
28	0.52	0.50	0.25
29	0.54	0.52	0.26
30	0.58	0.56	0.28
31	0.60	0.58	0.29
32	0.64	0.62	0.31
33	0.68	0.66	0.33
34	0.72	0.70	0.35
35	0.76	0.72	0.36
36	0.80	0.78	0.39
37	0.86	0.82	0.41
38	0.90	0.88	0.44
39	0.96	0.94	0.47
40	1.02	1.00	0.50
41	1.10	1.08	0.54
42	1.18	1.16	0.58
43	1.28	1.24	0.62
44	1.36	1.34	0.67
45	1.48	1.46	0.73
46	1.62	1.58	0.79
47	1.78	1.74	0.87
48	1.94	1.92	0.96
49	2.16	2.12	1.06
50	2.42	2.38	1.19

First Schedule—continued

“Third Schedule—continued

Table VII.—continued

Column 1	Column 2	Column 3	Column 4
	$	$	$
51	2.72	2.68	1.34
52	3.12	3.08	1.54
53	3.60	3.56	1.78
54	4.28	4.22	2.11
55	5.20	5.14	2.57
56	6.60	6.54	3.27
57	8.90	8.82	4.41
58	13.52	13.42	6.71
59	27.30	27.14	13.57
60	27.56	27.40	13.70

First Schedule—continued

“Third Schedule—continued

Table VIII.

Rates of Contribution to be paid Fortnightly by Female Contributors for Units of Pension based on a Retiring Age of 60 years and the Age next Birthday of the Contributor when the Obligation to Contribute for those Units came into existence.

Column 1	Column 2	Column 3
Age next Birthday	Contribution for First Two Units where the Obligation to Contribute for those Units came into existence after 2nd November, 1942, and before 14th December, 1959; and Contribution for each Additional Two Units where Contributor is already a Contributor for Two or more Units and the Obligation to Contribute for those Additional Units came into existence after 2nd November, 1942, and before 1st November, 1951	Contribution for each Additional Unit where Contributor is already a Contributor for Two or more Units and the Obligation to Contribute for that Additional Unit came into existence on or after 1st November, 1951, and before 14th December, 1959
	$	$
15	0.24	0.12
16	0.24	0.12
17	0.26	0.13
18	0.28	0.14
19	0.30	0.15
20	0.32	0.16
21	0.36	0.18
22	0.38	0.19
23	0.40	0.20
24	0.42	0.21
25	0.44	0.22
26	0.46	0.23
27	0.48	0.24
28	0.52	0.26
29	0.54	0.27
30	0.58	0.29
31	0.60	0.30
32	0.64	0.32
33	0.68	0.34
34	0.72	0.36
35	0.76	0.38
36	0.80	0.40
37	0.86	0.43
38	0.92	0.46
39	0.98	0.49
40	1.04	0.52
41	1.10	0.55
42	1.18	0.59
43	1.28	0.64
44	1.38	0.69
45	1.50	0.75
46	1.62	0.81
47	1.78	0.89
48	1.96	0.98
49	2.16	1.08
50	2.42	1.21

First Schedule—continued

“Third Schedule—continued

Table VIII.—continued

Column 1	Column 2	Column 3
	$	$
51	2.74	1.37
52	3.12	1.56
53	3.62	1.81
54	4.30	2.15
55	5.24	2.62
56	6.66	3.33
57	9.00	4.50
58	13.62	6.81
59	27.30	13.65
60	27.56	13.78

First Schedule—continued

“Third Schedule—continued

Table IX.

Rates of Contribution to be paid Fortnightly by Male Contributors for Units of Pension (other than Units of Pension to which paragraph (a) of sub-section (3.) of section 23 applies) where the Obligation to Contribute for those Units came into existence on or after 14th December, 1959, and before 1st July, 1962, based on a Retiring Age of 65 years and the Age next Birthday of the Contributor when that Obligation came into existence.

Column 1	Column 2
Age next Birthday	Contribution for Each Unit
	$
15....................................	0.11
16....................................	0.11
17....................................	0.12
18....................................	0.12
19....................................	0.13
20....................................	0.14
21....................................	0.14
22....................................	0.15
23....................................	0.16
24....................................	0.16
25....................................	0.17
26....................................	0.18
27....................................	0.19
28....................................	0.20
29....................................	0.21
30....................................	0.22
31....................................	0.23
32....................................	0.24
33....................................	0.25
34....................................	0.27
35....................................	0.28
36....................................	0.30
37....................................	0.31
38....................................	0.33
39....................................	0.35
40....................................	0.37
41....................................	0.39
42....................................	0.42
43....................................	0.44
44....................................	0.47
45....................................	0.50
46....................................	0.54
47....................................	0.58
48....................................	0.63
49....................................	0.68
50....................................	0.73
51....................................	0.80
52....................................	0.87
53....................................	0.96
54....................................	1.06
55....................................	1.18
56....................................	1.33
57....................................	1.51
58....................................	1.74
59....................................	2.04
60....................................	2.46
61....................................	3.09
62....................................	4.13
63....................................	6.19
64....................................	12.30
65....................................	12.82

First Schedule—continued

“Third Schedule—continued

Table X.

Rates of Contribution to be paid Fortnightly by Female Contributors for Units of Pension where the Obligation to Contribute for those Units came into existence on or after 14th December, 1959, and before 1st July, 1962, based on a Retiring Age of 65 years and the Age next Birthday of the Contributor when that Obligation came into existence.

Column 1	Column 2
Age next Birthday	Contribution for Each Unit
	$
15.....................................	0.08
16.....................................	0.08
17.....................................	0.09
18.....................................	0.10
19.....................................	0.11
20.....................................	0.12
21.....................................	0.13
22.....................................	0.14
23.....................................	0.15
24.....................................	0.16
25.....................................	0.17
26.....................................	0.18
27.....................................	0.19
28.....................................	0.20
29.....................................	0.21
30.....................................	0.22
31.....................................	0.23
32.....................................	0.24
33.....................................	0.25
34.....................................	0.27
35.....................................	0.28
36.....................................	0.30
37.....................................	0.31
38.....................................	0.33
39.....................................	0.35
40.....................................	0.37
41.....................................	0.39
42.....................................	0.42
43.....................................	0.44
44.....................................	0.47
45.....................................	0.50
46.....................................	0.54
47.....................................	0.58
48.....................................	0.62
49.....................................	0.67
50.....................................	0.72
51.....................................	0.78
52.....................................	0.85
53.....................................	0.94
54.....................................	1.03
55.....................................	1.15
56.....................................	1.29
57.....................................	1.47
58.....................................	1.70
59.....................................	2.00
60.....................................	2.41
61.....................................	3.03
62.....................................	4.05
63.....................................	6.06
64.....................................	11.99
65.....................................	12.13

First Schedule—continued

“Third Schedule—continued

Table XI.

Rates of Contribution to be paid Fortnightly by Male Contributors for Units of Pension (other than Units of Pension to which paragraph (a) of sub-section (3.) of section 23 applies) where the Obligation to Contribute for those Units came into existence on or after 14th December, 1959, and before 1st July, 1962, based on a retiring age of 60 years and the age next birthday of the Contributor when that Obligation came into existence.

Column 1	Column 2
Age next Birthday	Contribution for Each Unit
	$
15.....................................	0.14
16.....................................	0.14
17.....................................	0.14
18.....................................	0.15
19.....................................	0.16
20.....................................	0.17
21.....................................	0.18
22.....................................	0.19
23.....................................	0.20
24.....................................	0.21
25.....................................	0.22
26.....................................	0.23
27.....................................	0.24
28.....................................	0.26
29.....................................	0.27
30.....................................	0.29
31.....................................	0.30
32.....................................	0.32
33.....................................	0.34
34.....................................	0.36
35.....................................	0.38
36.....................................	0.40
37.....................................	0.43
38.....................................	0.46
39.....................................	0.49
40.....................................	0.52
41.....................................	0.56
42.....................................	0.60
43.....................................	0.65
44.....................................	0.70
45.....................................	0.76
46.....................................	0.83
47.....................................	0.91
48.....................................	1.00
49.....................................	1.11
50.....................................	1.24
51.....................................	1.40
52.....................................	1.60
53.....................................	1.85
54.....................................	2.19
55.....................................	2.66
56.....................................	3.37
57.....................................	4.53
58.....................................	6.85
59.....................................	13.68
60.....................................	14.44

First Schedule—continued

“Third Schedule—continued

Table XII.

Rates of Contribution to be paid Fortnightly by Female Contributors for Units of Pension where the Obligation to Contribute for those Units came into existence on or after 14th December, 1959, and before 1st July, 1962, based on a Retiring Age of 60 years and the Age next Birthday of the Contributor when that Obligation came into existence.

Column 1	Column 2
Age next Birthday	Contribution for Each Unit
	$
15.....................................	0.09
16.....................................	0.09
17.....................................	0.11
18.....................................	0.12
19.....................................	0.14
20.....................................	0.15
21.....................................	0.16
22.....................................	0.17
23.....................................	0.18
24.....................................	0.20
25.....................................	0.21
26.....................................	0.22
27.....................................	0.24
28.....................................	0.25
29.....................................	0.26
30.....................................	0.28
31.....................................	0.30
32.....................................	0.32
33.....................................	0.34
34.....................................	0.36
35.....................................	0.38
36.....................................	0.40
37.....................................	0.43
38.....................................	0.46
39.....................................	0.49
40.....................................	0.52
41.....................................	0.56
42.....................................	0.60
43.....................................	0.65
44.....................................	0.70
45.....................................	0.76
46.....................................	0.82
47.....................................	0.90
48.....................................	0.99
49.....................................	1.10
50.....................................	1.22
51.....................................	1.38
52.....................................	1.57
53.....................................	1.81
54.....................................	2.14
55.....................................	2.60
56.....................................	3.28
57.....................................	4.41
58.....................................	6.66
59.....................................	13.28
60.....................................	13.97

First Schedule—continued

“Third Schedule—continued

Table XIII.

Rates of Contribution to be paid Fortnightly by Male Contributors for Units of Pension (other than Units of Pension to which paragraph (b) of sub-section (3.) of section 23 applies) where the Obligation to Contribute to the Fund came into existence before 14th December, 1959, but the Obligation to Contribute for those Units had not come into existence before 1st July, 1962, based on a Retiring Age of 65 years and the Age next Birthday of the Contributor when the Obligation to Contribute for those Units came or comes into existence.

Column 1	Column 2
Age next Birthday	Contribution for Each Unit
	$
15.....................................	0.08
16.....................................	0.08
17.....................................	0.08
18.....................................	0.09
19.....................................	0.10
20.....................................	0.10
21.....................................	0.11
22.....................................	0.11
23.....................................	0.12
24.....................................	0.13
25.....................................	0.14
26.....................................	0.14
27.....................................	0.15
28.....................................	0.16
29.....................................	0.17
30.....................................	0.18
31.....................................	0.19
32.....................................	0.20
33.....................................	0.21
34.....................................	0.23
35.....................................	0.25
36.....................................	0.26
37.....................................	0.27
38.....................................	0.29
39.....................................	0.31
40.....................................	0.33
41.....................................	0.35
42.....................................	0.37
43.....................................	0.40
44.....................................	0.43
45.....................................	0.46
46.....................................	0.49
47.....................................	0.53
48.....................................	0.57
49.....................................	0.62
50.....................................	0.67
51.....................................	0.74
52.....................................	0.81
53.....................................	0.89
54.....................................	0.99
55.....................................	1.11
56.....................................	1.25
57.....................................	1.42
58.....................................	1.64
59.....................................	1.93
60.....................................	2.33
61.....................................	2.91
62.....................................	3.88
63.....................................	5.81
64.....................................	11.49
65.....................................	12.18

First Schedule—continued

“Third Schedule—continued

Table XIV.

Rates of Contribution to be paid Fortnightly by Male Contributors for Units of Pension where the Obligation to Contribute to the Fund came into existence on or after 14th December, 1959, but the Obligation to Contribute for those Units had not come into existence before 1st July, 1962, based on a Retiring Age of 65 years and the Age next Birthday of the Contributor when the Obligation to Contribute for those Units came or comes into existence.

Column 1	Column 2
Age next Birthday	Contribution for Each Unit
	$
15.....................................	0.08
16.....................................	0.08
17.....................................	0.08
18.....................................	0.09
19.....................................	0.09
20.....................................	0.10
21.....................................	0.11
22.....................................	0.11
23.....................................	0.12
24.....................................	0.13
25.....................................	0.13
26.....................................	0.14
27.....................................	0.15
28.....................................	0.16
29.....................................	0.17
30.....................................	0.18
31.....................................	0.19
32.....................................	0.20
33.....................................	0.21
34.....................................	0.22
35.....................................	0.24
36.....................................	0.25
37.....................................	0.27
38.....................................	0.28
39.....................................	0.30
40.....................................	0.32
41.....................................	0.34
42.....................................	0.37
43.....................................	0.40
44.....................................	0.42
45.....................................	0.45
46.....................................	0.48
47.....................................	0.52
48.....................................	0.56
49.....................................	0.61
50.....................................	0.66
51.....................................	0.72
52.....................................	0.80
53.....................................	0.88
54.....................................	0.97
55.....................................	1.09
56.....................................	1.23
57.....................................	1.40
58.....................................	1.62
59.....................................	1.90
60.....................................	2.29
61.....................................	2.87
62.....................................	3.83
63.....................................	5.73
64.....................................	11.35
65.....................................	12.03

First Schedule—continued

“Third Schedule—continued

Table XV.

Rates of Contribution to be paid Fortnightly by Female Contributors for Units of Pension where the Obligation to Contribute for those Units had not come into existence before 1st July, 1962, based on a retiring age of 65 years and the Age next Birthday of the Contributor when that Obligation came or comes into existence.

Column 1	Column 2
Age next Birthday	Contribution for Each Unit
	$
15.....................................	0.06
16.....................................	0.06
17.....................................	0.07
18.....................................	0.07
19.....................................	0.08
20.....................................	0.09
21.....................................	0.10
22.....................................	0.11
23.....................................	0.12
24.....................................	0.12
25.....................................	0.13
26.....................................	0.14
27.....................................	0.15
28.....................................	0.16
29.....................................	0.17
30.....................................	0.18
31.....................................	0.19
32.....................................	0.20
33.....................................	0.21
34.....................................	0.23
35.....................................	0.24
36.....................................	0.25
37.....................................	0.27
38.....................................	0.29
39.....................................	0.30
40.....................................	0.32
41.....................................	0.34
42.....................................	0.37
43.....................................	0.39
44.....................................	0.42
45.....................................	0.45
46.....................................	0.48
47.....................................	0.52
48.....................................	0.56
49.....................................	0.60
50.....................................	0.65
51.....................................	0.71
52.....................................	0.78
53.....................................	0.86
54.....................................	0.95
55.....................................	1.06
56.....................................	1.20
57.....................................	1.36
58.....................................	1.58
59.....................................	1.86
60.....................................	2.25
61.....................................	2.82
62.....................................	3.77
63.....................................	5.64
64.....................................	11.11
65.....................................	11.56

First Schedule—continued

“Third Schedule—continued

Table XVI.

Rates of Contribution to be paid Fortnightly by Male Contributors for Units of Pension (other than Units of Pension to which paragraph (b) of sub-section (3.) of section 23 applies) where the Obligation to Contribute to the Fund came into existence before 14th December, 1959, but the Obligation to Contribute for those Units had not come into existence before 1st July, 1962, based on a Retiring Age of 60 years and the Age next Birthday of the Contributor when the Obligation to Contribute for those Units came or comes into existence.

Column 1	Column 2
Age next Birthday	Contribution for Each Unit
	$
15.....................................	0.10
16.....................................	0.10
17.....................................	0.11
18.....................................	0.11
19.....................................	0.12
20.....................................	0.13
21.....................................	0.14
22.....................................	0.15
23.....................................	0.16
24.....................................	0.17
25.....................................	0.18
26.....................................	0.19
27.....................................	0.20
28.....................................	0.21
29.....................................	0.22
30.....................................	0.24
31.....................................	0.25
32.....................................	0.27
33.....................................	0.29
34.....................................	0.31
35.....................................	0.33
36.....................................	0.35
37.....................................	0.37
38.....................................	0.40
39.....................................	0.43
40.....................................	0.46
41.....................................	0.50
42.....................................	0.54
43.....................................	0.58
44.....................................	0.63
45.....................................	0.69
46.....................................	0.75
47.....................................	0.83
48.....................................	0.91
49.....................................	1.02
50.....................................	1.14
51.....................................	1.29
52.....................................	1.48
53.....................................	1.72
54.....................................	2.04
55.....................................	2.47
56.....................................	3.13
57.....................................	4.22
58.....................................	6.37
59.....................................	12.71
60.....................................	13.59

First Schedule—continued

“Third Schedule—continued

Table XVII.

Rates of Contribution to be paid Fortnightly by Male Contributors for Units of Pension where the Obligation to Contribute to the Fund came into existence on or after 14th December, 1959, but the Obligation to Contribute for those Units had not come into existence before 1st July, 1962, based on a Retiring Age of 60 years and the Age next Birthday of the Contributor when the Obligation to Contribute for those Units came or comes into existence.

Column 1	Column 2
Age next Birthday	Contribution for Each Unit
	$
15.....................................	0.10
16.....................................	0.10
17.....................................	0.11
18.....................................	0.11
19.....................................	0.12
20.....................................	0.13
21.....................................	0.14
22.....................................	0.14
23.....................................	0.15
24.....................................	0.16
25.....................................	0.17
26.....................................	0.18
27.....................................	0.20
28.....................................	0.21
29.....................................	0.22
30.....................................	0.24
31.....................................	0.25
32.....................................	0.27
33.....................................	0.28
34.....................................	0.30
35.....................................	0.32
36.....................................	0.35
37.....................................	0.37
38.....................................	0.40
39.....................................	0.42
40.....................................	0.46
41.....................................	0.49
42.....................................	0.53
43.....................................	0.57
44.....................................	0.62
45.....................................	0.68
46.....................................	0.75
47.....................................	0.82
48.....................................	0.90
49.....................................	1.01
50.....................................	1.13
51.....................................	1.28
52.....................................	1.46
53.....................................	1.70
54.....................................	2.01
55.....................................	2.45
56.....................................	3.10
57.....................................	4.17
58.....................................	6.30
59.....................................	12.58
60.....................................	13.45

First Schedule—continued

“Third Schedule—continued

Table XVIII.

Rates of Contribution to be paid Fortnightly by Female Contributors for Units of Pension where the Obligation to Contribute for those Units had not come into existence before 1st July, 1962, based on a retiring age of 60 years and the Age next Birthday of the Contributor when that Obligation came or comes into existence.

Column 1	Column 2
Age next Birthday	Contribution for Each Unit
	$
15.....................................	0.07
16.....................................	0.07
17.....................................	0.08
18.....................................	0.09
19.....................................	0.10
20.....................................	0.11
21.....................................	0.12
22.....................................	0.13
23.....................................	0.14
24.....................................	0.16
25.....................................	0.17
26.....................................	0.18
27.....................................	0.19
28.....................................	0.20
29.....................................	0.22
30.....................................	0.23
31.....................................	0.25
32.....................................	0.27
33.....................................	0.28
34.....................................	0.30
35.....................................	0.33
36.....................................	0.35
37.....................................	0.37
38.....................................	0.40
39.....................................	0.43
40.....................................	0.46
41.....................................	0.50
42.....................................	0.54
43.....................................	0.58
44.....................................	0.63
45.....................................	0.68
46.....................................	0.75
47.....................................	0.82
48.....................................	0.91
49.....................................	1.01
50.....................................	1.13
51.....................................	1.27
52.....................................	1.45
53.....................................	1.68
54.....................................	1.99
55.....................................	2.41
56.....................................	3.05
57.....................................	4.10
58.....................................	6.20
59.....................................	12.37
60.....................................	13.18

First Schedule—continued

“FOURTH SCHEDULE Section 23 (3.)

Table I.

Rates of Contribution to be paid Fortnightly by Male Contributors for Units of Pension to which paragraph (a) of sub-section (3.) of section 23 applies, based on the Age next Birthday of the Contributor when the Obligation to Contribute for those Units came into existence.

Column 1	Column 2
Age next Birthday	Contribution for each Additional Unit, based on a Retiring Age of—
Age next Birthday	65 Years	60 Years
	$	$
15........................	0.10	0.13
16........................	0.10	0.13
17........................	0.11	0.14
18........................	0.11	0.14
19........................	0.12	0.15
20........................	0.13	0.16
21........................	0.13	0.17
22........................	0.14	0.18
23........................	0.15	0.19
24........................	0.15	0.20
25........................	0.16	0.21
26........................	0.17	0.22
27........................	0.18	0.23
28........................	0.19	0.24
29........................	0.19	0.26
30........................	0.20	0.27
31........................	0.21	0.29
32........................	0.23	0.30
33........................	0.24	0.32
34........................	0.25	0.34
35........................	0.26	0.36
36........................	0.28	0.38
37........................	0.29	0.41
38........................	0.31	0.43
39........................	0.32	0.46
40........................	0.34	0.49
41........................	0.37	0.53
42........................	0.39	0.57
43........................	0.41	0.61
44........................	0.44	0.66
45........................	0.47	0.72
46........................	0.50	0.79
47........................	0.54	0.86
48........................	0.59	0.95
49........................	0.63	1.06
50........................	0.69	1.18
51........................	0.75	1.34
52........................	0.82	1.53
53........................	0.90	1.77
54........................	1.00	2.10
55........................	1.11	2.55
56........................	1.25	3.23
57........................	1.43	4.36
58........................	1.65	6.59
59........................	1.94	13.20
60........................	2.34	13.96
61........................	2.94
62........................	3.93
63........................	5.91
64........................	11.77
65........................	12.32

First Schedule—continued

“Fourth Schedule—continued

Table II.

Rates of Contribution to be paid Fortnightly by Male Contributors for Units of Pension to which paragraph (b) of sub-section (3.) of section 23 applies, based on the Age next Birthday of the Contributor when the Obligation to Contribute for those Units comes into existence.

Column 1	Column 2
Age next Birthday	Contribution for each Additional Unit, based on a Retiring Age of—
Age next Birthday	65 Years	60 Years
	$	$
15.........................	0.07	0.09
16.........................	0.07	0.09
17.........................	0.07	0.10
18.........................	0.08	0.10
19.........................	0.08	0.11
20.........................	0.09	0.12
21.........................	0.09	0.12
22.........................	0.10	0.13
23.........................	0.11	0.14
24.........................	0.11	0.15
25.........................	0.12	0.16
26.........................	0.13	0.17
27.........................	0.13	0.18
28.........................	0.14	0.19
29.........................	0.15	0.20
30.........................	0.16	0.22
31.........................	0.17	0.23
32.........................	0.18	0.24
33.........................	0.19	0.26
34.........................	0.20	0.28
35.........................	0.21	0.30
36.........................	0.23	0.32
37.........................	0.24	0.34
38.........................	0.26	0.37
39.........................	0.27	0.39
40.........................	0.29	0.42
41.........................	0.31	0.46
42.........................	0.33	0.49
43.........................	0.36	0.54
44.........................	0.38	0.58
45.........................	0.41	0.64
46.........................	0.44	0.70
47.........................	0.48	0.77
48.........................	0.51	0.85
49.........................	0.56	0.94
50.........................	0.61	1.06
51.........................	0.67	1.20
52.........................	0.73	1.38
53.........................	0.81	1.60
54.........................	0.90	1.90
55.........................	1.01	2.32
56.........................	1.14	2.94
57.........................	1.30	3.96
58.........................	1.51	6.00
59.........................	1.77	12.00
60.........................	2.14	12.87
61.........................	2.69
62.........................	3.60
63.........................	5.40
64.........................	10.73
65.........................	11.41

First Schedule—continued

“FIFTH SCHEDULE Section 26.

Rates of Additional Contribution, in respect of each Unit of Pension, to be paid Fortnightly by Male Contributors for an Additional Widow’s Pension, based on the Age next Birthday of the Contributor on 17th December, 1959.

Column 1	Column 2
Age next Birthday	Additional Contribution in respect of each Unit, where the Maximum Age for Retirement in respect of that Unit is—
	65 Years	60 Years
	$	$
15, 16, 17, 18 or 19..............	Nil	Nil
20.........................	0.01	0.01
21.........................	0.01	0.01
22.........................	0.01	0.01
23.........................	0.01	0.01
24.........................	0.01	0.01
25.........................	0.01	0.01
26.........................	0.01	0.01
27.........................	0.01	0.01
28.........................	0.01	0.01
29.........................	0.01	0.01
30.........................	0.01	0.01
31.........................	0.01	0.01
32.........................	0.01	0.01
33.........................	0.01	0.01
34.........................	0.01	0.01
35.........................	0.02	0.02
36.........................	0.02	0.02
37.........................	0.02	0.02
38.........................	0.02	0.02
39.........................	0.02	0.02
40.........................	0.02	0.02
41.........................	0.02	0.02
42.........................	0.02	0.02
43.........................	0.02	0.03
44.........................	0.03	0.03
45.........................	0.03	0.03
46.........................	0.03	0.03
47.........................	0.03	0.03
48.........................	0.03	0.04
49.........................	0.03	0.04
50.........................	0.04	0.04
51.........................	0.04	0.05
52.........................	0.04	0.06
53.........................	0.05	0.06
54.........................	0.05	0.07
55.........................	0.05	0.09
56.........................	0.06	0.11
57.........................	0.07	0.14
58.........................	0.08	0.20
59.........................	0.09	0.39
60.........................	0.10	0.39
61.........................	0.12	0.41
62.........................	0.16	0.44
63.........................	0.23	0.46
64.........................	0.43	0.49
65.........................	0.43	0.56
66.........................	0.43	0.56

First Schedule—continued

“SIXTH SCHEDULE Section 23 (1.).

Reduction in Rates of Contribution

Table I.

Reductions in Fortnightly Rates of Contribution payable on or after 1st July, 1962, by Male Contributors (other than Contributors who have Elected that Section 26 shall not apply to them) for Units of Pension where the Obligation to Contribute for those Units existed on or before 2nd November, 1942, based on a Retiring Age of 65 years and the Age next Birthday of the Contributor when that Obligation came into existence.

Column 1	Column 2	Column 3	Column 4
Age next Birthday	Reduction in Contribution for First Two Units	Reduction in Contribution for Additional Unit where Contributor did not become liable to Contribute for other Additional Units at the same time; and Reduction in Contribution for One of a number of Additional Units for which Contributor became liable to Contribute at the same time, being a number that is not two or a multiple of two	Reduction in Contribution for each Additional Two Units included in a number of Additional Units for which Contributor became liable to Contribute at the same time, excluding any Unit to which Column 3 of this Table applies
	$	$	$
15	0.08	0.03	0.06
16	0.08	0.03	0.06
17	0.08	0.03	0.06
18	0.10	0.03	0.06
19	0.08	0.03	0.06
20	0.10	0.03	0.06
21	0.10	0.03	0.06
22	0.10	0.03	0.06
23	0.10	0.03	0.06
24	0.10	0.03	0.06
25	0.12	0.04	0.08
26	0.12	0.04	0.08
27	0.12	0.04	0.08
28	0.12	0.04	0.08
29	0.14	0.04	0.08
30	0.14	0.04	0.08
31	0.14	0.04	0.08
32	0.14	0.04	0.08
33	0.14	0.04	0.08
34	0.14	0.04	0.08
35	0.14	0.04	0.08
36	0.14	0.04	0.08
37	0.14	0.04	0.08
38	0.14	0.04	0.08
39	0.14	0.04	0.08
40	0.14	0.04	0.08
41	0.16	0.04	0.08
42	0.16	0.04	0.08
43	0.16	0.05	0.10
44	0.16	0.05	0.10

First Schedule—continued

“Sixth Schedule—continued

Table I.—continued

Column 1	Column 2	Column 3	Column 4
	$	$	$
45	0.16	0.05	0.10
46	0.16	0.05	0.10
47	0.16	0.05	0.10
48	0.16	0.06	0.12
49	0.16	0.06	0.12
50	0.18	0.06	0.12
51	0.18	0.07	0.14
52	0.18	0.07	0.14
53	0.20	0.09	0.18
54	0.20	0.09	0.18
55	0.22	0.10	0.20
56	0.24	0.11	0.22
57	0.26	0.12	0.24
58	0.30	0.13	0.26
59	0.32	0.15	0.30
60	0.40	0.18	0.36
61	0.46	0.21	0.42
62	0.64	0.30	0.60
63	0.92	0.44	0.88
64	1.92	0.92	1.84
65	1.56	0.74	1.48

First Schedule—continued

“Sixth Schedule—continued

Table II.

Reductions in Fortnightly Rates of Contribution payable on or after 1st July, 1962, by Male Contributors (being Contributors who have Elected that Section 26 shall not apply to them) for Units of Pension where the Obligation to Contribute for those Units existed on or before 2nd November, 1942, based on a Retiring Age of 65 years and the Age next Birthday of the Contributor when that Obligation came into existence.

Column 1	Column 2	Column 3	Column 4
Ago next Birthday	Reduction in Contribution for First Two Units	Reduction in Contribution for Additional Unit where Contributor did not become liable to Contribute for other Additional Units at the same time; and Reduction in Contribution for One of a number of Additional Units for which Contributor became liable to Contribute at the same time, being a number that is not two or a multiple of two	Reduction in Contribution for each Additional Two Units included in a number of Additional Units for which Contributor became liable to Contribute at the same time, excluding any Unit to which Column 3 of this Table applies
	$	$	$
15	0.08	0.03	0.06
16	0.08	0.03	0.06
17	0.08	0.03	0.06
18	0.10	0.03	0.06
19	0.10	0.04	0.08
20	0.10	0.03	0.06
21	0.10	0.03	0.06
22	0.10	0.03	0.06
23	0.10	0.03	0.06
24	0.10	0.03	0.06
25	0.10	0.03	0.06
26	0.10	0.03	0.06
27	0.12	0.04	0.08
28	0.12	0.04	0.08
29	0.14	0.04	0.08
30	0.14	0.04	0.08
31	0.14	0.04	0.08
32	0.16	0.05	0.10
33	0.16	0.05	0.10
34	0.16	0.05	0.10
35	0.16	0.05	0.10
36	0.16	0.05	0.10
37	0.16	0.05	0.10
38	0.16	0.05	0.10
39	0.16	0.05	0.10
40	0.16	0.05	0.10
41	0.18	0.05	0.10
42	0.18	0.05	0.10
43	0.18	0.06	0.12
44	0.18	0.06	0.12

First Schedule—continued

“Sixth Schedule—continued

Table II.—continued

Column 1	Column 2	Column 3	Column 4
45	0.20	0.07	0.14
46	0.20	0.07	0.14
47	0.20	0.07	0.14
48	0.20	0.08	0.16
49	0.20	0.08	0.16
50	0.22	0.08	0.16
51	0.22	0.09	0.18
52	0.22	0.09	0.18
53	0.24	0.11	0.22
54	0.24	0.11	0.22
55	0.26	0.12	0.24
56	0.30	0.14	0.28
57	0.34	0.16	0.32
58	0.36	0.16	0.32
59	0.42	0.20	0.40
60	0.50	0.23	0.46
61	0.60	0.28	0.56
62	0.78	0.37	0.74
63	1.14	0.55	1.10
64	2.36	1.14	228
65	1.96	0.94	1.88

First Schedule—continued

“Sixth Schedule—continued

Table III.

Reductions in Fortnightly Rates of Contribution payable on or after 1st July, 1962, by Female Contributors for Units of Pension where the Obligation to Contribute for those Units existed on or before 2nd November, 1942, based on a Retiring Age of 65 years and the Age next Birthday of the Contributor when that obligation came into existence.

Column 1	Column 2	Column 3
Age next Birthday	Reduction in Contribution for First Two Units; and Reduction in Contribution for each Additional Two Units included in a number of Additional Units for which Contributor became liable to Contribute at the same time, excluding any Unit to which Column 3 of this Table applies	Reduction in Contribution for Additional Unit where Contributor did not become liable to Contribute for other Additional Units at the same time; and Reduction in Contribution for One of a number of Additional Units for which Contributor became liable to Contribute at the same time, being a number that is not two or a multiple of two
	$	$
15	0.04	0.02
16	0.04	0.02
17	0.04	0.02
18	0.04	0.02
19	0.04	0.02
20	0.04	0.02
21	0.04	0.02
22	0.04	0.02
23	0.04	0.02
24	0.04	0.02
25	0.04	0.02
26	0.04	0.02
27	0.04	0.02
28	0.04	0.02
29	0.04	0.02
30	0.04	0.02
31	0.04	0.02
32	0.06	0.03
33	0.06	0.03
34	0.06	0.03
35	0.06	0.03
36	0.06	0.03
37	0.06	0.03
38	0.06	0.03
39	0.08	0.04
40	0.08	0.04
41	0.08	0.04
42	0.08	0.04
43	0.08	0.04
44	0.08	0.04
45	0.08	0.04
46	0.08	0.04
47	0.10	0.05
48	0.12	0.06
49	0.12	0.06

First Schedule—continued

“Sixth Schedule—continued

Table III.—continued

Column 1	Column 2	Column 3
	$	$
50	0.12	0.06
51	0.12	0.06
52	0.14	0.07
53	0.16	0.08
54	0.16	0.08
55	0.18	0.09
56	0.20	0.10
57	0.22	0.11
58	0.26	0.13
59	0.30	0.15
60	0.36	0.18
61	0.42	0.21
62	0.58	0.29
63	0.86	0.43
64	1.78	0.89
65	1.28	0.64

First Schedule—continued

“Sixth Schedule—continued

Table IV.

Reductions in Fortnightly Rates of Contribution payable on or after 1st July, 1962, by Male Contributors (other than Contributors who have Elected that Section 26 shall not apply to them) for Units of Pension where the Obligation to Contribute for those Units existed on or before 2nd November, 1942, based on a Retiring Age of 60 years and the Age next Birthday of the Contributor when that Obligation came into existence.

Column 1	Column 2	Column 3	Column 4
Age next Birthday	Reduction in Contribution for First Two Units	Redaction in Contribution for Additional Unit where Contributor did not become liable to Contribute for other Additional Units at the same time; and Reduction in Contribution for One of a number of Additional Units for which Contributor became liable to Contribute at the same time, being a number that is not two or a multiple of two	Reduction in Contribution for each Additional Two Units included in a number of Additional Units for which Contributor became liable to Contribute at the same time, excluding any Unit to which Column 3 of this Table applies
	$	$	$
15	0.10	0.04	0.08
16	0.08	0.03	0.06
17	0.08	0.03	0.06
18	0.10	0.03	0.06
19	0.10	0.03	0.06
20	0.08	0.03	0.06
21	0.08	0.03	0.06
22	0.10	0.03	0.06
23	0.12	0.04	0.08
24	0.12	0.04	0.08
25	0.12	0.04	0.08
26	0.14	0.04	0.08
27	0.14	0.04	0.08
28	0.14	0.04	0.08
29	0.12	0.04	0.08
30	0.14	0.05	0.10
31	0.16	0.05	0.10
32	0.16	0.05	0.10
33	0.16	0.05	0.10
34	0.16	0.05	0.10
35	0.16	0.05	0.10
36	0.16	0.05	0.10
37	0.18	0.05	0.10
38	0.18	0.06	0.12
39	0.18	0.06	0.12
40	0.18	0.06	0.12
41	0.18	0.06	0.12
42	0.20	0.06	0.12
43	0.20	0.07	0.14
44	0.20	0.07	0.14

First Schedule—continued

“Sixth Schedule—continued

Table IV.—continued

Column 1	Column 2	Column 3	Column 4
	$	$	$
45	0.20	0.07	0.14
46	0.20	0.07	0.14
47	0.22	0.08	0.16
48	0.24	0.09	0.18
49	0.26	0.10	0.20
50	0.28	0.11	0.22
51	0.32	0.13	0.26
52	0.34	0.14	0.28
53	0.40	0.17	0.34
54	0.44	0.19	0.38
55	0.52	0.23	0.46
56	0.64	0.29	0.58
57	0.84	0.38	0.76
58	1.22	0.56	1.12
59	2.48	1.16	2.32
60	2.14	0.99	1.98

First Schedule—continued

“Sixth Schedule—continued

Table V.

Reductions in Fortnightly Rates of Contribution payable on or after 1st July, 1962, by Male Contributors (being Contributors who have Elected that Section 26 shall not apply to them) for Units of Pension where the Obligation to Contribute for those Units existed on or before 2nd November, 1942, based on a Retiring Age of 60 years and the Age next Birthday of the Contributor when that Obligation came into existence.

Column 1	Column 2	Column 3	Column 4
Age next Birthday	Reduction in Contribution for First Two Units	Reduction in Contribution for Additional Unit where Contributor did not become liable to Contribute for other Additional Units at the same time; and Reduction in Contribution for One of a number of Additional Units for which Contributor became liable to Contribute at the same time being a number that is not two or a multiple of two	Reduction in Contribution for each Additional Two Units included in a number of Additional Units for which Contributor became liable to Contribute at the same time, excluding any Unit to which Column 3 of this Table applies
	$	$	$
15	0.12	0.05	0.10
16	0.10	0.04	0.08
17	0.10	0.04	0.08
18	0.12	0.04	0.08
19	0.12	0.04	0.08
20	0.10	0.04	0.08
21	0.10	0.04	0.08
22	0.12	0.04	0.08
23	0.12	0.04	0.08
24	0.12	0.04	0.08
25	0.12	0.04	0.08
26	0.14	0.04	0.08
27	0.14	0.04	0.08
28	0.14	0.04	0.08
29	0.14	0.05	0.10
30	0.16	0.06	0.12
31	0.18	0.06	0.12
32	0.18	0.06	0.12
33	0.18	0.06	0.12
34	0.18	0.06	0.12
35	0.18	0.06	0.12
36	0.18	0.06	0.12
37	0.20	0.06	0.12
38	0.20	0.07	0.14
39	0.20	0.07	0.14
40	0.20	0.07	0.14
41	0.20	0.07	0.14
42	0.22	0.07	0.14
43	0.22	0.08	0.16
44	0.24	0.09	0.18

First Schedule—continued

“Sixth Schedule—continued

Table V.—continued

Column 1	Column 2	Column 3	Column 4
	$	$	$
45	0.24	0.09	0.18
46	0.24	0.09	0.18
47	0.28	0.11	0.22
48	0.28	0.11	0.22
49	0.30	0.12	0.24
50	0.34	0.14	0.28
51	0.36	0.15	0.30
52	0.40	0.17	0.34
53	0.46	0.20	0.40
54	0.54	0.24	0.48
55	0.62	0.28	0.56
56	0.74	0.34	0.68
57	0.98	0.45	0.90
58	1.44	0.67	1.34
59	2.90	1.37	2.74
60	2.56	1.20	2.40

First Schedule—continued

“Sixth Schedule—continued

Table VI.

Reductions in Fortnightly Rates of Contribution payable on or after 1st July, 1962, by Female Contributors for Units of Pension where the Obligation to Contribute for those Units existed on or before 2nd November, 1942, based on a Retiring Age of 60 years and the Age next Birthday of the Contributor when that Obligation came into existence.

Column 1	Column 2	Column 3
Age next Birthday	Reduction in Contribution for First Two Units; and Reduction in Contribution for each Additional Two Units included in a number of Additional Units for which Contributor became liable to Contribute at the same time, excluding any Unit to which Column 3 of this Table applies	Reduction in Contribution for Additional Unit where Contributor did not become liable to Contribute for other Additional Units at the same time; and Reduction in Contribution for One of a number of Additional Units for which Contributor became liable to Contribute at the same time, being a number that is not two or a multiple of two
	$	$
15	0.06	0.03
16	0.06	0.03
17	0.06	0.03
18	0.06	0.03
19	0.06	0.03
20	0.06	0.03
21	0.06	0.03
22	0.06	0.03
23	0.06	0.03
24	0.06	0.03
25	0.06	0.03
26	0.06	0.03
27	0.06	0.03
28	0.06	0.03
29	0.06	0.03
30	0.08	0.04
31	0.08	0.04
32	0.08	0.04
33	0.08	0.04
34	0.08	0.04
35	0.08	0.04
36	0.08	0.04
37	0.08	0.04
38	0.08	0.04
39	0.08	0.04
40	0.10	0.05
41	0.12	0.06
42	0.12	0.06
43	0.12	0.06
44	0.12	0.06
45	0.12	0.06
46	0.12	0.06
47	0.14	0.07
48	0.18	0.09
49	0.18	0.09

First Schedule—continued

“Sixth Schedule—continued

Table IV.—continued

Column 1	Column 2	Column 3
	$	$
50	0.20	0.10
51	0.22	0.11
52	0.28	0.14
53	0.30	0.15
54	0.36	0.18
55	0.42	0.21
56	0.52	0.26
57	0.70	0.35
58	1.04	0.52
59	2.08	1.04
60	1.80	0.90

First Schedule—continued

“Sixth Schedule—continued

Table VII.

Reductions in Fortnightly Rates of Contribution payable on or after 1st July, 1962, by Male Contributors (other than Contributors who have Elected that Section 26 shall not apply to them) for Units of Pension based on a Retiring Age of 65 years and the Age next Birthday of the Contributor when the Obligation to Contribute for those Units came into existence.

Column 1	Column 2	Column 3	Column 4
Age next Birthday	Reduction in Contribution for First Two Units where the Obligation to Contribute for those Units came into existence after 2nd November, 1942, and before 14th December, 1959	Reduction in Contribution for— (a) Additional Unit where Contributor did not become liable to Contribute for other Additional Units at the same time and the Obligation to Contribute for that Additional Unit came into existence after 2nd November, 1942, and before 1st November, 1951; (b) One of a number of Additional Units for which Contributor became liable to Contribute at the same time, being a number that is not two or a multiple of two, where the Obligation to Contribute for those Additional Units came into existence after 2nd November, 1942, and before 1st November, 1951; and (c) Each Additional Unit where the Obligation to Contribute for that Additional Unit came into existence on or after 1st November, 1951, and before 14th December, 1959	Reduction in Contribution for each Additional Two Units included in a number of Additional Units for which Contributor became liable to Contribute at the same time, excluding any Unit to which Column 3 of this Table applies, where the Obligation to Contribute for those Additional Units came into existence after 2nd November, 1942, and before 1st November, 1951
	$	$	$
15	0.08	0.03	0.06
16	0.08	0.03	0.06
17	0.08	0.03	0.06
18	0.08	0.03	0.06
19	0.08	0.03	0.06
20	0.08	0.03	0.06
21	0.08	0.03	0.06
22	0.08	0.04	0.08
23	0.08	0.04	0.08
24	0.10	0.04	0.08
25	0.10	0.04	0.08
26	0.10	0.04	0.08
27	0.10	0.04	0.08
28	0.10	0.04	0.08
29	0.10	0.04	0.08
30	0.10	0.04	0.08
31	0.10	0.04	0.08
32	0.10	0.04	0.08
33	0.10	0.04	0.08
34	0.10	0.04	0.08

First Schedule—continued

“Sixth Schedule—continued

Table VII.—continued

Column 1	Column 2	Column 3	Column 4
	$	$	$
35	0.10	0.04	0.08
36	0.10	0.04	0.08
37	0.10	0.04	0.08
38	0.10	0.04	0.08
39	0.10	0.04	0.08
40	0.10	0.04	0.08
41	0.10	0.04	0.08
42	0.12	0.04	0.08
43	0.12	0.04	0.08
44	0.14	0.05	0.10
45	0.12	0.05	0.10
46	0.12	0.05	0.10
47	0.14	0.06	0.12
48	0.14	0.06	0.12
49	0.16	0.06	0.12
50	0.18	0.07	0.14
51	0.18	0.08	0.16
52	0.20	0.09	0.18
53	0.22	0.09	0.18
54	0.24	0.10	0.20
55	0.26	0.11	0.22
56	0.28	0.13	0.26
57	0.32	0.14	0.28
58	0.34	0.16	0.32
59	0.42	0.19	0.38
60	0.48	0.22	0.44
61	0.58	0.27	0.54
62	0.78	0.37	0.74
63	1.16	0.55	1.10
64	2.34	1.11	2.22
65	1.88	0.89	1.78

First Schedule—continued

“Sixth Schedule—continued

Table VIII.

Reductions in Fortnightly Rates of Contribution payable on or after 1st July, 1962, by Male Contributors (being Contributors who have Elected that Section 26 shall not apply to them) for Units of Pension based on a Retiring Age of 65 years and the Age next Birthday of the Contributor when the Obligation to Contribute for those Units came into existence.

Column 1	Column 2	Column 3	Column 4
Age next Birthday	Reduction in Contribution for First Two Units where the Obligation to Contribute for those Units came into existence after 2nd November, 1942, and before 14th December, 1959	Reduction in Contribution for— (a) Additional Unit where Contributor did not become liable to Contribute for other Additional Units at the same time and the Obligation to Contribute for that Additional Unit came into existence after 2nd November, 1942, and before 1st November, 1951; (b) One of a number of Additional Units for which Contributor became liable to Contribute at the same time, being a number that is not two or a multiple of two, where the Obligation to Contribute for those Additional Units came into existence after 2nd November, 1942, and before 1st November, 1951; and (c) Each Additional Unit where the Obligation to Contribute for that Additional Unit came into existence on or after 1st November, 1951, and before 14th December, 1959	Reduction in Contribution for each Additional Two Units included in a number of Additional Units for which Contributor became liable to Con-tribute at the same time excluding any Unit to which Column 3 of this Table applies, where the Obligation to Con-tribute for those Additional Units came into existence after 2nd November, 1942, and before 1st November, 1951
	$	$	$
15	0.08	0.03	0.06
16	0.08	0.03	0.06
17	0.08	0.03	0.06
18	0.08	0.03	0.06
19	0.08	0.03	0.06
20	0.08	0.03	0.06
21	0.08	0.03	0.06
22	0.08	0.04	0.08
23	0.08	0.04	0.08
24	0.10	0.04	0.08
25	0.10	0.04	0.08
26	0.10	0.04	0.08
27	0.10	0.04	0.08
28	0.10	0.04	0.08
29	0.10	0.04	0.08
30	0.12	0.05	0.10
31	0.12	0.05	0.10
32	0.12	0.05	0.10
33	0.12	0.05	0.10
34	0.12	0.05	0.10

First Schedule—continued

“Sixth Schedule—continued

Table VIII.—continued

Column 1	Column 2	Column 3	Column 4
	$	$	$
35	0.12	0.05	0.10
36	0.12	0.05	0.10
37	0.14	0.06	0.12
38	0.14	0.06	0.12
39	0.14	0.06	0.12
40	0.14	0.06	0.12
41	0.14	0.06	0.12
42	0.16	0.06	0.12
43	0.16	0.06	0.12
44	0.16	0.06	0.12
45	0.16	0.07	0.14
46	0.16	0.07	0.14
47	0.18	0.08	0.16
48	0.18	0.08	0.16
49	0.20	0.08	0.16
50	0.22	0.09	0.18
51	0.22	0.10	0.20
52	0.22	0.10	0.20
53	0.28	0.12	0.24
54	0.28	0.12	0.24
55	0.32	0.14	0.28
56	0.34	0.16	0.32
57	0.40	0.18	0.36
58	0.42	0.20	0.40
59	0.52	0.24	0.48
60	0.62	0.29	0.58
61	0.72	0.34	0.68
62	0.96	0.46	0.92
63	1.42	0.68	1.36
64	2.84	1.36	2.72
65	2.34	1.12	2.24

First Schedule—continued

“Sixth Schedule—continued

Table IX.

Reductions in Fortnightly Rates of Contribution payable on or after 1st July, 1962, by Female Contributors for Units of Pension based on a Retiring Age of 65 years and the Age next Birthday of the Contributor when the Obligation to Contribute for those Units came into existence.

Column 1	Column 2	Column 3
Age next Birthday	Reduction in Contribution for— (a) First Two Units where the Obligation to Contribute for those Units came into existence after 2nd November, 1942, and before 14th December, 1959; and (b) Each Additional Two Units included in a number of Additional Units for which Contributor became liable to Contribute at the same time, excluding any Unit to which Column 3 of this Table applies, where the Obligation to Contribute for those Additional Units came into existence after 2nd November, 1942, and before 1st November, 1951	Reduction in Contribution for— (a) Additional Unit where Contributor did not become liable to Contribute for other Additional Units at the same time and the Obligation to Contribute for that Additional Unit came into existence after 2nd November, 1942, and before 1st November, 1951; (b) One of a number of Additional Units for which Contributor became liable to Contribute at the same time, being a number that is not two or a multiple of two, where the Obligation to Contribute for those Additional Units came into existence after 2nd November, 1942, and before 1st November, 1951; and (c) Each Additional Unit where the Obligation to Contribute for that Additional Unit came into existence on or after 1st November, 1951, and before 14th December, 1959
	$	$
15	0.06	0.03
16	0.06	0.03
17	0.06	0.03
18	0.06	0.03
19	0.06	0.03
20	0.06	0.03
21	0.06	0.03
22	0.06	0.03
23	0.06	0.03
24	0.06	0.03
25	0.08	0.04
26	0.08	0.04
27	0.08	0.04
28	0.08	0.04
29	0.08	0.04
30	0.08	0.04
31	0.08	0.04
32	0.08	0.04
33	0.10	0.05
34	0.10	0.05
35	0.10	0.05
36	0.10	0.05
37	0.10	0.05
38	0.10	0.05
39	0.12	0.06

First Schedule—continued

“Sixth Schedule—continued

Table IX.—continued

Column 1	Column 2	Column 3
	$	$
40	0.12	0.06
41	0.12	0.06
42	0.12	0.06
43	0.12	0.06
44	0.12	0.06
45	0.12	0.06
46	0.12	0.06
47	0.12	0.06
48	0.16	0.08
49	0.16	0.08
50	0.18	0.09
51	0.18	0.09
52	0.20	0.10
53	0.22	0.11
54	0.24	0.12
55	0.28	0.14
56	0.32	0.16
57	0.36	0.18
58	0.42	0.21
59	0.48	0.24
60	0.60	0.30
61	0.72	0.36
62	0.92	0.46
63	1.26	0.63
64	2.44	1.22
65	1.74	0.87

First Schedule—continued

“Sixth Schedule—continued

Table X.

Reductions in Fortnightly Rates of Contribution payable on or after 1st July, 1962, by Male Contributors (other than Contributors who have Elected that Section 26 shall not apply to them) for Units of Pension based on a Retiring Age of 60 years and the Age next Birthday of the Contributor when the Obligation to Contribute for those Units came into existence.

Column 1	Column 2	Column 3	Column 4
Age next Birthday	Reduction in Contribution for First Two Units where the Obligation to Contribute for those Units came into existence after 2nd November, 1942, and before 14th December, 1959	Reduction in Contribution for— (a) Additional Unit where Contributor did not become liable to Contribute for other Additional Units at the same time and the Obligation to Contribute for that Additional Unit came into existence after 2nd November, 1942, and before 1st November, 1951; (b) One of a number of Additional Units for which Contributor became liable to Contribute at the same time, being a number that is not two or a multiple of two, where the Obligation to Contribute for those Additional Units came into existence after 2nd November, 1942, and before 1st November, 1951; and (c) Each Additional Unit where the Obligation to Contribute for that Additional Unit came into existence on or after 1st November, 1951, and before 14th December, 1959	Reduction in Contribution for each Additional Two Units included in a number of Additional Units for which Contributor became liable to Contribute at the same time, excluding any Unit to which Column 3 of this Table applies, where the Obligation to Contribute for those Additional Units came into existence after 2nd November, 1942, and before 1st November, 1951
	$	$	$
15	0.10	0.05	0.10
16	0.08	0.04	0.08
17	0.10	0.04	0.08
18	0.10	0.04	0.08
19	0.10	0.04	0.08
20	0.10	0.04	0.08
21	0.10	0.04	0.08
22	0.10	0.04	0.08
23	0.10	0.04	0.08
24	0.10	0.04	0.08
25	0.10	0.04	0.08
26	0.12	0.05	0.10
27	0.12	0.05	0.10
28	0.12	0.05	0.10
29	0.12	0.05	0.10
30	0.12	0.05	0.10
31	0.12	0.05	0.10
32	0.12	0.05	0.10
33	0.12	0.05	0.10
34	0.14	0.06	0.12

First Schedule—continued

“Sixth Schedule—continued

Table X.—continued

Column 1	Column 2	Column 3	Column 4
	$	$	$
35	0.14	0.05	0.10
36	0.14	0.06	0.12
37	0.16	0.06	0.12
38	0.14	0.06	0.12
39	0.16	0.07	0.14
40	0.16	0.07	0.14
41	0.16	0.07	0.14
42	0.16	0.07	0.14
43	0.18	0.07	0.14
44	0.18	0.08	0.16
45	0.18	0.08	0.16
46	0.22	0.09	0.18
47	0.22	0.09	0.18
48	0.24	0.11	0.22
49	0.28	0.12	0.24
50	0.32	0.14	0.28
51	0.34	0.15	0.30
52	0.36	0.16	0.32
53	0.44	0.20	0.40
54	0.50	0.22	0.44
55	0.60	0.27	0.54
56	0.74	0.34	0.68
57	0.96	0.44	0.88
58	1.42	0.66	1.32
59	2.84	1.34	2.68
60	2.44	1.14	2.28

First Schedule—continued

“Sixth Schedule—continued

Table XI.

Reductions in Fortnightly Rates of Contribution payable on or after 1st July, 1962, by Male Contributors (being Contributors who have Elected that Section 26 shall not apply to them) for Units of Pension based on a Retiring Age of 60 years and the Age next Birthday of the Contributor when the Obligation to Contribute for those Units came into existence.

Column 1	Column 2	Column 3	Column 4
Age next Birthday	Reduction in Contribution for First Two Units where the Obligation to Contribute for those Units came into existence after 2nd November, 1942, and before 14th December, 1959	Reduction in Contribution for— (a) Additional Unit where Contributor did not become liable to Contribute for other Additional Units at the same time and the Obligation to Contribute for that Additional Unit came into existence after 2nd November, 1942, and before 1st November, 1951; (b) One of a number of Additional Units for which Contributor became liable to Contribute at the same time, being a number that is not two or a multiple of two, where the Obligation to Contribute for those Additional Units came into existence after 2nd November, 1942, and before 1st November, 1951; and (c) Each Additional Unit where the Obligation to Contribute for that Additional Unit came into existence on or after 1st November, 1951, and before 14th December, 1959	Reduction in Contribution for each Additional Two Units included in a number of Additional Units for which Contributor became liable to Contribute at the same time, excluding any Unit to which Column 3 of this Table applies, where the Obligation to Contribute for those Additional Units came into existence after 2nd November, 1942, and before 1st November, 1951
	$	$	$
15	0.10	0.05	0.10
16	0.08	0.04	0.08
17	0.10	0.04	0.08
18	0.10	0.04	0.08
19	0.10	0.04	0.08
20	0.10	0.04	0.08
21	0.10	0.04	0.08
22	0.10	0.04	0.08
23	0.10	0.04	0.08
24	0.12	0.05	0.10
25	0.12	0.05	0.10
26	0.12	0.05	0.10
27	0.12	0.05	0.10
28	0.12	0.05	0.10
29	0.14	0.06	0.12
30	0.14	0.06	0.12
31	0.14	0.06	0.12
32	0.14	0.06	0.12
33	0.14	0.06	0.12
34	0.14	0.06	0.12

First Schedule—continued

“Sixth Schedule—continued

Table XI.—continued

Column 1	Column 2	Column 3	Column 4
	$	$	$
35	0.16	0.06	0.12
36	0.16	0.07	0.14
37	0.18	0.07	0.14
38	0.18	0.08	0.16
39	0.18	0.08	0.16
40	0.18	0.08	0.16
41	0.18	0.08	0.16
42	0.18	0.08	0.16
43	0.22	0.09	0.18
44	0.22	0.10	0.20
45	0.22	0.10	0.20
46	0.26	0.11	0.22
47	0.28	0.12	0.24
48	0.28	0.13	0.26
49	0.32	0.14	0.28
50	0.36	0.16	0.32
51	0.38	0.17	0.34
52	0.44	0.20	0.40
53	0.50	0.23	0.46
54	0.60	0.27	0.54
55	0.72	0.33	0.66
56	0.86	0.40	0.80
57	1.14	0.53	1.06
58	1.68	0.79	1.58
59	3.32	1.58	3.16
60	2.92	1.38	2.76

First Schedule—continued

“Sixth Schedule—continued

Table XII.

Reductions in Fortnightly Rates of Contribution payable on or after 1st July, 1962, by Female Contributors for Units of Pension based on a Retiring Age of 60 years and the Age next Birthday of the Contributor when the Obligation to Contribute for those Units came into existence.

Column 1	Column 2	Column 3
Age next Birthday	Reduction in Contribution for— (a) First Two Units where the Obligation to Contribute for those Units came into existence after 2nd November, 1942, and before 14th December, 1959; and (b) Each Additional Two Units included in a number of Additional Units for which Contributor became liable to Contribute at the same time, excluding any Unit to which Column 3 of this Table applies, where the Obligation to Contribute for those Additional Units came into existence after 2nd November, 1942, and before 1st November, 1951	Reduction in Contribution for— (a) Additional Unit where Contributor did not become liable to Contribute for other Additional Units at the same time and the Obligation to Contribute for that Additional Unit came into existence after 2nd November, 1942, and before 1st November, 1951; (b) One of a number of Additional Units for which Contributor became liable to Contribute at the same time, being a number that is not two or a multiple of two, where the Obligation to Contribute for those Additional Units came into existence after 2nd November, 1942, and before 1st November, 1951; and (c) Each Additional Unit where the Obligation to Contribute for that Additional Unit came into existence on or after 1st November, 1951, and before 14th December, 1959
	$	$
15..............	0.08	0.04
16..............	0.08	0.04
17..............	0.08	0.04
18..............	0.08	0.04
19..............	0.08	0.04
20..............	0.08	0.04
21..............	0.10	0.05
22..............	0.10	0.05
23..............	0.10	0.05
24..............	0.10	0.05
25..............	0.10	0.05
26..............	0.10	0.05
27..............	0.10	0.05
28..............	0.10	0.05
29..............	0.10	0.05
30..............	0.12	0.06
31..............	0.12	0.06
32..............	0.12	0.06
33..............	0.12	0.06
34..............	0.12	0.06
35..............	0.12	0.06
36..............	0.12	0.06
37..............	0.12	0.06
38..............	0.12	0.06
39..............	0.12	0.06

First Schedule—continued

“Sixth Schedule—continued

Table XII.—continued

Column 1	Column 2	Column 3
	$	$
40...............	0.14	0.07
41...............	0.14	0.07
42...............	0.14	0.07
43...............	0.16	0.08
44...............	0.16	0.08
45...............	0.18	0.09
46...............	0.18	0.09
47...............	0.20	0.10
48...............	0.22	0.11
49...............	0.24	0.12
50...............	0.28	0.14
51...............	0.30	0.15
52...............	0.36	0.18
53...............	0.40	0.20
54...............	0.46	0.23
55...............	0.54	0.27
56...............	0.68	0.34
57...............	0.92	0.46
58...............	1.32	0.66
59...............	2.60	1.30
60...............	2.22	1.11

First Schedule—continued

“Sixth Schedule—continued

Table XIII.

Reductions in Fortnightly Rates of Contribution payable on or after 1st July, 1962, by Male Contributors for Units of Pension (other than Units of Pension to which paragraph (a) of sub-section (3.) of section 23 applies) where the Obligation to Contribute for those Units came into existence on or after 14th December, 1959, and before 1st July, 1962, based on a Retiring Age of 65 years and the age next birthday of the contributor when that obligation came into existence.

Column 1	Column 2
Age next Birthday	Reduction in Contribution for each Unit
	$
15	0.03
16	0.03
17	0.03
18	0.03
19	0.03
20	0.04
21	0.03
22	0.03
23	0.03
24	0.03
25	0.04
26	0.04
27	0.04
28	0.04
29	0.03
30	0.04
31	0.04
32	0.04
33	0.04
34	0.04
35	0.04
36	0.05
37	0.05
38	0.05
39	0.05
40	0.05
41	0.05
42	0.05
43	0.05
44	0.06
45	0.06
46	0.06
47	0.07
48	0.07
49	0.07
50	0.08
51	0.08
52	0.09
53	0.10
54	0.11
55	0.12
56	0.13
57	0.15
58	0.17
59	0.19
60	0.22
61	0.28
62	0.38
63	0.56
64	1.13
65	0.93

First Schedule—continued

“Sixth Schedule—continued

Table XIV.

Reductions in Fortnightly Rates of Contribution payable on or after 1st July, 1962, by Female Contributors for Units of Pension where the Obligation to Contribute for those Units came into existence on or after 14th December, 1959, and before 1st July, 1962, based on a Retiring Age of 65 years and the Age next Birthday of the Contributor when that Obligation came into existence.

Column 1	Column 2
Age next Birthday	Reduction in Contribution for each Unit
	$
15	0.02
16	0.02
17	0.02
18	0.03
19	0.03
20	0.03
21	0.03
22	0.03
23	0.03
24	0.03
25	0.04
26	0.04
27	0.04
28	0.04
29	0.04
30	0.04
31	0.04
32	0.04
33	0.05
34	0.05
35	0.05
36	0.05
37	0.05
38	0.05
39	0.06
40	0.06
41	0.06
42	0.07
43	0.07
44	0.07
45	0.07
46	0.07
47	0.07
48	0.08
49	0.08
50	0.08
51	0.09
52	0.10
53	0.11
54	0.11
55	0.12
56	0.14
57	0.16
58	0.18
59	0.21
60	0.25
61	0.30
62	0.40
63	0.58
64	1.17
65	0.83

First Schedule—continued

“Sixth Schedule—continued

Table XV.

Reductions in Fortnightly Rates of Contribution payable on or after 1st July, 1962, by Male Contributors for Units of Pension (other than Units of Pension to which paragraph (a) of sub-section (3.) of section 23 applies) where the Obligation to Contribute for those Units came into existence on or after 14th December, 1959, and before 1st July, 1962, based on a Retiring Age of 60 years and the Age next Birthday of the Contributor when that Obligation came into existence.

Column 1	Column 2
Age next Birthday	Reduction in Contribution for each Unit
	$
15	0.05
16	0.04
17	0.04
18	0.04
19	0.04
20	0.04
21	0.04
22	0.04
23	0.04
24	0.05
25	0.05
26	0.05
27	0.05
28	0.05
29	0.05
30	0.06
31	0.06
32	0.06
33	0.06
34	0.06
35	0.06
36	0.07
37	0.07
38	0.07
39	0.08
40	0.08
41	0.07
42	0.08
43	0.08
44	0.08
45	0.08
46	0.09
47	0.10
48	0.12
49	0.12
50	0.14
51	0.16
52	0.18
53	0.21
54	0.23
55	0.28
56	0.35
57	0.46
58	0.68
59	1.35
60	1.20

First Schedule—continued

“Sixth Schedule—continued

Table XVI.

Reductions in Fortnightly Rates of Contribution payable on or after 1st July, 1962, by Female Contributors for Units of Pension where the Obligation to Contribute for those Units came into existence on or after 14th December, 1959, and before 1st July, 1962, based on a Retiring Age of 60 years and the Age next Birthday of the Contributor when that Obligation came into existence.

Column 1	Column 2
Age next Birthday	Reduction in Contribution for each Unit
	$
15	0.03
16	0.03
17	0.03
18	0.04
19	0.04
20	0.04
21	0.05
22	0.05
23	0.04
24	0.05
25	0.05
26	0.05
27	0.06
28	0.05
29	0.05
30	0.06
31	0.06
32	0.06
33	0.07
34	0.06
35	0.06
36	0.07
37	0.07
38	0.07
39	0.07
40	0.08
41	0.08
42	0.08
43	0.08
44	0.08
45	0.09
46	0.09
47	0.10
48	0.12
49	0.12
50	0.14
51	0.15
52	0.18
53	0.20
54	0.23
55	0.28
56	0.33
57	0.45
58	0.63
59	1.27
60	1.13

First Schedule—continued

“Sixth Schedule—continued

Table XVII.

Reduction in Fortnightly Rates of Contribution payable on or after 1st July, 1962, by Male Contributors for Units of Pension to which Section 23 (3.) (a) applies, based on the age next birthday of the contributor when the Obligation to Contribute for those Units came into existence.

Column 1	Column 2
Age next Birthday	Reduction in Contribution for each Additional Unit, based on a Retiring Age of—
Age next Birthday	65 Years	60 Years
	$	$
15..........................	0.03	0.05
16..........................	0.03	0.04
17..........................	0.03	0.04
18..........................	0.03	0.04
19..........................	0.04	0.04
20..........................	0.03	0.04
21..........................	0.02	0.04
22..........................	0.03	0.04
23..........................	0.03	0.04
24..........................	0.03	0.05
25..........................	0.03	0.05
26..........................	0.03	0.05
27..........................	0.04	0.06
28..........................	0.04	0.05
29..........................	0.04	0.06
30..........................	0.05	0.06
31..........................	0.05	0.07
32..........................	0.05	0.07
33..........................	0.05	0.06
34..........................	0.05	0.06
35..........................	0.05	0.07
36..........................	0.05	0.07
37..........................	0.06	0.08
38..........................	0.06	0.08
39..........................	0.06	0.08
40..........................	0.07	0.08
41..........................	0.06	0.08
42..........................	0.06	0.08
43..........................	0.06	0.09
44..........................	0.07	0.10
45..........................	0.08	0.10
46..........................	0.08	0.11
47..........................	0.08	0.12
48..........................	0.08	0.12
49..........................	0.08	0.14
50..........................	0.09	0.16
51..........................	0.10	0.18
52..........................	0.10	0.20
53..........................	0.12	0.23
54..........................	0.12	0.28
55..........................	0.13	0.32
56..........................	0.16	0.40
57..........................	0.18	0.52
58..........................	0.19	0.78
59..........................	0.23	1.54
60..........................	0.28	1.41”.
61..........................	0.33
62..........................	0.44
63..........................	0.66
64..........................	1.33
65..........................	1.13

SECOND SCHEDULE Section 5.

Amendments of the Principal Act

Provisions amended	Amendments
Section 7...........	Omit from paragraph (c) of sub-section (2.) “Three pounds fifteen shillings”, insert “three and three-quarters”.
	Omit from paragraph (b) of sub-section (2a.) “Three pounds fifteen shillings”, insert “three and three-quarters”.
Section 12..........	Omit from sub-section (3.) “Three pounds fifteen shillings”, insert “three and three-quarters”.
Section 17..........	Omit from sub-section (2a.) “Three pounds fifteen shillings”, insert “three and three-quarters”.
Section 20..........	Omit from sub-paragraph (i) of paragraph (a) of sub-section (2.)

	Omit from sub-paragraph (ii) of paragraph (a) of sub-section (2.)

	Omit from sub-paragraph (ii) of paragraph (b) of sub-section (2.) “One thousand three hundred pounds”, insert “Two thousand six hundred dollars”.
	Omit from sub-section (3.) “pounds” (wherever occurring), insert “dollars”.
	Omit from sub-section (3.) “sixty-five”, insert “one hundred and thirty”.
	Omit from sub-section (3.) “one hundred and fourteen”, insert “two hundred and twenty-eight”.
Section 22..........	Omit from paragraph (c) of sub-section (1.) “Two thousand seven hundred and thirty pounds “and “Sixty-five pounds”, insert “Five thousand four hundred and sixty dollars” and “One hundred and thirty dollars”, respectively.
Section 23..........	Omit from sub-section (2.) “Sixpence”, insert “Five cents”.
Section 42..........	Omit from sub-section (1.) “Forty-five pounds ten shillings”, insert “Ninety-one dollars”.
Section 46..........	Omit from paragraph (b) of sub-section (1.) “One hundred and four pounds”, insert “Two hundred and eight dollars”.
	Omit from sub-section (2.) “One hundred and fifty-six pounds”, insert “Three hundred and twelve dollars”.
Section 47..........	Omit from paragraph (b) of sub-section (1.) “One hundred and four pounds”, insert “Two hundred and eight dollars”.
	Omit from sub-section (2.) “One hundred and fifty-six pounds”, insert “Three hundred and twelve dollars”.
Section 48..........	Omit from sub-section (1.) “Two hundred and sixty pounds”, insert “Five hundred and twenty dollars”.
Section 71..........	Omit from sub-paragraph (ii) of paragraph (b) of sub-section (1d.) “Thirteen pounds”, insert “Twenty-six dollars
Section 73..........	Omit sub-sections (1.) and (2.), insert the following sub-sections:—
	“(1.) The rate of pension payable to a person under either of the last two preceding sections (not being a pension for which contributions were made to a State Fund as defined by section one hundred and one of this Act) shall, subject to the next succeeding sub-section, be increased—
	(a) if the rate of the pension does not exceed Five hundred and twenty dollars per annum—by one-fifth;

Second Schedule—continued

Provisions amended	Amendments
	(b) if the rate of pension exceeds Five hundred and twenty dollars per annum but does not exceed One thousand three hundred dollars per annum—by One hundred and four dollars per annum; or
	(c) if the rate of pension exceeds One thousand three hundred dollars per annum but is less than One thousand four hundred and four dollars per annum—by such sum as will increase the rate of that pension to One thousand four hundred and four dollars per annum.
	“(2.) The rate of pension payable to the widow of a person who, but for his death, would have been entitled to receive a pension under either of the last two preceding sections (not being a pension for which contributions were made to a State Fund as defined by section one hundred and one of this Act) shall be increased—
	(a) if the rate of the pension does not exceed Two hundred and sixty dollars per annum—by one-fifth;
	(b) if the rate of the pension exceeds Two hundred and sixty dollars per annum but does not exceed Six hundred and fifty dollars per annum—by Fifty-two dollars per annum; or
	(c) if the rate of the pension exceeds Six hundred and fifty dollars per annum but is less than Seven hundred and two dollars per annum—by such sum as will increase the rate of that pension to Seven hundred and two dollars per annum.”.
Section 74..........	Omit from sub-section (4.) “Four pounds”, insert “four”.
Section 80..........	Omit paragraph (a) of sub-section (1.), insert the following paragraph:—
	“(a) shall be at the rate of Ten cents for each Two dollars or part of Two dollars of each fortnightly payment of his salary; and”.
Section 90..........	Omit from sub-section (2.) “Three pounds”, insert “three”.
Section 142.........	Omit from sub-section (2.) “Ten pounds”, insert “Twenty dollars”.
Section 143a........	Omit from sub-section (3.) “Twenty pounds”, insert “Forty dollars”. Omit from sub-section (8.) “Fifty pounds”, insert “One hundred dollars”.
Section 144.........	Omit from sub-section (1.) “any reference to any amount of salary, contribution or payment were a reference to that amount in sterling”, insert “any reference to any amount of salary, contribution or payment, or to any other amount, were a reference to the amount in sterling that corresponds with that amount”.
	After sub-section (1.) insert the following sub-section:— “(1a.) For the purposes of the last preceding sub-section, the amount in sterling that corresponds to an amount referred to in this Act shall be calculated on the basis that One pound sterling is the equivalent of Two dollars.”.
Section 150.........	Omit from paragraph (d) “Fifty pounds”, insert “One hundred dollars”.

THIRD SCHEDULE Section 11.

“THE SCHEDULE Sections 27 and 28.

First Column	Second Column	Third Column
Name of Pensioner	Rate of Pension per Annum	Amount Payable per Annum by the Commonwealth to the Fund
	$	$
Adams, Gerald Robert Lloyd................................	2,209.50	2,010.97
Boyle, Henry Noel.......................................	2,528.82	2,229.32
Durant, Herbert Frederic Henry...............................	2,121.34	1,936.44
Heward, Frank Lowe......................................	1,906.32	1,719.52
Hoare, Harold Murphy.....................................	1,585.84	1,397.09
Hurst, Rupert John Rostron..................................	1,950.00	1,761.25
Huxtable, Cyril William....................................	2,699.62	2,356.12
Meredith, Gwynydd Purves Wynne Aubrey.......................	2,364.74	2,108.89
Morris, Basil Moorhouse...................................	2,915.61	2,605.23
Russell, John Henry......................................	2,650.28	2,376.06
Stoyles, Arthur Martin.....................................	2,316.35	2,096.22
Tinsley, Walter Noel......................................	2,011.88	1,785.23
Urquhart, Walter James....................................	2,300.46	2,045.99
Ellison, Dorothy Edith (widow of Edward Burnett Ellison).............	1,029.18	930.28
Hilless, Miriam Maire Louise (widow of William Henry Hilless).........	1,225.38	1,130.28
Hoad, Sheila Mairi (widow of Oswald Vick Hoad)..................	1,925.82	1,763.12
Moore, Elsye Maude (widow of Paterson Lisle Moore)...............	1,077.83	954.59
Plant, Oona Hunter (widow of Eric Clive Pegus Plant)................	1,969.27	1,818.37
Wells, Elsie Caroline (widow of Frank Elwyn Wells)................	1,177.17	1,069.67
White, Edith Violet (widow of Aubrey Philip Oscar White)............	1,413.99	1,310.49”.

Overview

The Superannuation Act (No. 2) 1965, enacted by the Parliament of the Commonwealth of Australia, was introduced to amend the existing Superannuation Act 1922–1963 in conjunction with the transition to decimal currency. The primary objective of this Act was to adjust various monetary values and references within the Superannuation Act 1965 to align with the new currency system, ensuring consistency and clarity in the calculation and payment of superannuation contributions and pensions. The Act specifically addresses the conversion of contributions and pensions from the previous currency system to the decimal currency system, thereby facilitating a smooth transition in the financial obligations and entitlements under the superannuation framework.

Scope and Application

The Superannuation Act (No. 2) 1965 amends the existing Superannuation Act 1922-1963 to align superannuation contributions and benefits with the introduction of decimal currency in Australia. This Act applies to individuals who were required to make contributions to superannuation funds under the Principal Act before the enactment of the Currency Act 1965. It also applies to those who are required to continue making contributions and to pensioners who were receiving payments under the Principal Act immediately before the Currency Act 1965 took effect. The Act modifies contribution rates and pension amounts to reflect the transition from pounds, shillings, and pence to dollars and cents, ensuring that the value of contributions and benefits remains consistent with the pre-decimal currency system. The Act's provisions extend to both existing and future contributions, as well as ongoing pension payments, to maintain the integrity and purchasing power of superannuation entitlements in the new currency system. The Act does not specify exclusions or thresholds but implicitly applies to all relevant superannuation arrangements within its scope.

Key Provisions

The Superannuation Act (No. 2) 1965 amends the Superannuation Act 1922–1963 to align with decimal currency as introduced by the Currency Act 1965. The Act makes several key changes to the existing superannuation provisions, including adjustments to contribution rates, pension payments, and other financial figures. The Act also modifies the Principal Act by omitting and inserting new provisions in several sections, reflecting the transition to decimal currency. For example, it changes monetary values from pounds, shillings, and pence to dollars and cents, and it adjusts contribution rates and pension amounts accordingly. Under this Act, contributions and pensions are to be calculated in decimal currency, with specific provisions for converting amounts from the previous currency. For instance, contributions that were required before the Act's commencement continue at the equivalent rate in decimal currency. The Act also specifies how pensions payable before the Act's commencement should be calculated in decimal currency, ensuring that the pension amounts correspond to what would have been payable in the previous currency. Additionally, the Act includes provisions for calculating currency equivalents using the rates specified in the Currency Act 1965. It mandates that contributions and pensions be paid in decimal currency after the Act's commencement, maintaining the real value of these amounts despite the currency change. The Act imposes obligations on contributors and pension recipients to ensure compliance with the new currency provisions. Contributors must continue making contributions at the converted rates, and pension recipients must be paid the equivalent amount in decimal currency. The Act also requires that any existing pensions be adjusted to reflect the new currency, ensuring that the recipients receive the same purchasing power as before. Breach of the provisions outlined in the Act can result in civil or criminal consequences, although specific penalties are not detailed within the provided text. Generally, non-compliance with legislative requirements can lead to fines, legal action, or other penalties as determined by the relevant authorities. The Act ensures that the transition to decimal currency is smooth and that the rights of contributors and pension recipients are protected during this change. In summary, the Superannuation Act (No. 2) 1965 is designed to update superannuation laws to align with decimal currency, ensuring that contribution rates, pension payments, and other financial aspects are accurately reflected in the new currency system. The Act imposes clear obligations on contributors and pension recipients and sets out the methodology for converting amounts from the previous currency to decimal currency.

Area of Law: Superannuation Law; Taxation Law
Instrument: Act
Concepts: Commencement Provisions; Calculations of currency equivalents; Repeal & Amendment; Transitional Provisions; Regulatory Standards

Interactions

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.

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