New South Wales Consolidated Acts

TRANSPORT EMPLOYEES RETIREMENT BENEFITS ACT 1967

- As at 15 June 2018 
- Act 96 of 1967 

TABLE OF PROVISIONS

           Long Title

   PART 1 - PRELIMINARY

   1.      Name of Act and commencement
   2.      (Repealed)
   3.      Definitions

   PART 2 - (Repealed)
   None

   PART 3 - CONTRIBUTIONS AND BENEFITS

   10.     Employee contributors
   11.     Contributors who formerly contributed to Railways Retirement Fund
   12.     Contributors who were formerly contributors to the Account, or are Transport Department officers or Police Department appointees
   12A.    Certain persons deemed to be contributors
   13.     Amount of benefits
   13A.    Further election by certain contributors
   14.     Variation of benefits
   15.     Increase in benefits triennially
   16.     Reduction of benefits where annual wages reduced
   17.     Certain persons may opt to make reduced contributions or not to contribute
   18.     Maximum benefits and special provisions relating to certain persons
   19.     Amount of contributions
   20.     Deduction of contributions from wages
   21.     Cessation of contributions
   22.     Exemption from contributing and reduced contributions
   23.     Benefit at age 65 years after 10 years service
   23A.    Extension of rights to spouse pensions
   24.     Entitlement of widow, dependants etc
   25.     Refund of contributions where services terminate
   25A.    Supplementary amounts
   26.     Minimum amount of lump sum benefit in certain cases
   27.     Calculation of contributions for purposes of sections 23 (3) (d) and 24 (1) (b)
   28.     Transferred officers
   29.     Payments by employer
   30.     Initial credit to be a liability of employer
   31.     Reserve payments by employers

   PART 3A - AUTOMATIC ADJUSTMENT OF PENSIONS

   31A.    Definitions
   31B.    Calculation of adjustment percentage
   31C.    Adjustment of pensions: general cases
   31D.    Adjustment of pensions: partial adjustment
   31E.    Minimum amount to which pensions may be reduced
   31F.    Additional payment by employer
   31G.    Calculation of percentages
           PARTS 4, 5 - (Repealed)
           None

   PART 6 - ASSURANCE POLICIES

   51.     Assignment of policies of assurance to the Board in certain cases

   PART 7 - GENERAL PROVISIONS

   52.     Prescribed rate of interest
           52A, 52B. (Repealed)
   53.     Regulations
   54.     Elections
   55.     Evidence of age, marriage, dependency and death
   56.     Returns
   57.     Non-assignability of benefits
   58.     Payment without grant of probate etc
   59.     Extension of application of Act
   60.     (Repealed)
   60A.    Suspension of part of pension in certain circumstances
   61.     Medical standards
   62.     Payment where beneficiary incapable
   62A.    Payment where beneficiary is missing
   63.     Elections and applications out of time
   64.     Repeal of Railways Retirement Fund Act 1964
   65.     Savings and transitional provisions
           66-68. (Repealed)
           SCHEDULE 1
           SCHEDULE 2
           SCHEDULE 3
           SCHEDULE 4
           SCHEDULE 5
           SCHEDULE 6
           SCHEDULE 7