New South Wales Consolidated Regulations

STATE AUTHORITIES SUPERANNUATION (GOVERNMENT RAILWAYS SUPERANNUATION SCHEME TRANSFER) (SAVINGS AND TRANSITIONAL) REGULATION 1990

- Made under the State Authorities Superannuation Act 1987
- As at 19 May 2010
- Reg 319 of 1990

TABLE OF PROVISIONS

   PART 1 - PRELIMINARY

   1.      Name of Regulation
   2.      Commencement
   3.      Definitions

   PART 2 - TRANSFER OF CONTRIBUTORS AND PENSIONERS TO SAS FUND

   4.      Transfer of Government Railways Superannuation Account contributors to the SAS Fund
   5.      Transfer of Government Railways Superannuation Account pensioners to the SAS Fund
   6.      Transferred accounts and reserves
   7.      Application of certain definitions to transferred contributors
   8.      Transfer points to be credited to a transferred contributor

   PART 3 - TERMINATION OF THE GOVERNMENT RAILWAYS SUPERANNUATION SCHEME

   9.      Transfer of assets etc of the old board
   10.     Government Railways Superannuation Account
   11.     Annual reports etc
   12.     Appeals
   13.     Delegations

   PART 4 - BENEFITS PAYABLE IN RESPECT OF TRANSFERRED PENSIONERS AND TRANSFERRED CONTRIBUTORS

   14.     Retirement benefit
   15.     Invalidity benefits
   16.     Medical examination of officers receiving an invalidity benefit in the form of a pension
   17.     Entitlement to a spouse pension on death of transferred pensioner or transferred contributor
   18.     Election by transferred contributor to take a pension benefit
   19.     Payment of a pension benefit
   20.     Resumption of payment of a spouse pension after suspension

   PART 5 - PERIODIC ADJUSTMENT OF PENSIONS

   21.     Definitions
   22.     Calculation of adjustment percentage
   23.     Adjustment of pension
   24.     Application of clause 23 to suspended pensions
   25.     Restriction on automatic adjustment of pension
   26.     Minimum amount to which pension may be reduced
   27.     Calculation of percentages
   28.     Adjustment of amounts specified in Schedule 2

   PART 6 - MISCELLANEOUS

   29.     Guarantee
           SCHEDULE 1
           SCHEDULE 2