Victorian Numbered Acts

EMERGENCY SERVICES SUPERANNUATION (AMENDMENT) ACT 2005 (NO 32 OF 2005) - SECT 10

After section 27 of the Emergency Services Superannuation Act 1986 insert —

        "27A.     Unpaid lump sum benefits

If any lump sum benefit is not paid within 14 days of the date of termination of service of a contributor, the unpaid benefit is deemed to yield net earnings at a net earning rate as the Board in its discretion considers appropriate in the circumstances at that time from the date of termination of service until the date on which the lump sum benefit is paid or transferred to an account established under this Act at the request of the contributor.".

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