State Superannuation (Revised Scheme Medical Classifications) Regulations 1999
i
State Superannuation (Revised Scheme Medical
Classifications) Regulations 1999
S.R. No. 63/1999
TABLE OF PROVISIONS
Regulation Page
1. Objective 1
2. Authorising provision 1
3. Commencement 1
4. Revocation 2
5. Definitions 2
6. Full benefits payable 2
7. Limited contributors 3
8. Service benefits contributors 3
9. Death benefits 4
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NOTES 5
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1
STATUTORY RULES 1999
S.R. No. 63/1999
State Superannuation Act 1988
State Superannuation (Revised Scheme Medical
Classifications) Regulations 1999
The Governor in Council, after consideration of a report from
the Victorian Superannuation Board, makes the following
Regulations:
Dated: 1 June 1999
Responsible Minister:
ROGER HALLAM
Minister for Finance
SHANNON DELLAMARTA
Acting Clerk of the Executive Council
1. Objective
The purpose of these Regulations is to specify the
greater benefits payable under section 63(b) of the
State Superannuation Act 1988 when a revised
scheme member who is a limited contributor
becomes disabled or when a revised scheme
member who is a service benefits contributor dies
or becomes disabled.
2. Authorising provision
These Regulations are made under section 92 of
the State Superannuation Act 1988.
3. Commencement
These Regulations come into operation on 22 June
1999.
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4. Revocation
The State Superannuation (Revised Scheme
Medical Classifications) Regulations 19891 are
revoked.
5. Definitions
In these Regulations—
"Act" means the State Superannuation Act
1988;
"Membership" means the period in years for
which a revised scheme member has made
contributions to the State Superannuation
Fund, including contributions under section
49 of the Act and other unpaid parental leave
which is recognised as service under the Act;
"Total membership" means the years of
membership the officer could have
completed from commencement of
membership until the age of 60 years.
6. Full benefits payable
A revised scheme member who has been
classified as a limited or a service benefits
contributor must for the purposes of calculating
benefits be deemed to be a full benefits
contributor if—
(a) the membership of the revised scheme
member is not less than 20 years; or
(b) the revised scheme member has reached the
age of 60 years; or
(c) the Board is of the opinion that the death or
disability of the revised scheme member was
not caused or substantially contributed to by
a condition related to the reasons for the
medical classification.
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State Superannuation (Revised Scheme Medical Classifications)
Regulations 1999
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7. Limited contributors
Subject to regulation 6, if a revised scheme
member who has been classified as a limited
contributor retires on the grounds of disability the
pension payable is equal to the sum of—
(a) two-thirds of the revised scheme member's
pension; and
(b) one-third of the revised scheme member's
pension multiplied by Membership
Total Membership ;
and
(c) five per cent per year of membership
(subject to a maximum of 20 years) of the
amount of the revised scheme member's
pension reduced by the total of the amounts
specified in paragraphs (a) and (b).
8. Service benefits contributors
Subject to regulation 6, if a revised scheme
member who has been classified as a service
benefits contributor retires on the grounds of
disability before the age of 60 years the pension
payable is equal to the sum of—
(a) ten per cent of the revised scheme member's
pension; and
(b) ninety per cent of the revised scheme
member's pension multiplied by
Membership
Total Membership ; and
(c) five per cent per year of membership
(subject to a maximum of 20 years) of the
amount of the revised scheme member's
pension reduced by the total of the amounts
specified in paragraphs (a) and (b).
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Regulations 1999
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9. Death benefits
Subject to regulation 6, on the death of a revised
scheme member who has been classified as a
service benefits contributor, the revised scheme
member's pension for the purposes of sections
36(1) and 36(3) of the Act must be calculated in
accordance with regulation 8.
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Regulations 1999
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NOTES
1 Reg. 4: S.R. No. 173/1989.
Notes
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