Superannuation Act 1948 (Cth)

SUPERANNUATION.

No. 19 of 1948.

An Act to amend the Superannuation Act 1922–1947 and for other purposes.

[Assented to 18th May, 1948.]

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

Short title and citation. 1.—(1.) This Act may be cited as the Superannuation Act 1948. (2.) The Superannuation Act 1922-1947 is in this Act referred to as the Principal Act. (3.) The Principal Act, as amended by this Act, may be cited as the Superannuation Act 1922-1948. (4.) The Superannuation Act 1947, as amended by this Act, may be cited as the Superannuation Act 1947-1948.

Commencement 2. Subject to this Act, this Act shall commence on a date to be fixed by Proclamation.

Parts. 3. Section three of the Principal Act is amended by omitting the words— "Part IVa.—Military and Air Forces. Division 1.—General. Division 2.—Contributions. Division 3.—Pensions and Benefits.".

Interpretation. 4. Section four of the Principal Act is amended by omitting from paragraph (a) of sub-section (3a.) the words ",or, being a contributor in accordance with Part IVa. of this Act, has attained the age of fifty-five years".

Member of Naval Forces. 5. Section four a of the Principal Act is repealed.

Election to contribute for full pension at sixty years of age. 6. Section sixteen a of the Principal Act is amended by omitting from sub-section (1.) the words and to whom Part IVa. of this Act does not apply,".

Rights under State Acts not prejudiced. 7. Section fifty-one of the Principal Act is amended by omitting the words ", not being a person to whom Part IVa. of this Act applies,".

Repeal of Part IVa. 8.—(1.) Part IVa. of the Principal Act is repealed, but the provisions of that Part shall, subject to the succeeding sub-sections of this section, continue to apply— (a) in relation to pensions and benefits payable under that Part at the date of commencement of this section; and (b) in relation to pensions and benefits which, but for the repeal of that Part, would have become payable under that Part to the widows and children of deceased male pensioners, as if that Part had not been repealed. (2.) Part IVa. of the Principal Act, in its application from and including the first day of July, One thousand nine hundred and forty-seven, to and including the date of commencement of this section, shall be deemed to have had effect as if the salary of each officer and employee to whom that Part applied were the active pay for the substantive rank of the officer or employee together with the sum of Five shillings per day. (3.) A person whose name is specified in the first column of the Schedule to this Act (being an officer of the Permanent Military Forces who was retired prior to the date of commencement of this section) shall, in lieu of the pension or benefit to which, but for this section, he would be entitled under the Superannuation Act 1922–1948, be paid out of the Superannuation Fund a pension as follows:— (a) from and including the date of the retirement of that person to and including the thirtieth day of May, One thousand nine hundred and forty-seven—at the rate specified in the second column of that Schedule opposite to the name of that person; and