Parliamentary Superannuation and Other Entitlements Legislation Amendment Act 2004 (Cth)

Parliamentary Superannuation and Other Entitlements Legislation Amendment Act 2004

No. 87, 2004

An Act to amend the law relating to the superannuation and other entitlements of members of Parliament, and for related purposes

Contents 1 Short title 2 Commencement 3 Schedule(s)

Schedule 1—Closing off the current parliamentary contributory superannuation scheme, and related matters Parliamentary Contributory Superannuation Act 1948

Schedule 2—Salary sacrifice Parliamentary Contributory Superannuation Act 1948 Remuneration and Allowances Act 1990

Parliamentary Superannuation and Other Entitlements Legislation Amendment Act 2004

No. 87, 2004

An Act to amend the law relating to the superannuation and other entitlements of members of Parliament, and for related purposes

[Assented to 25 June 2004]

The Parliament of Australia enacts:

1 Short title

This Act may be cited as the Parliamentary Superannuation and Other Entitlements Legislation Amendment Act 2004.

2 Commencement

This Act commences on the day after it receives the Royal Assent.

3 Schedule(s)

Each Act that is specified in a Schedule to this Act is amended or repealed as set out in the applicable items in the Schedule concerned, and any other item in a Schedule to this Act has effect according to its terms.

Schedule 1—Closing off the current parliamentary contributory superannuation scheme, and related matters

Parliamentary Contributory Superannuation Act 1948

1 Subsection 4(1) (at the end of the definition of surcharge debt account) Add "and that related to the person's surchargeable contributions".

2 Paragraph 4E(1)(a) After "benefits", insert "under this Act".

3 Paragraph 4E(2)(c) After "likely to be payable to the person", insert "under this Act".

4 At the end of the Act Add:

29 Closing off the scheme constituted by this Act, and related matters