Superannuation Laws Amendment Act 1994 (Cth)

Superannuation Laws Amendment Act 1994

No. 96 of 1994

TABLE OF PROVISIONS

PART 1—PRELIMINARY

Section

1. Short title 2. Commencement

PART 2—AMENDMENT OF THE PARLIAMENTARY CONTRIBUTORY SUPERANNUATION ACT 1948

Division 1—Principal Act

3. Principal Act

Division 2—Amendments to bring the parliamentary contributory superannuation scheme into line with the superannuation industry supervision legislation

4. Object 5. Interpretation

TABLE OF PROVISIONS—continued

Section

6. Insertion of new section: 16A. Superannuation guarantee safety-net amount 7. Benefits to members 8. Benefits payable to personal representative 9. Re-election to the Parliament 10. Members who pay to Commonwealth transfer values received from previous employment 11. Insertion of new section: 26B. Preservation of benefits and disclosure of information to members

Division 3—Amendments relating to invalidity

12. Object 13. Interpretation 14. Insertion of new section: 4D. Incapacity 15. Insertion of new sections: 15A. Invalidity retirement 15B. Invalidity classification 15C. Review of invalidity classification 16. Meaning of voluntary retirement 17. Benefits to members 18. Repeal of section 18A 19. Commutation of retiring allowance 20. Insertion of new section: 24D. Trust may give advice to members who are contemplating invalidity retirement 21. Application

Division 4—Amendments relating to former members etc. who hold offices of profit

22. Objects 23. Effect of the holding of offices of profit—reduction of certain retiring allowances and annuities 24. Application

Division 5—Amendments relating to members who have previously served in State or Territory Parliaments

25. Object 26. Interpretation 27. Members who were in the Parliament on 1 July 1994—recognition of prior service in a State or Territory Parliament