Superannuation (Pension Increases) Act 1967 (Cth)

Superannuation (Pension Increases) Act 1967

Act No. 90 of 1967 as amended

This compilation was prepared on 27 September 2011 taking into account amendments up to Act No. 100 of 2011

The text of any of those amendments not in force on that date is appended in the Notes section

The operation of amendments that have been incorporated may be affected by application provisions that are set out in the Notes section

Prepared by the Office of Legislative Drafting and Publishing, Attorney‑General's Department, Canberra

Contents 1 Short title [see Note 1] 2 Commencement [see Note 1] 3 Interpretation 4 Increases in certain pensions 6 Payment of pension increases 7 Application

Notes An Act to provide for Increases in certain Superannuation Pensions

1 Short title [see Note 1]

This Act may be cited as the Superannuation (Pension Increases) Act 1967.

2 Commencement [see Note 1]

This Act shall come into operation on the day on which it receives the Royal Assent.

3 Interpretation

(1) In this Act, unless the contrary intention appears:

actual unit contribution, in relation to an eligible pensioner, means the number of units of pension in respect of which pension was payable to the pensioner immediately before the commencing date.

actual unit entitlement: (a) in relation to an eligible pensioner (not being a non‑contributing pensioner) who retired before the fourteenth day of December, One thousand nine hundred and fifty‑nine, means: (i) the number of units of pension that, at the relevant time, was applicable in relation to him under the scale set out in subsection (1) of section 13 of the Superannuation Act 1922 or of that Act as amended and in force at that time; or (ii) his actual unit contribution; whichever is the greater; (b) in relation to an eligible pensioner (not being a non‑contributing pensioner) who retired on or after the fourteenth day of December, One thousand nine hundred and fifty‑nine, but before the first day of November, One thousand nine hundred and sixty‑three, means: (i) the number of units of pension that, at the time immediately before his retirement, was applicable in relation to him under subsection (2) or subsection (3), as the case may be, of section 20 of the Superannuation Act 1922‑1959; or (ii) his actual unit contribution; whichever is the greater; (c) in relation to an eligible pensioner (not being a non‑contributing pensioner) who retired on or after the first day of November, One thousand nine hundred and sixty‑three, means: (i) the number of units of pension that, at the time immediately before his retirement, was applicable in relation to him under subsection (2) of section 20 of the Superannuation Act 1922‑1963 or of that Act as amended and in force at that time; or (ii) his actual unit contribution; whichever is the greater; and (d) in relation to an eligible pensioner (being a non‑contributing pensioner), means: (i) the number of units of pension that was, under the scale set out in subsection (1) of section 13 of the Superannuation Act 1922, applicable to an annual salary equal to his annual salary at the time immediately before his retirement; or (ii) four units of pension; whichever is the less.