NSW Legislation
State Authorities Superannuation (Government Railways Superannuation Scheme Transfer) (Savings and Transitional) Regulation 1990
Part 1 Preliminary
1 Name of Regulation This Regulation may be cited as the State Authorities Superannuation (Government Railways Superannuation Scheme Transfer) (Savings and Transitional) Regulation 1990.
2 Commencement (1) This Regulation is to be taken to have commenced on 1 June 1990, except as provided by this clause. (2) In respect of— (a) the contributors named in Schedule 1, and (b) any contributor who has died during the period of 2 months beginning on 1 April 1990, the provisions of this Regulation are to be taken to have commenced on the day before the contributor's exit date.
3 Definitions In this Regulation— Commonwealth pension means— (a) a service pension payable under Part III of the Veterans' Entitlements Act 1986 of the Commonwealth, or (b) an age or invalid pension payable under Part IV of the Social Security Act 1947 of the Commonwealth, or (c) a class "B" widow's pension payable under Schedule 1B to the Social Security Act 1947 of the Commonwealth. contributor under the earlier Act means a person who was, immediately before the transfer date, a contributor to the Government Railways Superannuation Account. old board means the board constituted under section 110 of the Government Railways (Superannuation) Act 1912. pension includes a spouse pension. salary for the purpose of determining the transfer points of a transferred contributor means the salary reported to the SAS Board for that purpose by the contributor's employer. SAS Board means the SAS Trustee Corporation established under the Superannuation Administration Act 1996. SAS Fund means the State Authorities Superannuation Fund established in accordance with the later Act. service, in relation to a transferred contributor, means the period of complete years, not exceeding 40, during which contributions to the Government Railways Superannuation Account were paid by or in respect of the contributor and in respect of which contributions were held immediately before the transfer date. spouse pension means a pension that the spouse or de facto partner of a transferred pensioner or transferred contributor is entitled to receive under clause 17.
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