Superannuation (Child, Adolescent and Family Health Service Employees) Regulations 2006 (SA)

South Australia Superannuation (Child, Adolescent and Family Health Service Employees) Regulations 2006 under the Superannuation Act 1988

Contents 1 Short title 2 Commencement 3 Interpretation 4 Modification of Act in relation to group A contributor 5 Modification of Act in relation to group B contributors Schedule 1—Contributors Schedule 2—Revocation of Superannuation (Child, Adolescent and Family Health Service Employees) Regulations 1993 Legislative history

1—Short title These regulations may be cited as the Superannuation (Child, Adolescent and Family Health Service Employees) Regulations 2006. 2—Commencement These regulations will come into operation on 1 September 2006. 3—Interpretation In these regulations, unless the contrary intention appears— Act means the Superannuation Act 1988; contributor means a person whose name appears in Schedule 1; group A contributor means the person whose name appears in Schedule 1 under the heading "Group A"; group B contributor means a person whose name appears in Schedule 1 under the heading "Group B". 4—Modification of Act in relation to group A contributor The provisions of the Act are modified in their application to the group A contributor as follows: (a) the group A contributor is a new scheme contributor; (b) the following subsection is substituted for section 32(2):

(2)|The lump sum to be paid to a surviving spouse, will be made up of the following components: (a) an employee component (to be charged against the contributor's contribution account) equivalent to the amount standing to the credit of the contributor's contribution account; (b) an employer component calculated in accordance with the following: (i) if the contributor had reached the age of 55 years on or before the date of death and is not survived by an eligible child—the employer component is calculated in the same way as the employer component of the lump sum that would have been payable to the contributor if he or she had retired on the date of death; (ii) if subparagraph (i) does not apply, the employer component is: (A) an amount calculated as follows: