Superannuation Regulations 2016 (SA)

South Australia Superannuation Regulations 2016 under the Superannuation Act 1988

Contents Part 1—Preliminary 1 Short title 3 Interpretation Part 2—Election of members of Board 4 Interpretation 5 Election of members 6 Timetable for elections 7 Persons eligible to vote 8 Nominations 9 Election without ballot 10 Ballot papers 11 Electoral material to be provided with ballot papers 12 Voting 13 Duplication and late return of ballot papers 14 Counting of votes 15 Scrutineers 16 Declaration of election Part 3—Commutation of pensions Division 1—Preliminary 17 Interpretation Division 2—Commutation of pensions 18 Right to apply for commutation 19 Commutation factors Division 3—General 20 Commutation under section 40B of Act 21 Restriction on commutation 22 Adjustment of commutation factors 23 Rounding off lump sums Part 4—Transition to retirement 24 Adjustments under section 26A of Act 25 Modification of section 26A(5) of Act 26 Adjustments under section 33A of Act 27 Application for benefit in respect of rollover account 28 Certain provisions do not apply Part 5—Salary Division 1—Non TEC salary 29 Interpretation 30 Exclusion of certain remuneration from salary 31 Inclusion of certain allowances as component of salary 32 Exclusion of non-monetary remuneration Division 2—TEC salary 33 Proportion of remuneration package that is salary Division 3—Related provisions 34 Interpretation 35 Salary in relation to fixed term appointments 36 Special provision relating to certain TEC contracts without tenure 37 Special provision relating to certain transferred contributors 38 Determination of salary for contributor transferred to entity outside of Public Service 39 Determination of salary for contributor returning to Public Service after employment with relevant entity 40 Determination of salary if contributor employed by more than 1 employer 41 Election to reduce salary Part 6—Non-member spouse entitlements 42 Procedure for payment of lump sum 43 Procedure for payment of pension 44 Associate pension Part 7—General 45 Prescribed authorities etc 46 Fund's share of administration costs 47 Removal or variation of conditions on benefits 48 Classification of contributors as old scheme contributors 49 Contributions by employee on leave without pay 50 Notice to the Board on retrenchment 51 Notice to the Board on invalidity 52 Minimum pension payable to eligible children 53 Payment in case of pensioner who is incompetent 54 Employment of medical practitioner 55 Notification to Board on change in working hours Schedule 1—Factors for determination of associate pension Legislative history