AustLII Tasmanian Numbered Acts

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PUBLIC SECTOR SUPERANNUATION REFORM ACT 2016 (NO. 11 OF 2016)

- Act 11 of 2016
- Royal Assent 17 June 2016

TABLE OF PROVISIONS

           Long Title

   PART 1 - Preliminary

   1.      Short title
   2.      Commencement
   3.      Interpretation
   4.      Meaning of salary
   5.      Act binds Crown

   PART 2 - Superannuation Commission Division 1 - Superannuation
   Commission

   6.      Superannuation Commission
   7.      Membership of Commission
   8.      Acting member of Commission

           Division 2 - Functions and powers

   9.      Functions and powers of Commission
   10.     Duties of Commission
   11.     Investment strategies of Commission
   12.     Delegation

           Division 3 - Miscellaneous

   13.     Disclosure of interest
   14.     Staff of Commission
   15.     Commission may engage administrators, consultants &c.
   16.     Judicial notice
   17.     Liability of Commission

   PART 3 - Transitional Role of Board and Commission

   18.     Composition of Board in transitional period
   19.     Functions of Board and Commission in transitional period

   PART 4 - Default Funds Division 1 - Nomination of default funds

   20.     Default fund
   21.     Employer contributions to be made to default fund if no chosen fund
           elected by employee

           Division 2 - Transfer of assets and members to initial default fund

   22.     Transfer to initial default fund of existing members and related
           assets
   23.     Effect of transfer
   24.     Part not to be taken to prevent choice of fund

   PART 5 - Contributory Scheme Division 1 - Commission to administer
   and manage Fund and contributory scheme

   25.     Functions of Commission after transfer date
   26.     Transfer of property of Board records &c.

           Division 2 - Fund

   27.     Continuation of Retirement Benefits Fund
   28.     Power to establish subfunds
   29.     Actuarial investigation of Fund

           Division 3 - Contributory scheme

   30.     Closure under Public Sector Superannuation Reform Act 1999 of
           contributory scheme remains in effect
   31.     Members of boards not entitled to be members of contributory scheme
   32.     Membership of contributory scheme by reason of 2 or more positions
           or capacities
   33.     Application of Commonwealth superannuation principles

   PART 6 - Continuation of Certain Schemes Division 1 - Tasmanian
   Ambulance Service Superannuation Scheme

   34.     Interpretation
   35.     TASS Trust Deed continues in force and remains binding
   36.     Contents of TASS Trust Deed
   37.     Amendment or revocation and substitution of TASS Trust Deed
   38.     Continued scheme
   39.     Transitional matters in relation to continued scheme
   40.     Certain determinations, &c., to continue to have effect
   41.     Guarantee by Minister

           Division 2 - State Fire Commission Superannuation Scheme

   42.     Interpretation
   43.     Trust Deed continues in force and remains binding
   44.     Contents of Trust Deed
   45.     Amendment or revocation and substitution of Trust Deed
   46.     Continued scheme
   47.     Transitional matters in relation to continued scheme
   48.     Certain determinations, &c., to continue to have effect
   49.     Guarantee by Minister

   PART 7 - Miscellaneous

   50.     Actuary
   51.     Employer contributions to chosen fund
   52.     Certain references in industrial awards
   53.     Transitional provisions in relation to certain RBF employees
   54.     Appropriation and Minister's guarantee
   55.     Annual reports
   56.     Notices are not statutory rules
   57.     Regulations generally
   58.     Regulations may contain transitional matters
   59.     Regulations may provide for cases of relationship breakdown
   60.     Transitional and savings provisions relating to repeal of Retirement
           Benefits Act 1993
   61.     Savings in relation to TGIO Reserve Account
   62.     Administration of Act
   63.     Legislation repealed
           SCHEDULE 1
           SCHEDULE 2
           SCHEDULE 3
           SCHEDULE 4

[ Note: This table has been automatically generated and may be incomplete. ]



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