Tasmanian Numbered Regulations Tasmanian Numbered Regulations
- (S.R. 2005, NO. 77)
TABLE OF PROVISIONS
Long Title
PART 1 - Preliminary
1. Short title
2. Commencement
3. Interpretation
4. Determination of preservation age
5. Application of regulations
6. Non-application of regulations
PART 2 - Application of Commonwealth Laws and Principles
7. Application of Commonwealth superannuation principles
8. Reduction or withholding of benefits
PART 3 - Administration
9. Constitution, membership and meetings of Board
10. Functions and powers of Board
11. Power of Board to engage persons and officers
12. Appointment of Chief Executive Officer
13. Conditions of appointment of CEO
14. Functions and duties of CEO
15. Termination of appointment of CEO
16. Corporate plan
17. Consultation with Minister
18. Statement of corporate intent
19. Annual reports of Board
20. Appointment of Actuary
PART 4 - Retirement Benefits Fund
21. Operation of Fund
22. Investment of Fund
23. Actuarial investigations of Fund
24. Power of Board to borrow
25. Minister's guarantee
26. Accounts and records
PART 5 - Membership, Contributions and Benefits of Contributory
Scheme Division 1 - Preliminary
27. Application of Part 5
28. Calculation of salary sacrifice contributions
Division 2 - Membership
29. Persons who may elect to join contributory scheme
30. Exemption from contributing
31. Purchase of certain periods of service
32. Recognition of service prior to commencement day
Division 3 - Contributions
33. Obligation of certain employees to contribute
34. Commencement and cessation of contributions
35. Time and manner of paying contributions
36. Rates of contributions and related matters
37. Leave and compulsory superannuation contributions at contributor cost
38. Leave and optional superannuation contributions at contributor cost
39. Leave and optional superannuation contributions at full actuarial cost
40. Leave without pay for amalgamated contributors
41. Interest and contributions paid for taxation
42. Contributors' accounts
43. Deductions against contributors' accounts for death and disability
cover
Division 4 - Lump sum benefits
44. Interpretation of Division 4
45. Calculation of prospective service for contributors employed otherwise
than full-time
46. Adjustment of service and salary for contributors employed otherwise
than full-time
47. Benefit on early retirement of contributors
48. Benefit on redundancy or compulsory retirement
49. Savings for entitlements of certain contributors under Retirement
Benefits Act 1982
50. Benefit for full benefits contributors on death or retirement due to
total and permanent incapacity
51. Benefit for limited benefits contributors on death or retirement due
to total and permanent incapacity
52. Benefit payable on resignation or dismissal of contributors
53. Benefit payable on death or retirement after retirement age
54. Preservation of contributions
55. Minimum benefit for 2.5% contributors and amalgamated contributors
56. Supplemental lump sum benefit payable in certain cases
Division 5 - Interim pensions
57. Interim invalidity pensions
58. Interim pensions for surviving partners
Division 6 - Prescribed arrangements
59. Declaration of prescribed arrangement
60. Application of prescribed arrangements to contributors
PART 6 - Powers and Duties of Board Division 1 - Investment
accounts
61. Member investment options
62. Establishment of investment accounts
63. Payment of voluntary contributions and spouse contributions into
investment account
64. Payment of additional employer contributions to investment account
65. Inward portability
66. Additional death and permanent incapacity cover
Division 2 - Compulsory preservation accounts and allocated pension
accounts
67. Establishment of compulsory preservation accounts
68. Allocated pension accounts
69. Deductions allowed against investment accounts and allocated pension
accounts
Division 3 - Payment of benefits
70. Time and manner of benefit payments
71. Release of preserved benefits
72. Early release of benefits
73. Payment where beneficiary incapable
74. Payment where beneficiary bankrupt
75. Unclaimed benefits
Division 4 - Overdue contributions and overpayment of pensions
76. Recovery of overdue contributions and payments
77. Overpayment of pensions or benefits
Division 5 - Invalidity of contributors
78. Question of invalidity to be determined by Board
PART 7 - Pensions
79. Conversion of lump sum benefits to pensions
80. Pension conversion factors
81. Pensions payable to surviving partners
82. Half-yearly adjustments to pensions
83. Duration of pensions
84. Time and manner of payment of pensions
85. Reduction or suspension of invalidity pensions in certain cases
86. Right of certain pensioners to commute pensions to lump sum
87. Amounts of pensions to be rounded off
PART 8 - Taxation, Preservation and Payment of Lump Sum and Pension
Benefit Entitlements
88. Calculation of notional contributions surcharge amounts
89. Provision of information
90. When benefit entitlements become payable
91. Benefit entitlements subject to taxation
92. Provision of certain information by Board
93. Establishment of surchargeable contributions debt account
94. Right of members to pay into surchargeable contributions debt
accounts
95. Reduction of benefit entitlements
PART 9 - Family Law (Splitting of Superannuation Interests)
96. Interpretation of Part 9
97. Application of Part 9
98. Objects of Part 9
99. Duty of Board to give effect to splitting instruments under Family
Law Act
100. Accounts for non-member spouse
101. Commutation of pension on death of non-member spouses
102. Effect of benefit under splitting instruments
103. Fees for administration of Part 9
104. Provision of information by Board
PART 10 - Financial
105. Cost of administration
106. Determination of employer component of benefits
107. Payments to Fund by Minister and prescribed authorities
108. Payments to Fund in respect of benefits reduced under Part 8
109. Provision for certain State authorities
110. Provision for payments by the State
111. Apportionment of employer liability
112. Fixing of interest rates
113. Income distributions for investment options
PART 11 - Discretionary Powers of Board Division 1 - Reduction in
salary
114. Interpretation of Division 1
115. Reduction in salary of certain contributors
116. Reduction in salary of amalgamated contributors
Division 2 - Miscellaneous powers of Board
117. Determination of questions arising under regulations
118. Power of Board to determine invalidity
119. Broken service
120. Medical examinations for entitlement to full benefits
121. Medical examinations for invalidity pensioners
122. False and misleading information
123. Power of Board to reinstate lost rights
124. Power of Board to grant pensions or lump sums not in accordance
with regulations
PART 12 - Review of Board's Decisions
125. Board not subject to direction
126. Statutory hearing
127. Right to apply to Supreme Court for declaration as to validity
128. Appeal against decisions, determinations or orders of Board
PART 13 - Miscellaneous and Supplemental
129. Pensions and benefits not assignable
130. Payment of benefits on death of RBF member
131. Duties of responsible officers and Board to provide information
132. Contributors seconded to Commonwealth, another State, a Territory or
private sector
133. Pensions and benefits not office of profit under Crown
134. Proof of service of notices and documents
135. Applications for pensions and lump sum payments
136. Power of Board to seek further information
137. Power of Board to withhold payment of benefits
138. Savings and transitional provisions
139. Statutory Rules rescinded
SCHEDULE 1
SCHEDULE 2
SCHEDULE 3
SCHEDULE 4
SCHEDULE 5
SCHEDULE 6
[ Note: This table has been automatically generated and may be incomplete. ]