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Superannuation Laws Amendment
Act 1994

No. 96 of 1994

TABLE OF PROVISIONS

PART 1—PRELIMINARY

Section

  1. Short title
  2. Commencement

PART 2—AMENDMENT OF THE PARLIAMENTARY CONTRIBUTORY SUPERANNUATION ACT 1948

Division 1—Principal Act

  3. Principal Act

Division 2—Amendments to bring the parliamentary contributory superannuation scheme into line with the superannuation industry supervision legislation

  4. Object
  5. Interpretation

TABLE OF PROVISIONS—continued

Section

  6. Insertion of new section:
       16A. Superannuation guarantee safety-net amount
  7. Benefits to members
  8. Benefits payable to personal representative
  9. Re-election to the Parliament
      10. Members who pay to Commonwealth transfer values received from previous employment
 11. Insertion of new section:
       26B. Preservation of benefits and disclosure of information to members

Division 3—Amendments relating to invalidity

 12. Object
 13. Interpretation
 14. Insertion of new section:
       4D. Incapacity
 15. Insertion of new sections:
       15A. Invalidity retirement
       15B. Invalidity classification
       15C. Review of invalidity classification
 16. Meaning of voluntary retirement
 17. Benefits to members
 18. Repeal of section 18A
 19. Commutation of retiring allowance
 20. Insertion of new section:
       24D. Trust may give advice to members who are contemplating invalidity retirement
 21. Application

Division 4—Amendments relating to former members etc. who hold offices of profit

 22. Objects
 23. Effect of the holding of offices of profit—reduction of certain retiring allowances and annuities
 24. Application

Division 5—Amendments relating to members who have previously served in State or Territory Parliaments

 25. Object
 26. Interpretation
      27. Members who were in the Parliament on 1 July 1994—recognition of prior service in a State or Territory Parliament

          Division 6—Amendments relating to the rule requiring reduction of a retiring allowance or annuity payable to a person receiving a State or Territory parliamentary pension

 28. Object
      29. Reduction of benefits as a result of membership of a State Parliament, the Northern Territory Legislative Assembly or the A.C.T. Legislative Assembly

TABLE OF PROVISIONS—continued

Section

Division 7—Amendments relating to A.C.T. self-government

 30. Object
 31. Amendments

Division 8—Amendments to update the definition of "parliamentary allowance"

 32. Object
 33. Interpretation

Division 9—Amendment relating to spouse benefits

 34. Object
 35. Re-election to the Parliament

PART 3—AMENDMENT OF THE PARLIAMENTARY CONTRIBUTORY SUPERANNUATION AMENDMENT ACT 1981

 36. Object
 37. Principal Act
 38. Commencement
      39. Period of service as a member of State Parliament or Northern Territory Legislative Assembly to be taken into account in certain circumstances
      40. Reduction of benefits by reason of membership of State Parliament or Northern Territory Legislative Assembly
 41. Repeal of section 12

PART 4—AMENDMENT OF THE PARLIAMENTARY CONTRIBUTORY SUPERANNUATION AMENDMENT ACT 1983

 42. Object
 43. Principal Act
 44. Commencement
 45. Repeal of section 10

SCHEDULE

AMENDMENT OF THE PARLIAMENTARY CONTRIBUTORY SUPERANNUATION ACT 1948 CONSEQUENT UPON A.C.T. SELF-GOVERNMENT

Superannuation Laws Amendment
Act 1994

No. 96 of 1994

An Act to amend