Document ID: chunk:federal_register_of_legislation:F2025L00178:reg:15
Version: federal_register_of_legislation:F2025L00178
Segment Type: reg
Provision Reference: reg 15
Character Range: 58696–59450

15  Meaning of lifetime pension etc.
  To avoid doubt, a benefit in respect of a superannuation interest, or a component of a superannuation interest, of a member spouse in an eligible superannuation plan that is paid as a pension is not prevented from being a lifetime pension of the member spouse, or a pension payable for the life of a member spouse, merely because:
 (a) the benefit is paid upon the retirement of the member spouse (including retirement on the basis of invalidity); and
 (b) under the governing rules of the plan, the payments may be varied (including by being reduced to nil), suspended or cancelled.

Part 2—Payments that are not splittable payments: payments of a particular character, or payments after death of member spouse