Document ID: chunk:federal_register_of_legislation:C2004A05281:clause:6_25
Version: federal_register_of_legislation:C2004A05281
Segment Type: clause
Provision Reference: sch 6 cl 25
Character Range: 66844–67606

25  After subsection 43(2)
Insert:
 (2AA) If:
 (a) a contributing member dies and is survived by one or more eligible orphans; and
 (b) the member's surcharge debt account is in debit when pension becomes payable to the orphan or orphans;
then, subject to subsection (2A), there is payable to the orphan or each of the orphans, instead of the pensions described in subsection (2), a pension at the rate worked out by using the formula:
where:
basic rate means the amount per annum equal to the sum of the rates of the pensions described in subsection (2).
conversion factor is the factor that is applicable to the member under the determination made by the Authority under section 124A.
surcharge deduction amount means the member's surcharge deduction amount.