Document ID: chunk:federal_register_of_legislation:C2024C00651:section:18:p3
Version: federal_register_of_legislation:C2024C00651
Segment Type: section
Provision Reference: s 18 (pt 3/4)
Character Range: 68084–70708

together with a payment of the Commonwealth supplement;
 (iv) the superannuation guarantee safety‑net amount.
Note: The references in this subsection to the rate of parliamentary allowance for the time being payable are affected by section 22T.
 (2AB) If the amount referred to in subparagraph (2AA)(e)(iii) is equal to the amount referred to in subparagraph (2AA)(e)(iv), paragraph (2AA)(e) has effect as if the amount referred to in subparagraph (2AA)(e)(iii) were greater than the amount referred to in subparagraph (2AA)(e)(iv).
 (2AC) If:
 (a) a person is entitled to a retiring allowance under paragraph (2AA)(c) or (d); and
 (b) under section 15C, the Trust reviews the person's current classification as a class 1 invalid or a class 2 invalid, as the case may be; and
 (c) the Trust decides to re‑classify the person under section 15C;
the following provisions have effect from the date on which the re‑classification takes effect:
 (d) the person ceases to be entitled to a retiring allowance under whichever of paragraph (2AA)(c) or (d) was applicable;
 (e) the person becomes entitled to a retiring allowance or benefit under whichever of paragraph (2AA)(c), (d) or (e) is applicable to the person as a result of the re‑classification.
 (2A) For the purposes of subsection (1B) and paragraphs (2)(aa) and (2AA)(b), every senator whose term of office was 6 years shall, if at the expiration of 3 years after the commencement of that term of office that term of office had not expired, be deemed (in addition to his or her having ceased to be a senator at the actual expiration of that term of office if he or she continued in office for the whole of that term) to have at the expiration of that period of 3 years ceased to be a senator by reason of the expiration of that term of office.
 (3) Where a person has been appointed to hold the office of a senator by the Governor of a State under section 15 of the Constitution, his or her ceasing to be a member upon the expiration of 14 days after the beginning of the next session of the Parliament of the State, or upon the election of a successor, as the case may be, shall not be taken into account for the purposes of subsection (1B) or paragraphs (2)(aa) and (2AA)(b).
 (4) In the case of a member (other than a member to whom subsection (1A) or (1B) applies) who retires voluntarily, the benefit (subject to subsections (8B)) is the greater of the following:
 (a) a refund of his or her contributions together with a payment of 50% of the Commonwealth supplement;
 (b) the superannuation guarantee safety‑net amount.
 (5) If the amount referred to in paragraph