Document ID: chunk:federal_register_of_legislation:C1968A00103:body:0:p2
Version: federal_register_of_legislation:C1968A00103
Segment Type: other
Provision Reference: 
Character Range: 2572–5643

its stead the following sub-section:—
       "(6.) The rates of contributions under this section are—
         (a) in the case of a Minister, the President of the Senate, the Speaker of the House of Representatives or the Leader of the Opposition in the House of Representatives—eleven and one-half per centum of the monthly amount of the basic ministerial salary;
         (b) in the case of the Leader of the Opposition in the Senate or the Deputy Leader of the Opposition in the House of Representatives—five and three-quarters per centum of the monthly amount of the basic ministerial salary; and
         (c) in the case of the Deputy Leader of the Opposition in the Senate—two and seven-eighths per centum of the monthly amount of the basic ministerial salary."; and
       (c) by omitting sub-section (7.) and inserting in its stead the following sub-sections:—
      "(7.) For the purposes of the last preceding sub-section, the monthly amount of the basic ministerial salary shall be deemed to be one-twelfth of the annual amount of that salary.
    "(8.) In this section, 'month' means one of the twelve months of the year.".

Benefits to contributors.
6. Section 22h of the Principal Act is amended—
       (a) by omitting sub-section (2.) and inserting in its stead the following sub-section:—
      "(2.) Where the period of service of the person is not less than eight years, the benefit shall be a pension the rate of which shall be such percentage of the rate of the basic ministerial salary immediately before the person became entitled to pension (or, if he was not an office-holder immediately before he became entitled to pension, of the rate of the basic ministerial salary at the time

     he ceased to be an office-holder) as is ascertained in accordance with the following scale:—
Number of complete years in period of service of person  Percentage of basic ministerial salary to be paid as pension

 8 years...................................              21 per centum
 9 years...................................              25 per centum
10 years....................................             29 per centum
11 years....................................             33 per centum
12 years....................................             38 per centum
13 years....................................             44 per centum
14 years or more..............................             50 per centum";

      (b) by inserting in sub-section (3.), after the word "Minister,", the words "the President of the Senate, the Speaker of the House of Representatives".

7. After section 22h of the Principal Act the following section is inserted:—

Application of pension provisions to certain persons.
" 22ha.—(1.) This section applies to a person to or in respect of whom pension becomes payable under this Part and who has not been an office-holder at any time after the commencement of this section.
"(2.) Notwithstanding the definition of 'the basic ministerial salary' in sub-section (1.) of section twenty-two a of this Act, the basic ministerial