Document ID: chunk:federal_register_of_legislation:F2004C00098:reg:184:p6
Version: federal_register_of_legislation:F2004C00098
Segment Type: reg
Provision Reference: reg 184 (pt 6/18)
Character Range: 61839–64565

eligible employee in subsection 3 (1) or a person who, immediately before the commencing day, was entitled to a relevant pension.
                      '(4) For the purpose of the application in relation to a prescribed person to whom this section applies of a formula in this section, A is:
                      (a) in the case of such a person who made an election under section 69 of the superseded Act — the number of units of pension that was determined for the purposes of that section to have been equivalent to the actuarial value, as at the date on which the person came under the superseded Act in pursuance of the election, of the benefits by way of pension or retiring allowance to which the person was then entitled by virtue of his or her rights under another Act or a State Act; or
                      (b) in the case of any other such person:
                      (i) except where subparagraph (ii) applies — the number of units of pension specified in the determination made by the Board in relation to the person under subsection 100J (2), 107K (2) or 110 (2) of the superseded Act, as the case may be; or
                      (ii) if subsection 119K (2) or (3) of the superseded Act applies in relation to the person — the sum of the number of units of pension specified in each of the determinations made by the Board in relation to the person under subsection 119K (2) of that Act.
                           '224 Annual rate of pension — prescribed person having certain aggregate of units of pension

                      '(1) This section applies to a prescribed person in relation to whom the number of units of pension ascertained in accordance with subsection 20 (2) of the superseded Act as it applied to the person immediately before his or her previous entitlement day exceeds the aggregate of:
                      (a) except where paragraph (b) applies — the number of units of pension for which the prescribed person was a contributor under the superseded Act immediately before that day and the number of non-contributory units of pension (if any) applicable in relation to the prescribed person under that Act immediately before that day; or
                      (b) where section 223 applies to the prescribed person — the total number of units of pension referred to in paragraph (a) and the number of units of pension referred to in paragraph 223 (4) (a) or subparagraph 223 (4) (b) (i) or (ii), as the case may be, in relation to the prescribed person.
                      '(2) Where a person, being a prescribed person to whom this section applies, is entitled to standard age retirement pension by virtue of subsection 55 (1), the annual rate of that pension is an amount per