Document ID: chunk:federal_register_of_legislation:C2022C00264:section:57a
Version: federal_register_of_legislation:C2022C00264
Segment Type: section
Provision Reference: s 57A
Character Range: 164823–165755

57A  Age retirement pension on election under section 76A
  Where a person:
 (a) makes an election under section 76A; and
 (b) would, if he or she had retired otherwise than on the ground of invalidity, have been entitled to a standard age retirement pension under section 55;
then, on the day on which the person ceases to be entitled to an invalidity pension because of the election, the person becomes entitled to:
 (c) standard age retirement pension at the rate that would have been the rate of that pension at the time of the election if he or she had retired otherwise than on the ground of invalidity; and
 (d) if the person did not make an election under section 68 or 71 at the time of his or her retirement, additional age retirement pension in accordance with subsection 57(1) as if his or her accumulated contributions consisted only of his or her accumulated basic contributions.

Division 2—Early retirement benefit