Document ID: chunk:federal_register_of_legislation:F2022C00514:reg:99
Version: federal_register_of_legislation:F2022C00514
Segment Type: reg
Provision Reference: reg 99
Character Range: 192197–193007

99  Annual rate of associate pension
  For rule 95, the annual rate of associate pension payable to a non‑member spouse is calculated as follows:

Step 1  Identify the transfer amount in relation to the non‑member spouse.
Step 2  Identify a pension factor, nominated by an actuary for this rule, based on the non‑member spouse's age and gender.
        Note 1: Schedule 4 to the Family Law (Superannuation) Regulations 2001 sets out general pension factors based on age and gender, but those factors are not specific to benefits payable under the Act.
        Note 2: The associate pension does not include a reversionary component and therefore ceases on the death of the non‑member spouse.
Step 3  Divide the transfer amount by the pension factor.

  The result is the annual rate of the associate pension.