Document ID: chunk:federal_register_of_legislation:F2025L00281:clause:1_98:p9
Version: federal_register_of_legislation:F2025L00281
Segment Type: clause
Provision Reference: sch 1 cl 98 (pt 9/26)
Character Range: 1642983–1645508

the Regulations were satisfied.
Bs is the number of days of the person's service in the period commencing on 1 July 1988 and ending on the date when the requirements of Part 3 of the Regulations were satisfied.
EFPs is the employer financed proportion of the person's benefit immediately before the time when the requirements of Part 3 of the Regulations were satisfied, calculated in accordance with the formula:
  where:
  EFBs is the employer financed component of the benefit that is payable to the person, worked out in accordance with the formula in step 5 of the method set out in clause 2, immediately before the time when the requirements of Part 3 of the Regulations were satisfied.
  TPCIs is the total amount of the person's contributions and interest, being the amount that would have been required to be calculated under subsection 33B (4) of the NSW Superannuation Act if a benefit had been payable to the person immediately before the time when the requirements of Part 3 of the Regulations were satisfied.
CD is the total number of days of the person's service at the relevant date.
B is the number of days of the person's service in the period commencing on 1 July 1988 and ending at the end of the relevant date.
EFP is the employer financed proportion of the person's benefit at the relevant date, calculated in accordance with the formula:
  where:
  EFB is the employer financed component of the benefit that is payable to the person, worked out in accordance with step 5 of the method set out in clause 2.
  TPCI is the total amount of the person's contributions and interest, at the relevant date, that would be debited from his or her contributor's account, under subsection 33B (4) of the NSW Superannuation Act, if a benefit under that Act were to become payable to that person at that date.

Subdivision 8.2.2 Reasons and assumptions in respect of interest described in Subdivision 8.2.1

8 Reasons for payment of benefit
 (1) For step 1 of the method set out in clause 2, and paragraph (a) of the definition of Bt,r in subclause 6 (1), each of the events set out in subclauses (4) to (10) is a reason.
 (2) For the definition of pt,r in clause 4, each of the events set out in subclauses (3), (6), (7), (8), (9) and (10) is a reason.
 (3) The person retired when the person was at least 55 years and was entitled to a benefit under section 27, 28, 28A or 28AA of the NSW Superannuation Act.
 (4) The person retired when the person was at least 60 years and was entitled to a benefit under section