Document ID: chunk:federal_register_of_legislation:F2024C00260:reg:1
Version: federal_register_of_legislation:F2024C00260
Segment Type: reg
Provision Reference: reg 1
Character Range: 657907–659915

1   The non‑indexed single life valuation factor (NIPF), and the non‑indexed reversion valuation factor (NIRF), for a person who is entitled to invalidity pay under Part V of the DFRDB Act, and has been classified as Class A or Class B by CSC under subsection 30 (1) of that Act, is zero.
Part 4 Military Superannuation and Benefits Scheme
Division 4.1 Interpretation

1 Interpretation
 (1) In this Part:
Act means the Military Superannuation and Benefits Act 1991.
associate pension has the meaning given by Part 1 of Schedule 1 to the Rules.
eligible child has the meaning given by Part 1 of Schedule 1 to the Rules.
eligible service has the meaning given by Part 1 of Schedule 1 to the Rules.
funded employer benefit has the meaning given by Part 1 of Schedule 1 to the Rules.
member has the meaning given by Part 1 of Schedule 1 to the Rules.
member benefit has the meaning given by Part 1 of Schedule 1 to the Rules.
membership has the meaning given by Part 1 of Schedule 1 to the Rules.
MSBS means the Military Superannuation and Benefits Scheme established by the Trust Deed under the Military Superannuation and Benefits Act 1991.
officer has the meaning given by subsection 4 (1) of the Defence Act 1903.
pension has the meaning given by Part 1 of Schedule 1 to the Rules.
preserved benefit has the same meaning as in section 14 of the Act.
spouse's pension has the meaning given by Part 1 of Schedule 1 to the Rules.
 (2) An expression used in this Part and in the Act has the same meaning in this Part as it has in the Act.
Note   An example of an expression used in this Part and in the Act is Rules.
Division 4.2 Interests in the growth phase

2 Methods and factors for interests of members in the MSBS
  For an interest that is in the growth phase in the MSBS mentioned in an item in the following table, the method or factor mentioned in the item is approved for section 4 of this instrument.

Item  Interest in the growth phase                                                Method or factor