Document ID: chunk:federal_register_of_legislation:F2024C00260:reg:94:p2
Version: federal_register_of_legislation:F2024C00260
Segment Type: reg
Provision Reference: reg 94 (pt 2/2)
Character Range: 778288–779405

Division 5.3 Interests in the payment phase
Division 5.4 Factors
Schedule 1 Public sector superannuation plans — Commonwealth
(section 4)
Part 5 Parliamentary Contributory Superannuation Scheme
Division 5.1 Definitions

1 Definitions
 (1) In this Part:
Act means the Parliamentary Contributory Superannuation Act 1948.
fraction of a year means the quotient of the number of days of the period of service in the year and 365.
Scheme means the retirement scheme constituted by the Act.
 (2) An expression used in this Part and in the Act has the same meaning in this Part as it has in the Act.
Division 5.2 Interests in the growth phase

2 Methods and factors for interests of members in the Scheme
  For an interest that is in the growth phase in the Scheme 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