Document ID: chunk:federal_register_of_legislation:F2024C00321:reg:55:p33
Version: federal_register_of_legislation:F2024C00321
Segment Type: reg
Provision Reference: reg 55 (pt 33/83)
Character Range: 485479–488302

the meaning of the Income Tax (Transitional Provisions) Act 1997), payable to, or in respect of him/her; or
         (c) an amount payable to, or in respect of, him/her in accordance with the Superannuation Guarantee (Administration) Act 1992; or
         (d) an amount payable in respect of the person under the Superannuation (Government Co‑contribution for Low Income Earners) Act 2003;
into the PSS scheme as a transfer amount.
11.1.1A A preserved benefit member may transfer an amount payable in respect of the person under the Superannuation (Government Co‑contribution for Low Income Earners) Act 2003 into the PSS scheme as a transfer amount where the amount, in total or part, relates to a period where the person was a member.

Payments in respect of performance pay or productivity contributions
11.1.2 A member or a preserved benefit member may transfer into the PSS scheme as a transfer amount an amount payable to, or in respect of, him/her by a declared fund (within the meaning of the Superannuation (Productivity Benefit) Act 1988) or by a superannuation entity as defined in the SIS Act other than that declared fund, which wholly or in part represents:
         (a) contributions made in respect of performance pay (within the meaning of the Superannuation (Productivity Benefit) Alternative Arrangements Declaration No. 6 (Statutory Rules 1993, No. 34)); or
         (b) continuing contributions (within the meaning of the Superannuation (Productivity Benefit) Act 1988) that have been paid, but are no longer being paid in respect of a continuous period of employment of the member or preserved member.

Payments to be paid into the PSS Fund
11.1.3 CSC must pay any transfer amount into the PSS Fund.

Accumulation of transfer amount and preserved amount
11.1.4 Interest (if any) on a transfer amount paid into the PSS Fund accumulates in accordance with a determination or determinations by CSC as to rates of interest and method of allocation.
11.1.5 Interest (if any) on an accumulated transfer amount preserved in the PSS scheme on cessation of membership accumulates in accordance with a determination or determinations by CSC as to rates of interest and method of allocation.

Division 2

Benefit entitlement on cessation
11.2.1 A member who:
         (a) transferred a transfer amount into the PSS scheme under Rule 11.1.1, after 31 December 1995, the entitlement to which did not arise from employment during a period of leave of absence without pay that commenced on or before that date (see Rule 11.3.4); and
         (b) ceases to be a member, but not by reason of death;
is, subject to Rule 11.2.1A, entitled to:
             (i) payment or transfer of the accumulated transfer amount under the same conditions, in the same manner and, where relevant, to the same extent as permitted by the