Document ID: chunk:federal_register_of_legislation:F2024C00321:reg:16:p54
Version: federal_register_of_legislation:F2024C00321
Segment Type: reg
Provision Reference: reg 16 (pt 54/106)
Character Range: 258276–262923

section 240 of the Superannuation Act 1976; and
         (d) in respect of whom an amount was included in a schedule of payments from the Consolidated Revenue Fund to the approved superannuation scheme determined by the Minister under section 33E of the Superannuation Act 1990 or section 241 of the Superannuation Act 1976 but has not been paid; and
         (e) in respect of whom assets are transferred from the approved superannuation scheme to the PSS scheme.
5.2.24 A Non‑Cash Transfer Multiple is calculated by dividing:
         (a) the amount that would otherwise have been payable in respect of the regular member under a determination made under section 33E of the Superannuation Act 1990 or section 241 of the Superannuation Act 1976 on cessation of the person's membership of the approved superannuation scheme when he/she transferred to the PSS scheme; by
         (b) his/her average salary on the date he/she joined the PSS scheme.
5.2.25 A contribution due day in respect of a regular member entitled to a Non‑Cash Transfer Multiple includes:
         (a) any contribution due day which occurred in the period of service by that regular member in respect of which service an amount is included in a schedule of payments from the Consolidated Revenue Fund to the approved superannuation scheme determined by the Minister under section 33E of the Superannuation Act 1990; or
         (b) any contribution day for the purposes of the Superannuation Act 1976 on which the regular member was required to pay contributions which occurred in the period of service by that regular member in respect of which service an amount is included in a schedule of payments from the Consolidated Revenue Fund to the approved superannuation scheme determined by the Minister under section 241 of the Superannuation Act 1976.

Division 3

Calculating benefit accrual multiples
5.3.1 The Benefit Accrual Multiple applicable to a casual member is the sum of any of the multiples applicable to him/her.
Quick Guide to the Components of a Benefit Accrual Multiple
                                                             Possible Components            Results from                                                                                                                                                                            See
                                                             On‑going Multiple              Paying fortnightly contributions                                                                                                                                                        Rule 5.3.2
                                                             Additional Cover Multiple      An amount received from a life office in respect of a policy for extra death and invalidity cover                                                                                       Rule 5.3.10
                                                             Preserved Multiple             A preserved benefit from a previous period of PSS membership                                                                                                                            Rule 5.3.12
                                                             Restoration Multiple           A former invalidity pensioner again becoming a member                                                                                                                                   Rule 5.3.14
                                                             Excess Contribution Multiple   Paying fortnightly contributions above the maximum average rate that attract employer benefits                                                                                          Rule 5.3.16
                                                             Unfunded Transfer Multiple     An amount transferred on entry to the PSS scheme that is exclusively productivity benefit                                                                                               Rule 5.3.18
                                                             Membership Transfer Multiple   Combining benefits from previously concurrent periods of membership                                                                                                                     Rule 5.3.20
                                                             CSS Transfer Multiple          Transferring entitlements from the CSS scheme                                                                                                                                           Division 2 of Part