Document ID: chunk:federal_register_of_legislation:C1959A00102:front:0:p6
Version: federal_register_of_legislation:C1959A00102
Segment Type: other
Provision Reference: 
Character Range: 12188–14754

For the purposes of this section—
       (a) the salary of an employee who is paid salary at a rate other than an annual rate of salary shall be ascertained as prescribed;

       (b) where the salary of an employee is increased by reason of an award, order or determination made by the Public Service Arbitrator or by the Commonwealth Conciliation and Arbitration Commission, the date on which the order or determination is made shall be deemed to be the date upon which the employee's salary is increased;
       (c) the selected retiring age of an employee is, subject to the last preceding sub-section—
            (i) in the case of an employee who has made an election under section sixteen a of this Act— the age of sixty years; and
            (ii) in any other case—the age of sixty-five years; and
       (d) the number of years of prospective service of an employee |is the number of complete years between the date upon which he became an employee and the date upon which he will attain his selected retiring age.".

11. Section fifteen of the Principal Act is repealed and the following section inserted in its stead:—

Contributor reduced in salary.
"15. Where the salary of a contributor is reduced and by reason of that reduction falls within a salary group specified in Part I. or Part II. of the First Schedule to this Act, as the case may be, lower than the salary group in which it fell before it was reduced, the contributor may elect to reduce the number of units of pension for or in respect of which he shall contribute to a number of units not less than the number of units appropriate to the first-mentioned salary group.".

12. Section sixteen of the Principal Act is repealed and the following section inserted in its stead:—

Contributions by employees.
"16.—(1.) Subject to this Act, the amount of contribution to be paid by an employee is an amount ascertained in accordance with the tables of contributions set out in the Third Schedule to this Act.
"(2.) In the case of a male employee whose obligation to contribute to the Fund comes into existence on or after the fourteenth day of December, One thousand nine hundred and fifty-nine, the rate of contribution in respect of two of his initial units of pension is the rate appropriate to his age next birthday set out in Table IX. or Table XI. in the Third Schedule to this Act, as the case may be, increased by Sixpence in respect of each of those two units.

"(3.) The amount of contribution to be paid by an employee who has elected that section seventeen aa of this Act shall not