Document ID: chunk:federal_register_of_legislation:C2025C00186:section:134
Version: federal_register_of_legislation:C2025C00186
Segment Type: section
Provision Reference: s 134
Character Range: 250049–250725

134  Reduction of compensation on reaching pension age
 (1) When a former employee to whom section 131, 132 or 132A applies reaches pension age, the amount of compensation payable per week to the former employee but for this section must be reduced by an amount calculated under the formula:
where:
age as at commencing day means the age of the former employee, expressed in completed years, as at the commencing day.
amount of weekly compensation means that amount of compensation payable per week to the former employee.
 (2) Neither section 8 nor section 13 applies to the amount of compensation payable to an employee from time to time in accordance with subsection (1).