Document ID: chunk:federal_register_of_legislation:F2024C00321:reg:9
Version: federal_register_of_legislation:F2024C00321
Segment Type: reg
Provision Reference: reg 9
Character Range: 12366–13301

9  Operation of the PSS Fund

     9.1 All contributions and other moneys paid to CSC, or as directed by CSC, shall be held in trust by CSC in the PSS Fund. The PSS Fund shall be managed and invested by CSC in accordance with the Act and the Deed.
     9.2 The PSS Fund shall comprise:
         (a) contributions made by or on behalf of members;
         (b) contributions made by employers pursuant to the Act and the Deed;
         (c) any other moneys paid or transferred to CSC pursuant to the Act and the Deed or which become subject to the trusts of the Deed;
         (d) the income arising from investments;
         (e) any accretions to or profits on realisation of investments; and
         (f) funded components of associate benefits.
     9.3 The PSS Fund shall be used by CSC to pay benefits to or in respect of members and associates, and to pay the costs and expenses of the management and investment of the PSS Fund.