Document ID: chunk:federal_register_of_legislation:F2024C00321:reg:16:p62
Version: federal_register_of_legislation:F2024C00321
Segment Type: reg
Provision Reference: reg 16 (pt 62/106)
Character Range: 281831–284887

or, if less, total number of contribution days, and will have regard to:
         (a) the methods of assessing the Average Factor and the Contribution Payable set out in Rule 5.4.2; and
    (b) the member's contribution and salary experience; and
    (c) the need to maintain equity between members.
5.4.4 CSC may substitute an earlier date for the date a regular member:
         (a) ceases membership because of invalidity retirement; or
         (b) dies;

if the member had one or more protracted periods of paid or unpaid sick leave or compensation leave related to the medical condition or conditions that substantially contributed to his/her invalidity retirement or death in the three years prior to that cessation of membership or death.

Division 5

Invalidity Multiple
5.5.1 An Invalidity Multiple applies to, or in relation to, a casual member if he/she:
         (a) ceases membership because of invalidity retirement before age 60 or death before age 60; or
         (b) is deemed by CSC under Rule 8.5.3 to have ceased membership because of invalidity retirement before age 60:
unless:
         (A) he/she is, at the time membership ceased:
         (i) a limited benefits member; or
         (ii) a maximum benefits member; or
         (B) he/she chose to take a lump sum benefit of his/her final benefit accrual when CSC accepted that he/she is suffering from a terminal medical condition (see Rule 6.5.1).

5.5.2 An Invalidity Multiple applicable to a casual member is the sum of the multiples that would have accrued if he/she had paid contributions on the number of contribution days determined under Rule 5.5.3, using the following formula:

where:

                   Average Factor is the average of the Factor values used in the formula in Rule 5.3.3 over the lesser of his/her last 78 contribution due days or number of contribution due days; and

                   Contribution Payable is the amount of contribution that would have been paid by the former member had he/she continued to pay contributions at the greater of:
                      5%; or
                      the average percentage rate paid over the lesser of the 78 contribution due days immediately before he/she ceased membership or his/her number of contribution due days;
                   of the fortnightly contribution salary applicable to him/her on the later of his/her last birthday or date of last becoming a casual member; provided the percentage rate:
                      cannot exceed 10%; and
                     is limited to 5% for the lesser of the number of contribution days occurring between the date he/she ceased membership and the date he/she would have:
                           accrued 260 contribution due days; or
                           reached age 60; or
                           reached his/her maximum benefit;
                    if the number of contribution due days used to determine the member's Average Accrual under Division 2 of this Part is less than 260.

                   Annual Contribution