Document ID: chunk:federal_register_of_legislation:F2024C00321:reg:16:p60
Version: federal_register_of_legislation:F2024C00321
Segment Type: reg
Provision Reference: reg 16 (pt 60/106)
Character Range: 276283–279249

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.
5.3.25 A contribution due day in respect of a casual member entitled to a Non‑Cash Transfer Multiple includes:
         (a) any contribution due day which occurred in the period of service by that casual 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 casual member was required to pay contributions which occurred in the period of service by that casual 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 4

Invalidity Multiple
5.4.1 An Invalidity Multiple applies to, or in relation to, a regular 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 ceases:
             (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 6.4.1).
5.4.2 An Invalidity Multiple applicable to a regular member is the sum of the multiples that would have accrued if he/she had paid contributions on each contribution day occurring from the date of ceasing membership (see Rule 5.4.4) to the earlier of:
    (a) age 60; or
         (b) the date he/she would have become a maximum benefits member (see also Rule 11.3.17) if:
             (i) contributions had continued to be paid at the Contribution Payable rate determined in the formula below; and
             (ii) the maximum benefit had been based on the member's final average salary;

             using the following formula:

where:

                   Average Factor for a former regular member who was a permanent full‑time employee or a temporary full‑time employee immediately before ceasing membership  (see Rule 5.4.4), is 1; and

                    for a former member who was a permanent part‑time employee or a temporary part‑time employee immediately before ceasing membership (see Rule 5.4.4), is the total part‑time hours worked, including any hours not worked that attracted a partial invalidity pension or