Document ID: chunk:federal_register_of_legislation:F2024C00321:reg:16:p88
Version: federal_register_of_legislation:F2024C00321
Segment Type: reg
Provision Reference: reg 16 (pt 88/106)
Character Range: 349891–352540

Multiple.
6.9.2 If a member transfers his/her benefits to an eligible superannuation scheme under Division 8 of this Part, the whole of his/her Excess Contribution Multiple (if any) is included in his/her Benefit Accrual Multiple, and none of the subsequent rules in this Division apply.

When all or part of an Excess Contribution Multiple refunded
6.9.3 If:
    (a) a member resigns; or
    (b) a maximum benefits member retires or dies;
none of his/her Excess Contribution Multiple (if any) is included in his/her Benefit Accrual Multiple.
6.9.4 Where all or part of a former member's Excess Contribution Multiple is not included in his/her Benefit Accrual Multiple, a lump sum is payable to, or in respect of, the former member. The lump sum is calculated by multiplying the amount of the excluded Excess Contribution Multiple by the former member's final average salary.
6.9.5 If a lump sum is payable in respect of a deceased member under Rule 6.9.4, payment is to be made to the person to whom the balance of the former member's benefit is to be paid. CSC may apportion the amount where payment is to be made to two or more persons.

Effect of lump sum on accumulated member contributions and maximum benefit status
6.9.6 If a lump sum is payable under this Division, the accumulated member contributions of the former member are to be reduced by the amount of that lump sum.
6.9.7 A member who reaches his/her maximum benefit by the inclusion of all or part of his/her Excess Contribution Multiple is not regarded as a maximum benefits member for the purposes of this Division.

Division 10

Benefit options on choosing to cease to be a member
6.10.1 A person who elects to cease to be a member of the PSS scheme under section 6B of the Superannuation Act 1990 is entitled to a preserved benefit equal to his/her final benefit accrual.
6.10.2 If, before the preserved benefit ceases to be applicable to the person:
         (a) the person's employment ceases, otherwise than because of the person's death or retirement on the grounds of invalidity, before the person reaches his/her minimum retiring age; and
         (b) but for the election under section 6B of the Superannuation Act 1990, the person would have been a member continuously from the date he/she elected to cease to be a member of the PSS scheme until his/her last day of employment,
the person may choose to have the benefit paid in accordance with any one of the benefit options that would have been available if he/she had been a member of the PSS scheme on the date his/her employment ceased.  When applying the benefit option chosen by the person, any references in the