Document ID: chunk:federal_register_of_legislation:F2025L00281:clause:1_7
Version: federal_register_of_legislation:F2025L00281
Segment Type: clause
Provision Reference: sch 1 cl 7
Character Range: 2510431–2514137

7     An interest that a person has as a new scheme contributor in the SA Police Superannuation Scheme, if the person has:                                                                                                                      where:
       (a) resigned; and                                                                                                                                                                                                                        SG is the amount in respect of the person calculated in accordance with paragraph 22 (1b) (a) of the Police Superannuation Act at the relevant date.
       (b) elected to take an immediate benefit under paragraph 22 (1) (a) of the Police Superannuation Act; and                                                                                                                                AS has the meaning given by item 2.
       (c) not received the person's additional entitlement under one of the paragraphs in subsection 22 (1a) of the Police Superannuation Act.                                                                                                 M8792 is the number of complete months of the person's contribution period occurring after 31 December 1987 and before 1 July 1992.
                                                                                                                                                                                                                                                Pn is the person's part time proportion determined in accordance with the definition of Pn in subsection 22 (1b) of the Police Superannuation Act.
                                                                                                                                                                                                                                                Fy+m is the factor calculated in accordance with the following formula:
                                                                                                                                                                                                                                                where:
                                                                                                                                                                                                                                                Fy has the meaning given by item 6.
                                                                                                                                                                                                                                                m has the meaning given by item 1.
                                                                                                                                                                                                                                                Fy+1 has the meaning given by item 6.

Division 3.3 Interests in the payment phase

3 Methods and factors for interests of members in the SA Police Superannuation Scheme
  For an interest that is in the payment phase in the SA Police Superannuation Scheme mentioned in an item in the following table, the method or factor mentioned in the item is approved for section 5 of this instrument.

Item  Interest in the payment phase                                                                                                                                                                                                                                                 Method or factor