Document ID: chunk:federal_register_of_legislation:F2024C00321:reg:16:p74
Version: federal_register_of_legislation:F2024C00321
Segment Type: reg
Provision Reference: reg 16 (pt 74/106)
Character Range: 313457–316278

he/she has not made contributions for more than 26 consecutive fortnights, provided periods of leave without pay where he/she is not allowed to pay contributions are not counted towards the 26 consecutive fortnights; or
         (b) CSC accepts a certification in writing from him/her that he/she has no plans to be re‑employed by the Commonwealth or an approved authority within one year of last ceasing such employment; or
    (c) he/she reaches his/her maximum retiring age;

but is then deemed to have ceased to be a member on the last day of employment by the Commonwealth or an approved authority.

Division 3

Benefit options — before minimum retiring age
6.3.1 A member who, before 1 July 2000, ceases membership on involuntary retirement before minimum retiring age is entitled to leave his/her final benefit accrual in the scheme as a preserved benefit, or, as an alternative, may choose:
         (a) to be paid a lump sum of that part of his/her final benefit accrual that the SIS Act permits to be paid in cash, or a lump sum of less than that amount, and:
             (i) leave the balance of his/her final benefit accrual in the scheme as a preserved benefit; or
             (ii) roll‑over the balance of his/her final benefit accrual; or

             (iii) if the balance is 50% or more of his/her final benefit accrual, convert the balance into a pension; or
         (b) to take his/her final benefit accrual as a pension; or
         (c) to roll‑over his/her final benefit accrual; or
         (d) to combine his/her final benefit accrual with the benefit accruing under another current period of membership, provided the combined benefit does not exceed his/her maximum benefit (see Rules 5.2.20 and 5.3.20);

unless:

         (A) he/she ceases membership on the sale or transfer of all or part of an organisation, business, service, asset or function (see Division 6 of Part 6); or
         (B) he/she transfers his/her benefits to an eligible superannuation scheme (see Rule 6.8.6), or joins an approved superannuation scheme (see Rule 6.8.10) or an authorised superannuation scheme (see Rule 6.8.11).
6.3.2 A member who, on or after 1 July 2000, ceases membership on involuntary retirement before minimum retiring age is entitled to leave his/her final benefit accrual in the scheme as a preserved benefit, or, as an alternative, may choose:
         (a) to be paid a lump sum of that part of his/her final benefit accrual that the SIS Act permits to be paid in cash and that does not exceed his/her accumulated member contributions, or a lump sum of less than that amount, and:
             (i) leave the balance of his/her final benefit accrual in the scheme as a preserved benefit; or

             (ii) roll‑over the balance of his/her final benefit plus the superannuation guarantee