Document ID: chunk:federal_register_of_legislation:C2022C00264:clause:11_146md
Version: federal_register_of_legislation:C2022C00264
Segment Type: clause
Provision Reference: sch 11 cl 146MD
Character Range: 618620–619509

146MD  Commutation of small associate pension
 (1) If:
 (a) the total annual rate of associate standard pension and associate additional pension (if any) to which the non‑member spouse becomes entitled; or
 (b) the annual rate of associate deferred pension to which the non‑member spouse becomes entitled;
is less than the amount determined under the Orders, then the non‑member spouse may elect to commute those pensions or that pension.
 (2) The election must be made in writing to CSC not later than 3 months after the non‑member spouse becomes entitled to the pensions or pension.
 (3) If the non‑member spouse makes the election, then the non‑member spouse is entitled instead to:
 (a) if paragraph (1)(a) applies—a lump sum equal to the transfer amount; or
 (b) if paragraph (1)(b) applies—a lump sum calculated under the Orders.

Division 3—Reduction of benefits for member spouse