Document ID: chunk:federal_register_of_legislation:F2021C00237:reg:7:p27
Version: federal_register_of_legislation:F2021C00237
Segment Type: reg
Provision Reference: reg 7 (pt 27/46)
Character Range: 109235–112314

pensioner;
           (b) the interest (if any) in respect of fund earnings on the pension account as determined by CSC;
           (c) the amount (if any) of roll‑over superannuation benefit transferred or rolled‑over under Rule 2.4.1D, unless that amount is credited to the PSSAP member's personal accumulation account; and
           (d) such other amounts as CSC determines from time to time.
 3.6.7 The following amounts are to be debited to a pension account:
           (a) any pension payments made to or in respect of the PSSAP pensioner or a reversionary beneficiary;
           (b) the interest (if any) in respect of fund losses on the pension account as determined by CSC;
           (c) any fees, costs and expenses paid or deducted from the pension account under Rule 3.6.9;
           (d) any amounts commuted under Rule 3.6.3(i) or Rule 3.6.8;
           (da) any amount paid by CSC in respect of the PSSAP pensioner under Rule 3.1.11A; and
           (e) such other amounts as CSC determines from time to time.

   Commutation of amounts held in pension account

 3.6.8 If CSC receives a benefit application from a PSSAP pensioner, reversionary beneficiary or non‑member spouse pursuant to Rule 3.1.1(h), CSC may, subject to the SIS Act:
           (a) roll‑over or transfer to a superannuation entity or life assurance company;
           (b) pay to the person (as a lump sum);
           (c) if the application is from a PSSAP member, credit the person's personal accumulation account;
           (d) if the application is from a non‑member spouse, credit the person's non‑member spouse interest account;
           (e) if the application is from a PSSAP member with no personal accumulation account, create a personal accumulation account for the person, and credit that personal accumulation account;
           (f) if the application is from a former non‑member spouse with no personal accumulation account or non‑member spouse interest account, create a non‑member spouse interest account for the person, and credit that non‑member spouse interest account;
 such part of the person's pension account as is requested in the application.
 3.6.8A Where the pension is commuted because of Rule 3.6.3(i), CSC may, subject to the SIS Act:

         (a)  rollover or transfer to a superannuation entity;

       (b) pay to the person (as a lump sum);
              (c) credit the person's personal accumulation account;
              (d) credit the person's non‑member spouse interest account;
              (e) if the person is a PSSAP member with no personal accumulation account, create a personal accumulation account for the person, and credit that personal accumulation account;
              (f) if the person is a non‑member spouse with no personal accumulation account or non‑member spouse interest account, create a non‑member spouse interest account and credit that non‑member spouse interest account;
         all or part of the commutation amount.

Notes:
     1 The SIS Regulations may restrict the commutation of the pension if minimum thresholds