Document ID: chunk:federal_register_of_legislation:F2025L00281:clause:1_3
Version: federal_register_of_legislation:F2025L00281
Segment Type: clause
Provision Reference: sch 1 cl 3
Character Range: 2493505–2496995

3     An interest that a person has as an old scheme contributor in the SA Police Superannuation Scheme, if the person has:                                                                                                                     where:
       (a) resigned with a contribution period of less than 120 months; and                                                                                                                                                                     C is the sum of:
       (b) preserved the person's accrued superannuation benefits under paragraph 34 (1) (b) of the Police Superannuation Act.                                                                                                                   (a) the balance of the contributor's account maintained under section 13 of the Police Superannuation Act at the relevant date; and
                                                                                                                                                                                                                                                 (b) 21/3 times the balance of that account.
                                                                                                                                                                                                                                                AS has the meaning given by item 2.
                                                                                                                                                                                                                                                M87 has the meaning given by item 1.
                                                                                                                                                                                                                                                Gy+m is the factor calculated in accordance with the following formula:
                                                                                                                                                                                                                                                where:
                                                                                                                                                                                                                                                Gy has the meaning given by item 2.
                                                                                                                                                                                                                                                m has the meaning given by item 1.
                                                                                                                                                                                                                                                Gy+1 has the meaning given by item 2.
                                                                                                                                                                                                                                                Pn is the person's part time proportion determined in accordance with the definition of Pn in subsection 34 (3a) of the Police Superannuation Act.