Document ID: chunk:federal_register_of_legislation:F2022C00997:reg:10:p1
Version: federal_register_of_legislation:F2022C00997
Segment Type: reg
Provision Reference: reg 10 (pt 1/4)
Character Range: 24671–27267

10  Scale of units of pension
 (1) Subject to these Regulations, contributions by an employee shall be for units of pension.
 (2) Subject to these Regulations, the number of units of pension, ignoring any fraction of a unit, for which an employee shall contribute at any time is:
 (a) in the case of an employee to whom paragraph (b) does not apply:
 (i) if the salary of the employee does not exceed the prescribed amount—the number of units ascertained in accordance with the formula
                               ; or
 (ii) if the salary of the employee exceeds the prescribed amount—the amount of units ascertained in accordance with the formula
                               ; or
 (b) in the case of an employee:
 (i) who became an employee on or after 21 April 1960;
 (ii) whose salary exceeds Two thousand six hundred dollars; and
 (iii) the number of years of whose prospective service is less than twenty;
  the number of units ascertained in accordance with the formula
                               .
 (3) For the purpose of the application at any time, in relation to an employee, of a formula contained in subregulation (2):
 (a) A is the number of dollars in the salary of an employee at that time;
 (b) B is the number of dollars in the prescribed amount;
 (c) C is the number of dollars in the amount by which the salary of the employee at that time exceeds the prescribed amount;
 (d) D is the number by which the number of years of prospective service of the employee at that time exceeds ten; and
 (e) E is the number of units of pension for which the employee would be required to contribute at that time under paragraph 2(a) if that paragraph were applicable to him.
 (4) For the purposes of subregulations (2) and (3), the prescribed amount is:
 (a) in relation to any time during the period that commenced on 19 August 1976 and ended on 24 November 1976—$15,340;
 (b) in relation to any time during the period that commenced on 25 November 1976 and ended on 30 March 1977—$15,730;
 (c) in relation to any time during the period that commenced on 31 March 1977 and ended on 25 May 1977—$15,990;
 (d) in relation to any time during the period that commenced on 26 May 1977 and ended on 31 August 1977—$16,250;
 (e) in relation to any time during the period that commenced on 1 September 1977 and ended on 21 December 1977—$16,510;
 (f) in relation to any time during the period that commenced on 22 December 1977 and ended on 1 March 1978—$16,770;
 (g) in relation to any time during the period that commenced on 2 March 1978 and ended on 7 June 1978—$16,900; and
  (h) in