Document ID: chunk:federal_register_of_legislation:F2021C00237:reg:7:p7
Version: federal_register_of_legislation:F2021C00237
Segment Type: reg
Provision Reference: reg 7 (pt 7/46)
Character Range: 55005–59197

an account‑based pension because of the death of a PSSAP pensioner.

roll‑over                                                  has the same meaning as in the SIS Act.

roll‑over application                                      means a written application to CSC requesting CSC to roll‑over or transfer benefits from the PSSAP to a superannuation entity, an RSA or a life insurance company.

roll‑over superannuation benefit                           has the same meaning as the Income Tax Assessment Act 1997.

RSA                                                        has the same meaning as in the SIS Act.

shortfall component                                        means the shortfall component within the meaning of section 64A or 64B of the Superannuation Guarantee (Administration) Act 1992.

SIS Act                                                    means the Superannuation Industry (Supervision) Act 1993 and the regulations in force under that Act.

SIS Regulations                                            means the Superannuation Industry (Supervision) Regulations 1994.

standard risk                                              in relation to an ordinary employer‑sponsored member being assessed by a life office for the provision of supplementary death and invalidity cover or income protection cover under Part 4 of the Rules, means an ordinary employer‑sponsored member who does not:
                                                               (a) suffer from any physical or mental incapacity or condition; or
                                                               (b) engage in any hazardous occupation or pursuit.

superannuation entity                                      has the same meaning as in the SIS Act.

superannuation salary                                      has the meaning given in Rule 2.2.2.

surcharge                                                  has the same meaning as in the Superannuation Contributions Tax (Assessment and Collection) Act 1997.

surchargeable contributions                                has the same meaning as in the Superannuation Contributions Tax (Assessment and Collection) Act 1997.

taxation legislation                                       means the Taxation Administration Act 1953, the Income Tax Assessment Act 1997 or the Income Tax (Transitional Provisions) Act 1997.

temporary incapacity                                       has the same meaning as in the SIS Act.

total benefit                                              in relation to a PSSAP member, means the balance of the member's personal accumulation account at the end of the day before the benefit is paid.

transfer                                                   has the same meaning as in the SIS Act.

transfer amount                                            means an amount transferred or rolled‑over in respect of:
                                                               (a) an ordinary employer‑sponsored member to CSC under Rule 2.4.1; or
                                                               (b) a PSSAP member to CSC under Rule 2.4.1A or Rule 2.4.1D; or
                                                               (c) a current government scheme member to CSC under Rule 2.4.1B; or
                                                               (d) a former government scheme member to CSC under Rule 2.4.1C;
                                                           less income tax payable by the PSSAP Fund in relation to that amount.

transitional member                                        means an ordinary employer‑sponsored member who has attained their preservation age.

transition to retirement income stream                     has the same meaning as in the SIS Act.

workplace agreement                                        means a "workplace agreement" within the meaning of section 4 of the Workplace Relations Act 1996, as continued in existence as a transitional instrument under the Fair Work (Transitional Provisions and Consequential Amendments) Act 2009.

workplace determination                                    means a "workplace determination" within the meaning