Document ID: chunk:federal_register_of_legislation:F2024C00260:reg:94
Version: federal_register_of_legislation:F2024C00260
Segment Type: reg
Provision Reference: reg 94
Character Range: 207217–208669

94           2.6226         2.9866                2.6226   2.8741
95 and over  2.4468         2.7363                2.4468   2.6840

Part 2 Public Sector Superannuation Scheme
Division 2.1 Definitions

1 Definitions
 (1) In this Part:
accumulated transfer amount means the Accumulated Transfer Amount mentioned in rule 11.1.4 of the Rules.
Act means the Superannuation Act 1990.
PSS Scheme means the Public Sector Superannuation Scheme mentioned in section 3 of the Act.
Rules has the meaning given by section 3 of the Act.
Note   The Rules are set out in the Schedule to the Trust Deed referred to in section 4 of the Act.
 (2) Each of the following terms has the meaning given by rule 1.2.1 of the Rules:
  accumulated member contributions
  accumulated productivity contributions
  average salary
  early release deduction amount
  first day of membership
  maximum benefits member
  member
  pension
  preserved benefit member
  unfunded preserved benefit.
Division 2.2 Interest in the growth phase

2 Methods and factors for interests of members in the PSS Scheme
  For an interest that is in the growth phase in the PSS Scheme mentioned in an item in the following table, the method or factor mentioned in the item is approved for section 4 of this instrument.

Item  Interest in the growth phase                                                                                                                           Method or factor