Document ID: chunk:federal_register_of_legislation:F2005C00642:reg:111:p6
Version: federal_register_of_legislation:F2005C00642
Segment Type: reg
Provision Reference: reg 111 (pt 6/16)
Character Range: 50967–53663

State scheme by a relevant eligible employee in respect of units of pension, including reserve units of pension, on the pay day last preceding the transfer day;
          (c) a reference to the amount of the initial basic contribution of an existing contributor were a reference to the amount of the basic contribution made or required to be made, by a relevant eligible employee on the contribution day that falls on 14 April 1977;
          (d) a reference to the first contribution day were a reference to the contribution day that falls on 14 April 1977;
          (e) a reference to the amount of the previous contribution (excluding contribution for reserve units) of an existing contributor were a reference to the amount of the contribution made, or required to be made, under the State scheme by a relevant eligible employee in respect of units of pension, other than reserve units of pension, on the pay day last preceding the transfer day;
          (f) a reference to the commencing day were a reference to 31 March 1977; and
          (g) a reference in subsection 186 (9) to the regulations were a reference to the Superannuation (Additional Contributions) Regulations.
         '130B
           Where a prescribed person is entitled to standard age retirement pension by virtue of subsection 55 (1) or (2) or standard early retirement pension by virtue of section 59, then, unless he or she is a prescribed person to whom section 130C applies, the annual rate of that pension is the amount per annum equal to the sum of the amount per annum to which he or she would, but for this section, be entitled in accordance with the provisions of this Act and the amount in dollars (if any) ascertained in accordance with the formula:

           where:
               A is the number of complete years in the period that, for the purposes of section 28B of the State Act as amended and in force immediately before the transfer date, would have been the person's period of contributory service if he or she had retired from his or her State employment on 30 March 1977.
               B is the number of complete years in the period that would, but for section 130D, be the person's period of contributory service.
               C is the number of dollars included in the employer component of the annual rate of pension to which the person would have been entitled under the State scheme if:
          (a) the State Act (other than Division 6 of Part IV), as amended and in force immediately before the transfer day, had continued to apply to the person;
          (b) the person had continued to be a member of the State scheme from and including the transfer day to and including his