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Thursday, 30 April 1987
Page: 2402

(Question No. 5102)

Mr Lloyd asked the Minister for Aviation, upon notice, on 19 February 1987:

What are the details of the present arrangements concerning superannuation between the Commonwealth and employees of Australian Airlines.

Mr Peter Morris —The answer to the honourable member's question is as follows:

As at 30 June 1986 there were 989 Australian Airlines employees contributing to the Commonwealth Superannuation Scheme. Under the terms of the Superannuation Act 1976, benefits will become payable to these employees from the Consolidated Revenue Fund provided they satisfy the eligibility requirements set out in that Act.

The Australian National Airlines Commission pays employer contributions to the Commonwealth Superannuation Scheme at the same rate as it contributes to its private schemes.

The Commonwealth has no other arrangements concerning superannuation with employees of Australian Airlines.