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Superannuation Legislation Amendment Bill (No. 1) 2006

Schedule 2 Amendment of the Rules for the Administration of the Public Sector Superannuation Scheme

   

1  Rule B1.2.1 (definition of basic salary )

Repeal the definition, substitute:

basic salary                               of a member means:

(a)     the amount, or the element or elements of remuneration, ascertained under the determination of basic salary made by the Board under the Rules applicable at 30 June 1995 (unless any one of paragraphs (b) to (d) applies in relation to the member) ; and

(b)     if Rule B1.2.3 applies in relation to the member —the amount, or the element or elements of remuneration, ascertained under the determination mentioned in that Rule (unless paragraph (c) or (d) applies in relation to the member ); and

(c)     if Rule B1.2.4 applies in relation to the member —the amount ascertained under the determination mentioned in that Rule (unless paragraph (d) applies in relation to the member) ; and

(d)     if the member and his/her designated employer have agreed on an amount to be his/her basic salary— that amount.

2  Rule B1.2.1 (definition of recognised allowances )

Repeal the definition, substitute:

recognised allowances             of a member means:

(a)     the amount, or the element or elements of remuneration, ascertained under the determination of recognised allowances made by the Board under the Rules applicable at 30 June 1995 (unless any one of paragraphs (b) to (d) applies in relation to the member) ; and

(b)     if Rule B1.2.3 applies in relation to the member —the amount, or the element or elements of remuneration, ascertained under the determination mentioned in that Rule (unless paragraph (c) or (d) applies in relation to the member ); and

(c)     if Rule B1.2.4 applies in relation to the member —the amount ascertained under the determination mentioned in that Rule (unless paragraph (d) applies in relation to the member) ; and

(d)     if the member and his/her designated employer have agreed on an amount to be his/her recognised allowances— that amount.

3  At the end of Division 2 of Part B1

Add:

Minister may make determinations of basic salary and recognised allowances

 

B1.2.3 This rule applies in relation to a member if the Minister makes a determination of an amount, or an element or elements of remuneration, as basic salary or recognised allowances , that applies in relation to the member .

 

Members to whom a determination applies

 

B1.2.4 This rule applies in relation to a member if:

(a)        the member is appointed under an Act and a Minister makes a determination under that Act in respect of the remuneration of the member ; or

(b)        the member is appointed under the Parliamentary Service Act 1999 and the Presiding Officers (within the meaning of that Act) make a determination under that Act in respect of the remuneration of the member ; or

(c)        a determination is made under the Remuneration Tribunal Act 1973 in respect of the remuneration of the member ;

and:

(d)        an amount of basic salary of the member can be ascertained under the determination; or

(e)        an amount of recognised allowances of the member can be ascertained under the determination and the determination expressly mentions recognised allowances .

4  Application

(1)        The amendments made by this Schedule apply:

                     (a)  for a determination made under the Remuneration Tribunal Act 1973 (other than a determination made under section 12C of that Act)—in respect of any determination made in respect of the remuneration of a person after this item commences; and

                     (b)  for any other determination (including a determination made under section 12C of the Remuneration Tribunal Act 1973 )—in respect of any determination made in respect of the remuneration of a person (whether the determination is made before or after this item commences).

(2)        However, if:

                     (a)  a determination in respect of the remuneration of a person is made before this item commences; and

                     (b)  an amount is paid to or in respect of the person under the Superannuation Act 1990 before this item commences; and

                     (c)  the amount paid is more than the amount that would have been paid if the basic salary or recognised allowances had been ascertained under the determination;

the amendments made by this Schedule do not apply in respect of the determination for the purposes of determining the amount of the payment.

(3)        In addition, if:

                     (a)  the amount mentioned in paragraph (2)(b) is an amount of a pension; and

                     (b)  the pension continues to be paid to or in respect of the person after this item commences;

the amendments made by this Schedule do not apply in respect of the determination for the purposes of determining the amount of any payments of the pension that are paid to or in respect of the person after this item commences.

 

 

 

[ Minister’s second reading speech made in—

House of Representatives on 17 November 2004

Senate on 2 December 2004 ]

(170/04)