New South Wales Consolidated Regulations

PUBLIC AUTHORITIES SUPERANNUATION (TRANSITIONAL PROVISIONS) REGULATION 1985 - REG 4

4 Election by transferred contributor to take pension benefit

(1) An election by a transferred contributor to take the benefit provided by clause 8 (2) and (3) of Schedule 6, or clause 8 (2) or (3) of Schedule 7, to the Act shall:

(a) be in a form approved by the Board, and

(b) specify such matters and be accompanied by such information provided by the employer of the transferred contributor at the time of retirement as the Board reasonably requires.

(2) The election shall be lodged at the office of the Board:

(a) in the case of an election to take a benefit referred to in subclause (1) instead of the whole or a specified part of the benefit provided by section 26 of the Act (benefit at age 65 or on early retirement or on death on or after age 60)--before or within the period of 2 months that next succeeds the date of the transferred contributor's ceasing to be an employee or attaining the age of 65 years, whichever first occurs, or

(b) in the case of an election to take a benefit referred to in subclause (1) instead of the whole or a specified part of the benefit provided by section 28 of the Act (benefit on total and permanent disablement before age 60)--within the period of 3 months (or such further period as the Board may in special circumstances allow) that next succeeds the date of the transferred contributor's ceasing to be an employee.