South Australian Numbered Acts

[Index] [Table] [Search] [Search this Act] [Notes] [Noteup] [Previous] [Next] [Download] [Help]

SOUTHERN STATE SUPERANNUATION (INSURANCE, SPOUSE ACCOUNTS AND OTHER MEASURES) AMENDMENT ACT 2006 (NO 40 OF 2006) - SECT 4

4—Amendment of section 3—Interpretation

        (1)         Section 3(1), definitions of "additional invalidity/death insurance" and "additional invalidity/death insurance benefits —delete the definitions

        (2)         Section 3(1), definition of "contributions"—delete "or section 25A" and substitute:

, section 25A or section 26C

        (3)         Section 3(1), definition of "invalidity/death insurance benefits —delete "additional" and substitute:

voluntary

        (4)         Section 3(1), definition of "member"—after "means a member" insert:

(other than a spouse member)

        (5)         Section 3(1), definitions of "non-monetary remuneration" and "non-monetary salary"—delete the definitions and substitute:

"non-monetary salary", in relation to a member, means remuneration in any form resulting from the sacrifice by the member of part of his or her salary;

        (6)         Section 3(1), definition of "salary"—after "forms of remuneration" insert:

(including non-monetary salary)

        (7)         Section 3(1), definition of "salary", (a)—delete paragraph (a)

        (8)         Section 3(1)—after the definition of "spouse" insert:

"spouse account" means—

            (a)         a contribution account; or

            (b)         a rollover account; or

            (c)         a co-contribution account,

established and maintained by the Board for the benefit of a spouse member in accordance with the requirements of this Act;

"spouse member" means a spouse member of the Southern State Superannuation Scheme—see section 26D;

        (9)         Section 3(1)—after the definition of "visiting medical officer insert:

"voluntary invalidity/death insurance" means invalidity/death insurance granted by the Board under section 22;

"voluntary invalidity/death insurance benefits" means benefits payable in respect of voluntary invalidity/death insurance.

        (10)         Section 3(3) to (3c)—delete subsections (3) to (3c) (inclusive) and substitute:

        (3)         For the purposes of determining the amount of salary received by a member who is in receipt of non-monetary salary, the value of the non-monetary salary will be taken to be the amount of salary sacrificed by the member in order to receive the non-monetary salary.

        (11)         Section 3(5)—after "casual basis" insert:

pursuant to an arrangement under which he or she is to work for 9 or more hours each week or for periods that average, over a 3 month period, 9 or more hours each week

        (12)         Section 3(5)(a)(i)—delete subparagraph (i) and substitute:

                  (i)         if the member is incapacitated during that 12 month period, he or she may be entitled to benefits under section 34 on account of invalidity if the Board is satisfied that the member's incapacity for all kinds of work is 60 per cent or more of total incapacity and is likely to be permanent, and for that purpose—

                        (A)         the member's employment will be taken to have been terminated on account of invalidity by the employer on the date of incapacity; and

                        (B)         subsections (7), (8) and (9) of section 34 will not apply; and

                        (C)         the member must, within 6 months after becoming incapacitated to the extent envisaged by this subparagraph, give written notice to the Board claiming that the member is entitled to benefits under section 34; and



AustLII: Copyright Policy | Disclaimers | Privacy Policy | Feedback