Superannuation Act 1976

Submitted by Richard_Li on Fri, 02/17/2023 - 00:42

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Commonwealth Superannuation Corporation (CSC)

Distinguished Terms in this instrument

Term(s)	Definition	Defined in Legislation	See Section(s)
prescribed half‐year	means the half ‐ year commencing on 1 January 2002 or a subsequent half ‐ year.	Superannuation Act 1976	Superannuation Act 1976 - 147 Interpretation
previous contribution (excluding contribution for reserve units)	, in relation to an existing contributor, means the amount of the contribution made, or required to be made, by the contributor under the superseded Act in respect of units of pension, other than reserve units of pension, on the pay day last preceding the commencing day.	Superannuation Act 1976	Superannuation Act 1976 - 181 Interpretation
previous contribution (including contribution for reserve units)	, in relation to an existing contributor, means the amount of the contribution made, or required to be made, by the contributor under the superseded Act in respect of units of pension, including reserve units of pension, on the pay day last preceding the commencing day.	Superannuation Act 1976	Superannuation Act 1976 - 181 Interpretation
productivity benefit	means a benefit payable under section 110P.	Superannuation Act 1976	Superannuation Act 1976 - 110P Productivity benefit Superannuation Act 1976 - 110A Interpretation
productivity contribution	, in relation to a productivity employee, has the meaning given by section 110C.	Superannuation Act 1976	Superannuation Act 1976 - 62A Interpretation Superannuation Act 1976 - 110SB Interpretation Superannuation Act 1976 - 110A Interpretation Superannuation Act 1976 - 110C Productivity contributions
productivity employee	means:	Superannuation Act 1976	Superannuation Act 1976 - 51 Leave of absence without pay Superannuation Act 1976 - 110A Interpretation Superannuation Act 1976 - 110E Exclusion of certain employees
productivity related benefit	means a benefit not payable under this Act that consists of, or is worked out by reference to, an amount like the amount described in paragraph 110Q(1)(a).	Superannuation Act 1976	Superannuation Act 1976 - 110Q Accumulated employer contributions Superannuation Act 1976 - 110A Interpretation
profit	includes capital profit.	Superannuation Act 1976	Superannuation Act 1976 - 3 Interpretation
PSS Fund	means the Fund established, and vested in CSC , by the Trust Deed.	Superannuation Act 1990	Superannuation Act 1990 - 3 Interpretation
Public Sector Superannuation Scheme	means the superannuation scheme established by the Trust Deed.	Superannuation Act 1990	Superannuation Act 1990 - 3 Interpretation
rate of fund contribution tax	means 15% or such other rate as is determined by CSC under section 110SD.	Superannuation Act 1976	Superannuation Act 1976 - 62A Interpretation Superannuation Act 1976 - 110SB Interpretation Superannuation Act 1976 - 110SD CSC may determine rate of fund contribution tax
regulated superannuation fund	has the same meaning as in the SIS Act.	Superannuation Act 1976	Superannuation Act 1976 - 3 Interpretation
relevant industrial organization	means an organization the members, or a substantial proportion of the members, of which are eligible employees.	Superannuation Act 1976	Superannuation Act 1976 - 3 Interpretation
relevant period of employment	, in relation to a person, means:	Superannuation Act 1976	Superannuation Act 1976 - 62A Interpretation Superannuation Act 1976 - 110SB Interpretation
retirement	means retirement on the ground of invalidity.	Superannuation Act 1976	Superannuation Act 1976 - 54D Interpretation
retirement pensioner	means:	Superannuation Act 1976	Superannuation Act 1976 - 3 Interpretation Superannuation Act 1976 - 110T Circumstances in which benefits may be postponed
re‐employed former contributor with preserved rights	has the meaning given by section 4B.	Superannuation Act 1976	Superannuation Act 1976 - 3 Interpretation Superannuation Act 1976 - 4B Meaning of re - employed former contributor with preserved rights
rules	, in relation to a superannuation scheme, means the rules governing the operation of the scheme, whether contained in a law or in a trust deed or other instrument.	Superannuation Act 1976	Superannuation Act 1976 - 125 Interpretation
Rules for the administration of the Public Sector Superannuation Scheme	means the rules for the administration of that scheme set out in the Schedule to the deed by which that scheme was established.	Superannuation Act 1976	Superannuation Act 1976 - 3 Interpretation
Rules for the administration of the Superannuation (1990) Scheme	means the rules for the administration of that scheme set out in the Schedule to the deed by which that scheme was established.	Superannuation Act 1976	Superannuation Act 1976 - 3 Interpretation