Scheme closed for new employees
20A Scheme closed for new employees
On and from the commencement of the Aware Super Act 1992 (8 December 1992) there is to be no benefit provided by this Act for an employee who ceases to be an employee on or after that commencement, unless the employee is within one of the following categories—
non-contributing employees who commenced employment before 1 July 1992,
employees who were contributing employees immediately before 8 December 1992,
employees who elect to become, are taken to have elected or who become contributing employees on or after 8 December 1992 by virtue of section 2A, 2B or 2C of the State Authorities Superannuation Act 1987,
employees exercising a transfer option conferred under Part 6 or Part 7 of the Superannuation Administration Act 1996.
The expressions contributing employee and non-contributing employee have the meanings given in Part 4A.
Any determination of STC under section 19 (Transfer of employees) is to be taken into account in determining for the purposes of this section whether an employee was employed on a particular date.
An irregular employee who commenced employment before 1 July 1992 is taken for the purposes of this Act to have been an employee on 30 June 1992. If the employee carries out any duties after that date, the employee is taken to have commenced to be an employee for the purposes of the Aware Super Act 1992 on the first date on which those duties were carried out after 30 June 1992.
This Act’s bill:Explanatory memorandum
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