Units taken up at exit day
10AF Units taken up at exit day
The contribution of a former contributor referred to in section 10R (1) in respect of an additional unit of pension shall, if the former contributor’s exit day is before the contribution period in which the former contributor would attain the maturity age, and whether or not the former contributor has attained the prescribed age, be the contribution payable for one contribution period in accordance with the appropriate table of contributions.
Where—
an election by a former employee or a former employee’s spouse or de facto partner under section 10Z to take up an abandoned unit takes effect, and
the former employee’s exit day is before the contribution period in which the former employee would attain the maturity age,
the contribution payable in respect of the unit shall, whether or not the former employee has attained the prescribed age, be the contribution for one contribution period in accordance with the appropriate table of contributions.
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