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s 45Q

Benefit payable on invalidity retirement

In force
Part 4Northern Territory Government Death and Invalidity Scheme
Division 4Entitlements

45Q Benefit payable on invalidity retirement

(1)

If a member is entitled to a benefit on invalidity retirement, the NTGDIS benefit is payable to the member.

(2)

However, if a benefit (a workers' compensation benefit) is payable to the member under workers' compensation legislation or a workers' compensation agreement, the NTGDIS benefit is to be reduced by the amount of the worker's compensation benefit.

(3)

If a workers' compensation benefit consists of periodic payments, the amount of the benefit is taken to be the notional redemption value (as determined by an approved actuary) of the periodic payments.

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