Employer contributions for particular existing employees during transition period
374 Employer contributions for particular existing employees during transition period
This section applies if, immediately before the commencement, a person under 75 years was—
a permanent employee of the Brisbane City Council; or
a standard permanent employee of another local government or a local government entity.
For calculating the amount of the yearly contribution the person’s employer must make, under section 220(2)(b) of the Act, for the person for the transition period—
new section 302(1) does not apply; and
either—
if the person is a person mentioned in subsection (1)(a) who is at least 70 years—the amount is equal to 14% of the person’s former salary; or
otherwise—former section 302(1) continues to apply in relation to the person despite the commencement of the Local Government Legislation (Superannuation) Amendment Regulation 2024, section 13.
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