Employee contributions for particular existing permanent employees other than defined benefit members

Current

(1)

This section applies in relation to a person who—

(a)

immediately before the commencement, was a permanent employee of a local government or local government entity; and

(b)

is neither of the following on the commencement—

(i)

a defined benefit member;

(ii)

a person to whom section 358 of the Act applies.

(2)

From the commencement, for section 220A(2) of the Act, the amount prescribed for the person is equal to the rate of the person’s salary equivalent to the amount of the person’s yearly contribution immediately before the commencement.

(3)

This section applies despite section 303(1).

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376 Employee contributions for particular existing permanent employees other than defined benefit members