Continuation of Retirement Benefits Fund
27 Continuation of Retirement Benefits Fund
The Fund continued in existence under section 11 of the Retirement Benefits Act 1993 continues in existence, after the repeal of that Act, under the same name.
All contributions, payments, amounts, money and income payable under the regulations are to be paid into the Fund.
The Commission must pay out of the Fund all amounts prescribed by the regulations or as otherwise required by law.
The Commission and the Fund are liable to taxation imposed by or under any law of the State.
This provision refers to the regulations (the regulations
, prescribed by the regulations
). Made under this Act:
- Public Sector Superannuation Reform (Declaration of Commission) Notice 2020 · Regulation · under section 6(5)
- Public Sector Superannuation Reform (Parliamentary Superannuation) Regulations 2016
- Public Sector Superannuation Reform Regulations 2017
2 more instruments made under this Act are listed on the Act’s overview.
This Act’s bill:Explanatory notesSecond reading speech
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