Public Sector Superannuation Reform Act 2016

In this Division –

accumulation benefit component means the part of the former superannuation scheme that, immediately before the day on which this Division commences, was the total of all Accumulated Credits provided for under the former trust deed;

continued scheme means the part of the former superannuation scheme that is continued by section 44;

defined benefit component means the part of the former superannuation scheme that, immediately before 1 May 2006, was not the accumulation benefit component;

former superannuation scheme means the State Fire Commission Superannuation Scheme as administered by the former trustee immediately before 24 June 2005;

former trust deed means the Deed of Trust executed by the Commission on 17 January 1995 in respect of the State Fire Commission Superannuation Scheme and includes that deed as amended or substituted from time to time;

former trustee means the State Fire Commission Superannuation Scheme Pty Ltd (ACN 067 921 760) in its capacity as trustee of the former superannuation scheme;

State Fire Commission means the State Fire Commission as defined in the Fire Service Act 1979;

Trust Deed means the Trust Deed dated 26 April 2006 which was executed and in force immediately before the transfer date under section 4 of the Retirement Benefits (State Fire Commission Superannuation Scheme) Act 2005 and includes that deed as amended or substituted from time to time, before the Deed was terminated by section 43.