State Employees Retirement Benefits Act 1979

If a lump sum benefit (not being a payment under section 60A) to which a person is entitled is not paid on the date on which the person becomes entitled to the lump sum benefit, the person is entitled to receive interest at the interest rate determined by the Board under section 37(1)(a) from the date of entitlement until the lump sum benefit is paid.

S. 75 inserted by No. 81/1988 s. 24.