69
In forceEarnings to be credited to Member’s account
Part 3West State Super Scheme
Division 4West state accounts
69 Earnings to be credited to Member’s account
(1)
The Board is to credit earnings to each Member’s west state account at a rate equal to the Member’s earning rate on the balance of the account —
(a)
at least once every year; and
(b)
when the Member becomes entitled to payment of a benefit.
(2)
The Board is to decide whether the earning rate is to be applied to daily balances, average balances or on some other basis.
[Regulation 69 amended: Gazette 29 Jun 2001 p. 3086; 28 Jun 2002 p. 3012 and 3027; 19 Mar 2003 p. 837; 13 Apr 2007 p. 1623‑4.]
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