Supplementary risk benefits, terms of
70B Supplementary risk benefits, terms of
The Board must decide the terms of any supplementary risk benefits provided for covered risk benefits Members under regulation 70A.
The Board may decide on different terms for different classes of covered risk benefits Members.
The terms of supplementary risk benefits may include terms in relation to all or any of the following —
eligibility for a benefit, and options in relation to eligibility;
levels or amounts of benefits, and options in relation to levels and amounts;
requirements for changing the level or amount of benefits;
form of benefits (whether lump sum, periodic payment or otherwise);
information and documents to be given to and by the Board;
amounts to be debited to Members’ accounts in respect of benefits for which they are eligible;
claims procedures and evidentiary requirements;
cessation, termination or cancellation of entitlement to benefits;
procedural and administrative matters relating to the provision of benefits.
[(4) deleted]
[Regulation 70B inserted: Gazette 30 Jun 2010 p. 3139‑40; amended: Gazette 10 Jan 2017 p. 150.]
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