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SUPERANNUATION ACT 1922 - SECT 73

Increase in certain pensions

  (1)   The rate of pension payable to a person under sections   71 or 72 (not being a pension for which contributions were made to a State Fund as defined by section   101) shall, subject to subsection   (2), be increased:

  (a)   if the rate of the pension does not exceed $520 per annum--by one - fifth;

  (b)   if the rate of pension exceeds $520 per annum but does not exceed $1300 per annum--by $104 per annum; or

  (c)   if the rate of pension exceeds $1300 per annum but is less than $1404 per annum--by such sum as will increase the rate of that pension to $1404 per annum.

  (2)   The rate of pension payable to the widow of a person who, but for his death, would have been entitled to receive a pension under sections   71 or 72 (not being a pension for which contributions were made to a State Fund as defined by section   101) shall be increased:

  (a)   if the rate of the pension does not exceed $260 per annum--by one - fifth;

  (b)   if the rate of the pension exceeds $260 per annum but does not exceed $650 per annum--by $52 per annum; or

  (c)   if the rate of the pension exceeds $650 per annum but is less than $702 per annum--by such sum as will increase the rate of that pension to $702 per annum.

  (3)   For the purposes of this section, the rate of pension payable under section   71 or 72 includes the amount of the increase in the pension effected by section   31A of the Superannuation Act 1948 or, in the case of a pension which becomes payable after the commencement of this section, the amount by which the rate of pension would have been increased under section   31A of that Act if the pension had become payable immediately before the commencement of this section.

  (4)   The Commonwealth shall pay to the Superannuation Fund the amount of the increases of pensions effected by this section.



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