Commonwealth Consolidated Acts

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SUPERANNUATION ACT 1976 - SECT 91

Rate of spouse's additional pension and amount of lump sum benefit

  (1)   Where the spouse of a deceased eligible employee is entitled to spouse's additional pension by virtue of section   89, then, subject to subsection   92(2), the annual rate of that pension is:

  (a)   an amount per annum equal to the amount (in this section referred to as the base amount ) that is the product of the accumulated contributions of the deceased eligible employee and such factor as is applicable in accordance with regulations made for the purposes of this paragraph; or

  (b)   if the rate ascertained in accordance with paragraph   (a) is greater than 13.4 per centum of the final annual rate of salary of the deceased eligible employee--13.4 per centum of that final annual rate of salary.

  (2)   Where the base amount is greater than an amount (in this subsection referred to as the maximum amount ) equal to 13.4 per centum of the amount per annum that is the final annual rate of salary of a deceased eligible employee, there shall be paid to the spouse of that eligible employee a lump sum benefit equal to the amount by which the accumulated contributions of the deceased eligible employee exceed an amount ascertained by dividing the maximum amount by the factor referred to in paragraph   (1)(a).



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