SUPERANNUATION.
No. 19 of 1956.
An Act to amend the Superannuation Act 1922–1955.
[Assented to 12th May, 1956.]
BE it enacted by the Queen’s Most Excellent Majesty, the Senate, and the House of Representatives of the Commonwealth of Australia, for the purpose of appropriating the grant originated in the House of Representatives, as follows:—
Short title and citation
1.—(1.) This Act may be cited as the Superannuation Act 1956.
(2.) The Superannuation Act 1922–1955, as amended by this Act, may be cited as the Superannuation Act 1922–1956.
Commencement.
2. This Act shall be deemed to have come into operation on the twelfth day of November, One thousand nine hundred and fifty-five.
Further increases in certain pensions.
3. Section fifty-nine a of the Superannuation Act 1922–1955 is amended by omitting sub-sections (1.) and (2.) and inserting in their stead the following sub-sections:—
“(1.) Where a pension is, at the date of commencement of this sub-section, payable to a person under section fifty-seven of this Act (not being a pension payable to a widow or a pension for which contributions were made to a State Fund as defined by section sixty an of this Act), the annual rate of that pension on and after the date of commencement of this sub-section is the amount per annum that would be applicable under section fifty-seven of this Act as affected by the last preceding section plus the appropriate amount per annum specified in the second column of the following table:—
First Column. | Second Column. |
Amount per annum under section 57 of this Act as affected by section 59 of this Act. | Additional amount per annum. |
Not exceeding £312..................................... | One-sixth of the amount per annum under section 57 of this Act as affected by section 59 of this Act plus £26 |
Exceeding £312 but not exceeding £448 | £78 |
Exceeding £448 but not exceeding £500 | £52, or such sum as will increase the amount per annum under section 57 of this Act as affected by section 59 of this Act to £526, whichever is the greater |
Exceeding £500........................................... | £52 |
“(2.) Where a pension is, at the date of commencement of this sub-section, payable to a widow under section fifty-seven of this Act (not being a pension for which contributions were made to a State Fund as defined by section sixty an of this Act), or such a pension becomes payable after that date to a widow, the annual rate of that pension on and after the date of commencement of this sub-section, or on and after the date from which the pension becomes payable, as the case requires, is the amount per annum that would be applicable under section fifty-seven of this Act as affected by the last preceding section plus the appropriate amount per annum specified in the second column of the following table:—
First Column. | Second Column. |
Amount per annum under section 57 of this Act as affected by section 59 of this Act. | Additional amount per annum. |
Not exceeding £78....................................... | £26 |
Exceeding £78 but not exceeding £156 | One-sixth of the amount per annum under section 57 of this Act as affected by section 59 of this Act plus £13 |
Exceeding £156 but not exceeding £224 | £39 |
Exceeding £224 but not exceeding £250 | £26, or such sum as will increase the amount per annum under section 57 of this Act as affected by section 59 of this Act to £263, whichever is the greater |
Exceeding £250........................................... | £26”. |