COMMONWEALTH OF AUSTRALIA

 SUPERANNUATION ACT 1990

 DETERMINATION

I, MICHAEL JOHN SIMPSON, Manager, Employer Relations and Member Accounts, Commonwealth Superannuation Administration, Position No. 44, and Delegate of the PSS Board, pursuant to rules 5.6.5 and 5.7.7 of the Rules, DETERMINE as follows:

Citation

1.     This determination may be cited as the "PSS (Maximum Benefits) Determination No. 9".

Commencement

2.     This determination shall take effect from and including 1 July 2004.     

Purpose

3.     The purpose of this determination is to amend the maximum benefit levels that apply to ordinary scheme members and scheme members employed by the Australian Federal Police.

Principal Determination

4.     In this determination, "the Principal Determination" means the PSS (Maximum Benefits) Determination No. 1, as amended.

Interpretation

5.(1) In this determination:

 “Act” means the Superannuation Act 1990; and

“Rules” means the Rules for the Administration of the Superannuation Scheme established by deed under section 4 of the Act, as amended from time to time.

(2) Words and expressions defined in the Act and the Rules have the same meaning in this determination.

Amendments to the Principal Determination

[Amendment of dollar amounts for the purposes of the Table entitled "Table - Maximum Benefits" in Rule 5.6.1]

6.     Schedule 1 to the Principal Determination is amended by replacing the dollar amounts set out therein with the dollar amounts set out in the Table in Schedule 1 to this determination. 

 [PSS (Maximum Benefits) Determination No. 9 (continued)]

[Amendment of dollar amounts for the purposes of the Table entitled "Table - AFP Preliminary Maximum Benefits - Lump Sums" in Rule 5.7.1]

7.     Schedule 2 to the Principal Determination is amended by replacing the dollar amounts set out therein with the dollar amounts set out in the Table in Schedule 2 to this determination. 

[Amendment of dollar amounts for the purposes of the Table entitled "Table - AFP Preliminary Maximum Benefits - Pensions" in Rule 5.7.2]

8.     Schedule 3 to the Principal Determination is amended by replacing the dollar amounts set out therein with the dollar amounts set out in the Table in Schedule 3 to this determination. 

M. Simpson

…………………………………………………..

M.J. Simpson

Manager

Employer Relations and Member Accounts

Commonwealth Superannuation Administration

and Delegate of the PSS Board

Dated this                twenty - fifth day of              June 2004  

 SCHEDULE 1

REPLACEMENT DOLLAR AMOUNTS FOR THE PURPOSES

OF THE TABLE IN PSS RULE 5.6.1

EFFECTIVE FROM 1 JULY 2004

SCHEDULE 2

REPLACEMENT DOLLAR AMOUNTS FOR THE PURPOSES

OF THE TABLE IN PSS RULE 5.7.1

EFFECTIVE FROM 1 JULY 2004

SCHEDULE 3

REPLACEMENT DOLLAR AMOUNTS FOR THE PURPOSES

OF THE TABLE IN PSS RULE 5.7.2

EFFECTIVE FROM 1 JULY 2004