Commonwealth Consolidated Acts Commonwealth Consolidated Acts(a) who becomes, or is about to become, entitled to invalidity benefit by virtue of subsection 66(1); and
(b) whose period of prospective service, at the time of his or her so becoming entitled to invalidity benefit is, or will be, less than 8 years;
may, not later than 3 months after becoming, but not earlier than 3 months before he or she becomes, so entitled, elect, by notice in writing to CSC, that, in lieu of benefit being payable in accordance with section 67, lump sum benefit be paid in accordance with this section.
(2) Where a person makes an election under subsection (1), then, subject to subsection (3), the lump sum benefit to which the person is entitled is an amount equal to whichever is the greater of:
(i) 3 ½ times the amount of the person's accumulated basic contributions; and
(ii) the amount of the person's accumulated supplementary contributions (if any); or
(i) one - half of the amount that is the amount per annum of the person's final annual rate of salary; and
(ii) the amount of the person's accumulated supplementary contributions (if any).
(a) a person makes an election under subsection (1); and
(b) the person's surcharge debt account is in debit when invalidity benefit becomes payable to the person;
the lump sum benefit to which the person is entitled is an amount equal to the difference between:
(c) the amount that would be payable to the person under subsection (2) if this subsection did not apply to the person; and
(d) the person's surcharge deduction amount.
(4) A person who makes an election under section 68 is
not entitled to make an election under subsection (1) of this section.