Commonwealth Consolidated Acts

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SUPERANNUATION ACT 1976 - SECT 79D

Calculation of benefits after payment of early release lump sums

  (1)   This section applies if:

  (a)   an early release lump sum is paid to or for the benefit of a person; and

  (b)   a benefit to which the person is entitled under this Act becomes payable to the person at a particular time.

  (2)   The amount of the benefit to which the person is entitled to be paid at that time must be reduced to reflect the person's early release deduction amount at that time. However, the method of working out the amount of the reduction is to be determined by CSC.


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