Commonwealth Numbered Acts

SUPERANNUATION ACT 1976 No. 31, 1976 - SECT 56

56. (1) Where-

   (a)  a person is entitled to standard age retirement pension by virtue of
        sub-section 55 (1); and

   (b)  his period of contributory service is not less than 30 years, then,
        subject to sub-section (2) of this section, the annual rate of that
        pension is 50 per centum of his final annual rate of salary.

(2) Where-

   (a)  a person is entitled to standard age retirement pension by virtue of
        sub-section 55 (1); and

   (b)  his period of contributory service before attaining the age of 65
        years is not less than 31 years, the annual rate of that pension is
        such percentage of his final annual rate of salary as, having regard
        to the number of complete years included in that
        period of contributory service, is applicable in accordance with Table
        1 in Schedule 1.

(3) Where-

   (a)  a person is entitled to a standard age retirement pension by virtue of
        sub-section 55 (1); and

   (b)  his period of contributory service is less than 30 years, the annual
        rate of that pension is such percentage of his final annual rate of
        salary as, having regard to the number of complete years included in
        that period of contributory service, is applicable in accordance with
        Table 2 in Schedule 1.

(4) Where a person is entitled to standard age retirement pension by virtue of
sub-section 55 (2), the annual rate of that pension is such percentage of his
final annual rate of salary as, having regard to his age on his last day
of service and to the number of completed years included in his period of
contributory service, is applicable in accordance with Schedule 2.