Commonwealth Numbered Regulations

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DEFENCE FORCE RETIREMENT AND DEATH BENEFITS REGULATIONS 2017 (F2017L01095) - REG 8

Benefits for certain spouses in post-retirement marital or couple relationships--lump sum payment

                   For the purposes of subsection 6BA(3) of the Act, a lump sum payment to which a spouse is entitled under that subsection is worked out in accordance with the formula:

where:

"age factor " means:

                     (a)  if the spouse is a female--the factor specified in the column headed "Spouse pension Single life" that relates to the spouse's age in Table 4B of Part 4 of Schedule 1 to the Family Law (Superannuation) (Methods and Factors for Valuing Particular Superannuation Interests) Approval 2003 ; or

                     (b)  if the spouse is a male--the factor specified in the column headed "Spouse pension Single life" that relates to the spouse's age in Table 4A of Part 4 of Schedule 1 to the Family Law (Superannuation) (Methods and Factors for Valuing Particular Superannuation Interests) Approval 2003 .

"rate of pension " means the rate of pension worked out for the spouse in accordance with subsection 6BA(2) of the Act.


Schedule 1 -- Repeals

   

Defence Force Retirement and Death Benefits (Annual Rates of Pay) Regulations 1979

1  The whole of the Regulations

Repeal the Regulations.

Defence Force Retirement and Death Benefits Regulations 1973

2  The whole of the Regulations

Repeal the Regulations.


 



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