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LOCAL GOVERNMENT REGULATION 2012 - REG 374
Employer contributions for particular existing employees during transition period
374 Employer contributions for particular existing employees during transition
period
(1) This section applies if, immediately before the commencement, a person
under 75 years was— (a) a permanent employee of the Brisbane City Council;
or
(b) a standard permanent employee of another local government or a local
government entity.
(2) For calculating the amount of the yearly contribution
the person’s employer must make, under section 220 (2) (b) of the Act , for
the person for the transition period— (a) new section 302(1) does not apply;
and
(b) either— (i) if the person is a person mentioned in subsection
(1)(a) who is at least 70 years—the amount is equal to 14% of the person’s
former salary; or
(ii) otherwise—former section 302(1) continues to apply
in relation to the person despite the commencement of the
Local Government Legislation (Superannuation) Amendment Regulation 2024 ,
section 13 .
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