South Australian Current Regulations South Australian Current Regulations13—Salary sacrifice by members of Police Superannuation Scheme
(1) A police officer
who is a contributor to the Police Superannuation Scheme may elect, by notice
in writing to the Board, to become a member of the Triple S scheme
in order to establish an entitlement to the employer component of benefits
under Part 4 by sacrificing part of his or her salary in accordance with an
agreement or arrangement that entitles the person to sacrifice all or part of
his or her salary.
(2) If a person has
elected, or is taken to have elected, to become a member of the Triple S
scheme under this regulation, the employer must, within 7 days after
salary is paid to the member, pay to the Treasurer an amount (or arrange for
the payment within that period to the Treasurer of an amount) equivalent to
the member's non-monetary salary that is allocated for the purposes of the
employer component of benefits under Part 4 in accordance with the agreement
or arrangement.
(3) A person who has
elected, or is taken to have elected, to become a member of the Triple S
scheme under subregulation (1) is entitled to—
(a)
payment, in accordance with Part 4, of the balance of each account maintained
for the person by the Board as required by section 12 of the Act; and
(b)
additional invalidity/death insurance taken out under Part 3 Division 2
Subdivision 2 (if any); and
(c)
subject to regulation 38A, a police disability pension in the
circumstances set out in that regulation,
but is not entitled to make contributions under section 20(1)(a) of the
Act and is not entitled to any other benefits under the Act or these
regulations in his or her capacity as a member under this regulation.