South Australian Current Regulations

SOUTHERN STATE SUPERANNUATION REGULATIONS 2009 - REG 17

17—Contributions (section 20 of Act)

        (1)         For the purposes of section 20(1)(a) of the Act, but subject to this regulation, a member may elect to make contributions to the Treasurer as a deduction from salary at a whole number percentage, or at 4.5%, of the combined value of the monetary and non-monetary salary (if any) to which the member is entitled in each period in respect of which salary is paid to the member.

        (2)         A person who is a member of the scheme by virtue only of regulation 9(3), (5), (5a), (5b), (6), (7) or (8) (including any combination of these provisions) is not entitled to make contributions under section 20(1)(a) of the Act.

        (3)         For the purposes of section 20(1)(b) of the Act, the prescribed percentage is 4.5%.

        (4)         A police cadet is not obliged to contribute but may elect to do so.

        (5)         Subject to this regulation, a member who has elected to contribute may subsequently elect to contribute at a different rate or to cease contributing.

        (6)         An election under this regulation must be made to the Board in writing and will operate from a date to be fixed by the Board.

        (7)         If, following a change in a member's salary, it will be difficult for an employer to determine the amount of the member's contribution for the first payment period to which the new contribution applies, the Board may, by notice in writing to the employer, specify a date from which the new contribution amount will apply.

        (8)         A notice under subregulation (7) may be varied or revoked by the Board by subsequent notice served on the employer.

        (9)         If over a particular period a member receives (while remaining in employment) weekly workers compensation payments for total or partial incapacity for work, contributions will be payable as if the weekly payments were salary or a component of salary (as the case requires).

        (10)         Contributions are payable from the member's monetary salary on the days on which monetary salary is paid to the member.

        (11)         A member whose membership of the scheme commences on the commencement of the member's employment will commence making contributions on a date fixed by the Board.