8—Amendment of section 13—The Fund
(1)
Section 13—after subsection (3) insert:
(3a) The
Superannuation Funds Management Corporation of South Australia must establish
a distinct part of the Fund under the name PSS 3—Government
Contributions Division .
(2)
Section 13(4)(b)—delete paragraph (b) and substitute:
(b)
periodic contributions to ensure that the entitlements of PSS 1 and
PSS 2 members are fully funded as required; and
(c) any
amount that is received by the Treasurer under this Act on account of money
carried over from another superannuation fund or scheme and to be paid into a
rollover account of a member; and
(d) the
contributions required under section 14C (to be held in the
PSS 3—Government Contributions Division); and
(e) any
amount that is required to be paid to satisfy the payment of an
invalidity/death insurance benefit; and
(f) any
other amount that must be credited to the Fund by the Treasurer under another
provision of this Act.