(1) On the commencement day, the assets and liabilities of the State Superannuation Fund are by virtue of this section transferred to the Scheme and form part of the Scheme.
(2) On and after the commencement day—
(a) the contributions of employing authorities and the payments and repayments by employing authorities and any other money received or recovered by the Board under the State Superannuation Act 1988 are to be paid into the Scheme;
(b) the contributions of employees and the payments and repayments by employers and any other money received or recovered by the Board under the State Employees Retirement Benefits Act 1979 are to be paid into the Scheme;
'
(c) the contributions of members and the payments and repayments by a transport authority and any other money received or recovered by the Board under the Transport Superannuation Act 1988 are to be paid into the Scheme;
(d) the benefits provided for in the State Superannuation Act 1988 and all the costs of administering that Act are to be paid out of the Scheme;
(e) the benefits provided for in the State Employees Retirement Benefits Act 1979 and all the costs of administering that Act are to be paid out of the Scheme;
(f) the benefits provided for in the Transport Superannuation Act 1988 and all the costs of administering that Act are to be paid out of the Scheme.
(3) The transfer effected by this section does not affect the benefits and entitlements conferred or the duties and obligations imposed under the State Superannuation Act 1988 , the State Employees Retirement Benefits Act 1979 or the Transport Superannuation Act 1988 .
S. 22DC inserted by No. 94/2005 s. 20.