Western Australian Current Regulations

STATE SUPERANNUATION REGULATIONS 2001 - REG 104

104 .         Earnings to be credited to Member’s account

        (1)         The Board is to credit earnings to each Member’s GESB Super account at a rate equal to the Member’s earning rate on the balance of the account —

            (a)         at least once every year; and

            (b)         when the Member becomes entitled to payment of a benefit.

        (2)         The Board is to decide whether the earning rate is to be applied to daily balances, average balances or on some other basis.

        [Regulation 104 inserted: Gazette 13 Apr 2007 p. 1647.]