(1) A Division 2
Employer is to contribute to the Fund for a Gold State Super
Member —
(a) if
the Member works for the Employer — for each contribution period
during the Member’s contributory membership period; or
(b) if
the Member is seconded to the Employer from another Employer — for
each contribution period during the secondment; or
(c) if
the Member is seconded from the Employer to a person who is not an
Employer — for each contribution period during the secondment.
(2) A Division 1
Employer is to contribute to the Fund for a Gold State Super Member who works
for the Employer and is seconded to a person who is not an Employer, for each
contribution period during the secondment.
(3) The amount of each
contribution under this regulation is equal to E in the formula —
where —
T is 2.4 or such other rate as is determined by
the Treasurer with the advice of an actuary; and
M is the Member’s member contribution rate;
and
R is the Member’s superannuation salary in
respect of the contribution period.
(4) A determination
under subregulation (3) of a different rate for T —
(a) is
to be given to the Board; and
(b) may
specify different rates for different Employers.