Western Australian Current Regulations

STATE SUPERANNUATION REGULATIONS 2001 - REG 46

46 .         GSS withdrawal benefit, interest on

                Interest accrues on a Gold State Super Member’s GSS withdrawal benefit —

            (a)         at a rate equal to —

                  (i)         if the Member is under 55 years of age, the CPI rate plus 1%; or

                  (ii)         if the Member is 55 years of age or older, the CPI rate plus 2%;

                and

            (b)         from the day on which the Member became entitled to the benefit up to, but not including, the day on which it becomes payable; and

            (c)         in a manner determined by the Board.

        [Regulation 46 amended: Gazette 26 May 2006 p. 1926-7; 13 Apr 2007 p. 1598.]