{"id":"F2012L02560","name":"Parliamentary Superannuation (Default Fund) Declaration 2012","slug":"parliamentary-superannuation-default-fund-declaration-2012","collection":"legislative_instrument","jurisdiction":"commonwealth","status":"in_force","isInForce":true,"actNumber":null,"makingDate":null,"administeringDepartment":null,"currentVersion":{"id":126757,"registerId":"commonwealth-F2012L02560-current","compilationNumber":null,"startDate":"2026-04-03","status":"InForce","reasons":null,"registeredAt":null},"sections":[{"sectionNumber":"1","sectionType":"section","heading":"Parliamentary Superannuation (Default Fund) Declaration 2012","content":"![](image.001.png)\n\nParliamentary Superannuation (Default Fund) Declaration 20121\n\nI, Penelope YING YEN WONG, Minister for Finance and Deregulation, make the following Declaration under subsections 17(1) and 17(5) of the Parliamentary Superannuation Act 2004.\n\nDated 14 December 2012\n\nPenelope YING YEN WONG\n\nMinister for Finance and Deregulation\n\n1 Name of Declaration\n\nThis Declaration is the Parliamentary Superannuation (Default Fund) Declaration 2012.\n\n2 Commencement\n\nThis Declaration commences on 1 January 2013.\n\n3 Definition\n\nIn this Declaration:\n\nAct means the Parliamentary Superannuation Act 2004.\n\n4 Revocation\n\nThe Default Fund (Parliamentary Superannuation) Declaration 2004, made under section 17 of the Act on 16 August 2004, is revoked.\n\n5 Default Fund\n\nFor the purposes of the Act, AustralianSuper is declared to be the default fund.\n\n> Note\n\n> Note: 1. All legislative instruments and compilations are registered on the Federal Register of Legislative Instruments kept under the Legislative Instruments Act 2003. See www.frli.gov.au.","sortOrder":0}],"analysis":{"kimi_summary":{"content_quality":"ok","complexity_score":1,"scope_assessment":{"changed":false,"description":"This declaration performs exactly the function intended by the Parliamentary Superannuation Act 2004: designating a default superannuation fund for parliamentary members. It replaces an earlier declaration with an updated fund choice, which is the standard administrative function of this type of instrument."},"complexity_factors":["Only 5 short sections total","Single defined term ('Act')","No cross-references to other legislation beyond the enabling Act","No conditional logic or exceptions","Straightforward declarative language ('is declared to be')","Total length is approximately 150 words"],"plain_english_summary":"This is a short legal instrument that changes where Australian politicians' superannuation (retirement savings) goes by default.\n\n**What it does:**\n- **Sets AustralianSuper as the 'default fund'** for parliamentary superannuation. This means that if a member of parliament doesn't actively choose their own superannuation fund, their retirement contributions automatically go to AustralianSuper.\n- **Replaces the previous arrangement:** It revokes (cancels) the 2004 declaration that had set a different default fund.\n\n**Who it affects:**\n- Members of the Australian Parliament who are covered by the Parliamentary Superannuation Act 2004\n- Specifically affects those who don't make an active choice about which super fund manages their retirement savings\n\n**Why it matters:**\nDefault funds are important because they handle retirement money for people who don't make an active choice. This declaration ensures there's a designated 'fallback' option for politicians' superannuation. The change from the 2004 default fund to AustralianSuper reflects a decision about which fund should manage these retirement savings."},"flash_summary":{"complexity_score":2,"scope_assessment":{"changed":true,"description":"This Declaration replaces the Default Fund (Parliamentary Superannuation) Declaration 2004 (revoked by s4) and names AustralianSuper as the default fund for the purposes of the Parliamentary Superannuation Act 2004 (s5). The scope of the instrument is narrowly changed in that the identity of the statutory default fund is changed; the Declaration does not alter contribution rules or member entitlements itself (s3, s5)."},"complexity_factors":["Very short instrument with five operative provisions (s1–s5).","Relies on cross-reference to the Parliamentary Superannuation Act 2004 for operative meaning (s3, s5).","Imposes an administrative change (revocation of a prior declaration and naming a new default fund) rather than creating new substantive entitlements (s2, s4, s5).","Effect depends on statutory power exercised by the Minister (preamble) and on how the Act uses the term \"default fund,\" requiring consultation of the Act for full effect."],"plain_english_summary":"This Declaration, made by the Minister for Finance and Deregulation, revokes the 2004 default‑fund declaration and names AustralianSuper as the Parliamentary Superannuation Act 2004 “default fund,” effective 1 January 2013. It only changes which entity is treated as the statutory default under the Act; it does not set contribution rates, entitlements, or administrative rules."}},"importantCases":[],"_links":{"self":"/api/acts/parliamentary-superannuation-default-fund-declaration-2012","history":"/api/acts/parliamentary-superannuation-default-fund-declaration-2012/history","analysis":"/api/acts/parliamentary-superannuation-default-fund-declaration-2012/analysis","conflicts":"/api/acts/parliamentary-superannuation-default-fund-declaration-2012/conflicts","importantCases":"/api/acts/parliamentary-superannuation-default-fund-declaration-2012/important-cases","documents":"/api/acts/parliamentary-superannuation-default-fund-declaration-2012/documents"}}