sec.13Minimum benefit payable

sec.13 Minimum benefit payable

This section applies in relation to each of the following persons— a person who ceases to hold the office; a person who dies while holding the office. If an actuary approved by the Minister decides there is an entitlement to a minimum benefit for the person, the minimum benefit must be paid to an approved deposit fund, or a superannuation fund, nominated by or for the person, despite another provision of this Act. In this section— minimum benefit means the amount of payment, pension or preserved benefit entitlement that is necessary to ensure a superannuation guarantee charge is not imposed on the State under the Superannuation Guarantee Charge Act 1992 (Cwlth) . s 13 amd 2004 No. 42 s 33 sch (sec.13-ssec.1) This section applies in relation to each of the following persons— a person who ceases to hold the office; a person who dies while holding the office. (sec.13-ssec.2) If an actuary approved by the Minister decides there is an entitlement to a minimum benefit for the person, the minimum benefit must be paid to an approved deposit fund, or a superannuation fund, nominated by or for the person, despite another provision of this Act. (sec.13-ssec.3) In this section— minimum benefit means the amount of payment, pension or preserved benefit entitlement that is necessary to ensure a superannuation guarantee charge is not imposed on the State under the Superannuation Guarantee Charge Act 1992 (Cwlth) .

• (a) a person who ceases to hold the office;
• (b) a person who dies while holding the office.