12AReduction of reversionary pensions

12A Reduction of reversionary pensions

12A Reduction of reversionary pensions

(1) If part of a pension is commuted under section 12, any subsequent reversionary pension payable from time to time under this Act is to be reduced.

(2) The amount of the reduced reversionary pension is to be calculated in accordance with the regulations.

(3) In this section:

reversionary pension means a pension paid under this Act to a person as a result of a pension being previously paid to another person under this Act (for example, a pension paid to a surviving spouse of a retired judge).

s 12A: Ins 1998 No 42, Sch 1 [3]. Am 2005 No 31, Sch 5 [21].