89AGeneral requirement for CSC

89A General requirement for CSC

(1) Despite any other Rules in this Part, if there is a splitting agreement or splitting order in respect of a member spouse’s superannuation interest, CSC must: (a) if no benefit reduction factors and methodology have been developed and maintained by an actuary to enable a particular superannuation interest to be split—have an actuary develop and maintain benefit reduction factors and methodology for the interest; and (b) reduce the superannuation interest in accordance with the splitting agreement or splitting order using the benefit reduction factors and methodology that has been developed by the actuary. (2) If: (a) an invalidity benefit is split in accordance with a splitting agreement or splitting order; and (b) as a result of a subsequent change in the member spouse’s invalidity classification, the member spouse’s entitlement to invalidity benefits is altered; the altered invalidity benefit must be calculated in accordance with benefit reduction factors and methodology developed and maintained by an actuary for these Rules.