Section 99 - Military Superannuation and Benefits Trust Deed - Annual rate of associate pension

99 Annual rate of associate pension

For rule 95, the annual rate of associate pension payable to a non‑member spouse is calculated as follows:

Step 1	Identify the transfer amount in relation to the non‑member spouse.
Step 2	Identify a pension factor, nominated by an actuary for this rule, based on the non‑member spouse’s age and gender.Note 1: Schedule 4 to the Family Law (Superannuation) Regulations 2001 sets out general pension factors based on age and gender, but those factors are not specific to benefits payable under the Act.Note 2: The associate pension does not include a reversionary component and therefore ceases on the death of the non‑member spouse.
Step 3	Divide the transfer amount by the pension factor.

Step 1

Identify the transfer amount in relation to the non‑member spouse.

Step 2

Identify a pension factor, nominated by an actuary for this rule, based on the non‑member spouse’s age and gender.Note 1: Schedule 4 to the Family Law (Superannuation) Regulations 2001 sets out general pension factors based on age and gender, but those factors are not specific to benefits payable under the Act.Note 2: The associate pension does not include a reversionary component and therefore ceases on the death of the non‑member spouse.

Step 3

Divide the transfer amount by the pension factor.

The result is the annual rate of the associate pension.

99Annual rate of associate pension

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99 Annual rate of associate pension