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Parliamentary Contributory Superannuation Act 1948
22ADetermination with respect to surcharge deduction amount
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22A Determination with respect to surcharge deduction amount
(1) The Trust must, in accordance with advice received from an actuary, determine in writing the conversion factor that, having regard to:
(a) the age of a member when a benefit under section 18 becomes payable to him or her; and
is applicable for the purpose of working out, in relation to the member, the yearly amount that would have to be paid to discharge a liability equal to the member’s surcharge deduction amount.
(2) A determination under subsection (1) must be published in the Gazette.