30Compliance with superannuation guarantee legislation

#### 30 Compliance with superannuation guarantee legislation 30 Compliance with superannuation guarantee legislation > > (1) Minimum benefits The trustees must, after obtaining actuarial advice, determine what the minimum **employer-financed benefit** would have to be to ensure that there is no **superannuation guarantee shortfall**. > > > (2) Increase in benefits So much of a pension or lump sum as is employer-financed is, despite any other provision of this or any other Act, not to be less than the minimum benefit determined under subsection (1). The pension or lump sum that would otherwise be payable under this Act is increased to the extent necessary for the purpose of complying with this section. > > > (3) Increase in benefit to be paid from Fund The amount of any increase in benefit is to be debited by the trustees from the Fund. > > > (4) Definition In this section, employer-financed benefit means the sum of so much of a pension or lump sum as is determined by the trustees to be employer-financed under this Act. > > **s 30:** Rep 1991 No 95, Sch 3 (25). Ins 1993 No 111, Sch 7.