Parliamentary Contributory Superannuation Regulation 2024
23Effect of benefit reductions on pensions and other benefits—the Act, ss 29E and 33
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23 Effect of benefit reductions on pensions and other benefits—the Act, ss 29E and 33
23 Effect of benefit reductions on pensions and other benefits—the Act, ss 29E and 33
(1) For the Act, section 29E(k)—
(a) the trustees may commute part of a pension payable to a member spouse for the purposes of paying a family law superannuation entitlement to, or in relation to, a non-member spouse, and
(b) the amount of the commuted pension is reduced in accordance with section 22.
(2) For the Act, sections 29E(j) and 33, if a benefit is payable under the Act to a person on the death of a member spouse whose benefit has been, or is to be, reduced because of a family law superannuation payment, the benefit payable to the person is determined according to the reduced benefit.