TASIn ForceRegulation
Public Sector Superannuation Reform (Parliamentary Superannuation) Regulations 2016
57Payments by Minister into PRB Fund
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### 57 Payments by Minister into PRB Fund
> > (1) The Minister must, in respect of each member to whom this Part applies, pay into the PRB Fund a contribution comprising an amount equal to the member's contributions from time to time multiplied by the factor of 2.5 or such other factor as the Actuary may from time to time determine.
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> > (2) If a member has ceased to pay contributions after attaining the age of 65 years, the amount required to be paid by the Minister in respect of the member's service is to be calculated as if the member had elected to continue to contribute.
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> > (3) Contributions payable by the Minister under this regulation in respect of a member are to cease when the member attains the age of 70 years.
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> > (4) The Minister must pay into the PRB Fund such additional amounts as the Actuary may recommend from time to time, or such other amount as the Minister may from time to time determine, to enable the PRB Fund to meet its liabilities under this Part.
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> > (5) Payments required to be paid into the PRB Fund by the Minister under this regulation must be paid within such period as the Minister and the Commission may agree.