24Supplementary payments to employees to whom Part 5 applies

24 Supplementary payments to employees to whom Part 5 applies

24 Supplementary payments to employees to whom Part 5 applies

(1) If the Board is satisfied that an employee to whom this Part applies is entitled to a benefit payable under a relevant award or agreement, the Board must pay to the employee the lesser of:

(a) the amount prescribed by the award or agreement, and

(b) the amount of the supplementary benefit.

(2) The Board must also pay the amount of the supplementary benefit to an employee to whom this Part applies if the employee, having reached 55 but not having reached 58 years of age, has retired from the service of the Sydney County Council before 2 January 1991, or from the service of Sydney Electricity on or after that date, and the Board is satisfied that the employee:

(a) was employed by the Sydney County Council on 31 March 1977 and continued until retirement to be employed by that Council and, where appropriate, by Sydney Electricity, and

(b) was continuously a contributor to the Benefits Fund from and including 31 March 1977 to the transfer day, and

(c) was continuously a contributor to the SAS Fund from and including the transfer day to and including the date of retirement.

cl 24: Am 24.5.1991.