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State Authorities Superannuation (Closed Local Government Schemes Transfer) (Savings and Transitional) Regulation 1990
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Turn the raw legal text into a practical explanation grounded in State Authorities Superannuation (Closed Local Government Schemes Transfer) (Savings and Transitional) Regulation 1990.
26 Early retirement age—female contributors and Sydney County Council employees
(1) For the purposes of the definition of early retirement age in section 3 (1) of the current Act, the prescribed early retirement age is 55 years:
(a) in relation to a female transferred contributor who, immediately before the transfer day, was a contributor to the Benefits Fund, and
(b) in relation to a transferred contributor who, immediately before the transfer day, was an employee of the Sydney County Council.
(2) Subclause (1) does not have effect in relation to a male transferred contributor referred to in paragraph (b) of that subclause unless the contributor has, at the contributor’s exit date, completed 20 years or more service with the Sydney County Council (as advised by the Council) in terms of the industrial award that was applicable to the contributor immediately before the transfer day.
(3) This clause has effect despite clause 4 of the State Authorities Superannuation Regulation 1988 (early retirement age).