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State Employees Retirement Benefits Act 1979
68Early release of benefits
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68 Early release of benefits
(1) The Board may approve the early release of part or all of the vested benefit of a contributor or former contributor in accordance with the specified standards.
(2) The Board must determine—
(a) the amount of the vested benefit to be released; and
(b) the method of payment of that amount; and
(c) the reduction to be made to the vested benefit—
in accordance with the specified standards.
S. 68A inserted by No. 9400 s. 16.