NSWIn ForceAct
State Public Service Superannuation Act 1985
10Adjustment of accounts and reserves for interest etc
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10 Adjustment of accounts and reserves for interest etc
10 Adjustment of accounts and reserves for interest etc
(1) The Board shall, from time to time, adjust each of the accounts and reserves established under this Part at a rate fixed by the Board, having regard to the income of the Fund and such other matters as the Board considers relevant.
(2) The Board may, for the purpose of adjusting a contributor’s account before paying out the balance at credit in the account, fix a rate for that purpose only.
s 10: Am 1985 No 154, Sch 1 (4). Subst 1987 No 219, Sch 1 (7).