10PCommencement of contributions

#### 10P Commencement of contributions 10P Commencement of contributions > > (1) A person who becomes a contributor on or after 13 January 1977 shall commence to contribute to the Fund as on and from the person’s entry payment day. > > > (2) The contributions of an employee referred to in subsection (1) shall be made in accordance with this Act by reference to the rate of salary actually being paid to the employee on the employee’s entry review day. > > > (2A) On an employee’s entry review day, if the number of units of pension that, pursuant to section 12 (1), is appropriate for the salary actually being paid to the employee is in excess of the number for which the annual cost to the contributor is equal to an amount representing 6 per cent of the annual salary of the employee at the rate actually being paid, the excess units of pension are optional units of pension. > > > (3) An employee may, within 2 months after the employee’s entry review day, elect to abandon any 1 or more of the optional units of pension in respect of which, but for the election, the employee would be required by this section to commence contributing to the Fund. > > > (4) Subsection (1) does not apply to an employee referred to in section 10O (2). > > **s 10P:** Ins 1976 No 101, Sch 3 (3). Am 1985 No 46, Sch 4 (2).