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Superannuation (Family Law—Superannuation Act 1922) Orders 2004
4Annual rate of associate pension for non‑member spouse
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4 Annual rate of associate pension for non‑member spouse
For subsection 93DB(2) of the Act, the annual rate of associate pension payable to a non‑member spouse to whom that subsection relates is calculated as follows:
| Step 1 | Identify the transfer amount in relation to the non‑member spouse.Note: Subsection 93DB(2) of the Act requires the rate of associate pension to be calculated by reference to the transfer amount. |
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| Step 2 | Identify a factor for the non‑member spouse that is equal to the value Py+m specified in clause 3 of Schedule 5 to the FLS Regulations.Note: The associate pension payable to a non‑member spouse does not include a reversionary component. |
| Step 3 | Divide the transfer amount by the factor worked out in step 2.The result is the annual rate of the associate pension. |