5Notional employer contribution rate: accumulation benefits

5 Notional employer contribution rate: accumulation benefits

If, in relation to a class of employees who are members of a defined benefit superannuation scheme: (a) the minimum requisite benefit in respect of each employee in that class is calculated as an accumulation of employer contributions; and (b) the employer contribution rate used in that calculation is the same for each employee in the class; the notional employer contribution rate in relation to the class is that employer contribution rate.