6Notional employer contribution rate: defined benefits

6 Notional employer contribution rate: defined benefits

(1) For the purposes of this regulation:

DF, in relation to a person:

(a) who has not turned 45—is 0.3; or
(b) who has turned 45 but has not turned 65—is the number that is calculated by multiplying 0.00125 by:
(i) in the case of a person whose age, expressed in months, when he or she withdraws from a superannuation scheme is a whole number of months—the number that is equal to 780 less the number of months; or
(ii) in the case of a person whose age, expressed in months, when he or she withdraws from a superannuation scheme exceeds a whole number of months—the number that is equal to 779 less the number of months; or
(c) who has turned 65—is 0; and

FOTE is:

(a) if a benefit accruing in respect of membership after  
30 June 2008 is expressed in the governing rules of a superannuation scheme as a multiple of the annual ordinary time earnings of the person as at the day on which he or she withdraws from the scheme—0.0833; or
(b) if a benefit accruing in respect of membership after 30 June 2008 is expressed in the governing rules of the scheme as a multiple of the average annual ordinary time earnings of the person in the period of 3 years ending on the day on which he or she withdraws from the scheme—0.09; or
(c) if a benefit accruing in respect of membership after  
30 June 2008 is expressed in those governing rules as a multiple of the average annual ordinary time earnings of the person in a particular number of years of membership of the person ending on the day on which he or she withdraws from the scheme:
![](image.002.png)
where:

A is the number of years specified in the governing rules of the scheme ending on the day on which the person withdraws from the scheme.

FSAL is:

(a) if SAL is the annual salary of the person, calculated in accordance with the governing rules of the scheme applicable as at 30 June 1992, as at the day on which he or she withdraws from the scheme—0.0833; or
(b) if SAL is the average annual salary of the person in the period of 3 years ending on the day on which he or she withdraws from the scheme, calculated in accordance with the governing rules of the scheme applicable as at 30 June 1992—0.09; or
(c) if SAL is the average annual salary of the person in a number of years, specified in the governing rules of the scheme, ending on the day on which he or she withdraws from the scheme, calculated in accordance with the governing rules of the scheme applicable as at 30 June 1992:
![](image.003.png)
where:

A is the number of years specified in the governing rules of the scheme ending on the day on which the person withdraws from the scheme.