Transport Employees Retirement Benefits Act 1967
Schedule 2Table of contributions
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Schedule 2 Table of contributions
Schedule 2 Table of contributions
| Age next birthday | Scale 1 | Scale 2 | | Fortnightly rate of contribution for the first $2,000 of the amount of the lump sum benefit | Fortnightly rate of contribution for each $2,000 of the amount of the lump sum benefit in excess of the first $2,000 | | | $ | $ | | 16 years | 0.25 | 0.20 | | 17 " | 0.26 | 0.21 | | 18 " | 0.27 | 0.22 | | 19 " | 0.28 | 0.23 | | 20 " | 0.29 | 0.24 | | | | | | 21 " | 0.30 | 0.25 | | 22 " | 0.31 | 0.26 | | 23 " | 0.32 | 0.27 | | 24 " | 0.33 | 0.28 | | 25 " | 0.35 | 0.30 | | | | | | 26 " | 0.37 | 0.32 | | 27 " | 0.39 | 0.34 | | 28 " | 0.41 | 0.36 | | 29 " | 0.43 | 0.38 | | 30 " | 0.45 | 0.40 | | | | | | 31 " | 0.47 | 0.42 | | 32 " | 0.49 | 0.44 | | 33 " | 0.52 | 0.47 | | 34 " | 0.55 | 0.50 | | 35 " | 0.58 | 0.53 | | | | | | 36 " | 0.61 | 0.56 | | 37 " | 0.64 | 0.59 | | 38 " | 0.68 | 0.63 | | 39 " | 0.72 | 0.67 | | 40 " | 0.76 | 0.71 | | | | | | 41 years | 0.81 | 0.76 | | 42 " | 0.86 | 0.81 | | 43 " | 0.92 | 0.87 | | 44 " | 0.98 | 0.93 | | 45 " | 1.05 | 1.00 | | | | | | 46 " | 1.13 | 1.08 | | 47 " | 1.22 | 1.17 | | 48 " | 1.32 | 1.27 | | 49 " | 1.43 | 1.38 | | 50 " | 1.56 | 1.51 | | | | | | 51 " | 1.70 | 1.65 | | 52 " | 1.87 | 1.82 | | 53 " | 2.07 | 2.02 | | 54 " | 2.30 | 2.25 | | 55 " | 2.58 | 2.53 | | | | | | 56 " | 2.93 | 2.88 | | 57 " | 3.36 | 3.31 | | 58 " | 3.92 | 3.87 | | 59 " | 4.66 | 4.61 | | 60 " | 741.30÷n | 734.80÷n | | | | | | 61 " | 756.00÷n | 750.80÷n | | 62 " | 770.90÷n | 767.00÷n | | 63 " | 785.60÷n | 783.00÷n | | 64 " | 793.70÷n | 792.40÷n | | 65 " | 800.00÷n | 800.00÷n |
Note—
n denotes the number of complete fortnightly contributions payable before contributions would be due to cease on attainment of age 65 years.