TT-Line Arrangements Act 1993
25Superannuation
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25 Superannuation
[Section 25 Substituted by No. 40 of 1996, s. 3 and Sched. 1 ]
(1) The Minister administering the Retirement Benefits Act 1993 and the Company are to agree that superannuation for employees covered by the Retirement Benefits Act 1993 is to be provided by way of –
(a) payments to the Public Account in accordance with section 25A ; or
(b) appropriate superannuation provisions being maintained by the Company, having regard to any recommendation or advice of the Actuary.
(2) The Minister administering the Retirement Benefits Act 1993 and the Company are to reach an agreement before 1 January 1997 or any other date approved by that Minister.
(3) [Section 25 Subsection (3) inserted by No. 54 of 2016, s. 121, Applied:31 Mar 2017] An agreement under this section is to be taken to apply in relation to employees within the meaning of the Public Sector Superannuation Reform Act 2016 .