South Australian Consolidated Acts South Australian Consolidated Acts (1) In this Act,
unless the contrary intention appears—
"actuary" means a fellow or accredited member of the Institute of Actuaries of
Australia;
"Board" means the South Australian Superannuation Board continued in existence
by the Superannuation Act 1988 ;
"co-contribution" means a payment made in respect of a person by the
Commissioner of Taxation pursuant to the requirements of the Superannuation
(Government Co-contribution for Low Income Earners) Act 2003 of the
Commonwealth;
"co-contribution account" means an account established and maintained by the
Board as a co-contribution account in accordance with the requirements of this
Act;
"Commonwealth Act" means the Superannuation Guarantee (Administration)
Act 1992 of the Commonwealth;
"contribution account" means—
(a) in
relation to a member—the contribution account maintained by the Board
under section 12 in the name of the member;
(b) in
relation to a spouse member—the contribution account (if any) maintained
by the Board in the name of the spouse member;
"employer contribution percentage"—see section 5;
"employing authority" in relation to a member means—
(a) the
chief executive to whom the member is answerable on matters relating to his or
her employment; or
(b) if
there is no chief executive—the authority, body or person to whom the
member is answerable;
"employment to which this Act applies" or
"employment"—see subsection (3);
"Fund" means the Southern State Superannuation Fund continued in existence by
this Act;
"invalidity" means physical or mental incapacity to carry out the duties of
employment;
"member" means a person who is a member of the scheme under section 19
(but a reference in this Act or the regulations to a member does not include a
reference to a spouse member);
"monetary salary" means salary of a kind other than non-monetary salary;
"non-monetary salary", in relation to a member, means remuneration in any form
resulting from the sacrifice by the member of part of his or her salary;
"participating employer"—see section 6;
"police cadet" means a person appointed under the Police Act 1998 to be
a police cadet;
"police member" means a police officer who is a police member of the
Triple S scheme pursuant to regulations made under section 19(3)(b);
"Police Superannuation Scheme" means the scheme of superannuation established
by the Police Superannuation Act 1990 ;
"putative spouse"—see section 7;
"repealed Act" means the Southern State Superannuation Act 1994 ;
"rollover account" means an account established and maintained by the Board as
a rollover account in accordance with the requirements of this Act;
"salary" in relation to a member includes all forms of remuneration (including
non-monetary salary) received by the member other than—
(a)
remuneration related to overtime (other than remuneration related to overtime
that is paid by way of an annual allowance); or
(b) an
amount paid in lieu of recreation leave, long service leave or any other kind
of leave; or
(c) an
amount paid to the member as a consequence of the termination of the member's
employment;
Note—
See subsection (2).
"Southern State Superannuation Scheme" or "scheme" means the scheme of
superannuation continued in existence by this Act;
"special deposit account" means a special deposit account established under
section 8 of the Public Finance and Audit Act 1987 ;
"spouse" includes a putative spouse;
"spouse account" means—
(a) a
contribution account; or
(b) a
rollover account; or
(c) a
co-contribution account,
established and maintained by the Board for the benefit of a spouse member in
accordance with the requirements of this Act;
"spouse member" means a person who is a spouse member of the Triple S
scheme pursuant to regulations made under section 19(3)(c);
"State Scheme" means the scheme of superannuation established by the
Superannuation Act 1988 ;
"Superannuation Funds Management Corporation of South
Australia" or " Corporation" means the Superannuation Funds Management
Corporation of South Australia continued in existence by the
Superannuation Funds Management Corporation of South Australia Act 1995
;
"Triple S scheme" means the Southern State Superannuation Scheme continued in
existence by this Act.
(2) For the purposes
of determining the amount of salary received by a member who is in receipt of
non-monetary salary, the value of the non-monetary salary will be taken to be
the amount of salary sacrificed by the member in order to receive the
non-monetary salary.
(3) This Act applies
to employment by or on behalf of—
(a) the
Crown, or an instrumentality or agency of the Crown; or
(b) an
employer who has entered into an arrangement with the Board under
section 6,
and a reference in this Act to "employment", in relation to a member, is a
reference to employment of the member in employment to which this Act applies.