Homeโ€บActsโ€บParliamentary Superannuation Amendment Act 2011

๐Ÿ“˜ Parliamentary Superannuation Amendment Act 2011

034 of 2011Assented 12 September 2011

This Act amends the Parliamentary Superannuation Act 1970, modifying provisions related to board membership, pension eligibility for spouses, minimum benefits, and removes gender-specific language. It also updates contribution percentages and allows for lump sum conversions of pensions.

Impact

The Act affects current and former members of parliament, their spouses/de facto partners, and the administration of the parliamentary superannuation scheme. Changes impact eligibility for pensions, benefit calculations, and board composition.

Sectors
public_sectorfinance

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