Tasmanian Consolidated Regulations

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PUBLIC SECTOR SUPERANNUATION REFORM REGULATIONS 2017 - REG 142

Augmentation
(1)  The Commission may, with the approval of the Ambulance Service and having regard to the advice of the Actuary, augment any benefit payable from the TASS Scheme.
(2)  Despite subregulation (1) , the augmentation of a benefit payable under regulation 141(1) may not exceed the amount calculated by the Actuary as the member’s equitable share of the TASS Scheme.
(3)  The Ambulance Service must contribute the additional amount determined by the Commission, having regard to the advice of the Actuary, to be required to provide the augmented benefit.
(4)  If a death benefit becomes payable from the TASS Scheme and the Commission considers that it may be augmented by a tax deduction, the Commission may augment the death benefit by the amount of the expected tax deduction.



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