❓ This WA parliamentary question seeks clarification on changes made to superannuation entitlements for magistrates in 1987-88, specifically regarding the introduction of the Gold State Super scheme and associated contribution options. The Minister's response confirms the changes and provides details.
AnsweredQoN 1269Legislative Council
QuestionView source ↗
MAGISTRATES, SUPERANNUATION ENTITLEMENTS
(1) During 1987-88, were any changes made to the offer of pension or superannuation entitlements to magistrates? (2) What changes were made, to which class of magistrates did the changes apply and upon what conditions did the changes become available? (3) If there is a document explaining those changes, will it be tabled? Hon N.D. GRIFFITHS
(1) During 1987-88, were any changes made to the offer of pension or superannuation entitlements to magistrates? (2) What changes were made, to which class of magistrates did the changes apply and upon what conditions did the changes become available? (3) If there is a document explaining those changes, will it be tabled? Hon N.D. GRIFFITHS
AnswerView source ↗
(1) Yes. (2) The contributory lump sum scheme, which is now called Gold State Super, was introduced in July 1987 following the August 1986 closure of the state pension scheme to new members. In 1987, all stipendiary magistrates who had elected to become members of Gold State Super were given the option of paying up to double the standard rate of contributions between the age of 45 and 55, and, in return, accruing up to double the standard amount of benefit for this period. This option was also made available to all stipendiary magistrates who were appointed after July 1987, and before Gold State Super was closed to new members in December 1995. For those magistrates who became Gold State Super members after attaining the age of 45, this option was made available for 10 years from the date that their membership commenced. (3) Yes. Full details of the option for stipendiary magistrates to elect to contribute to additional benefits is contained in part 6 of schedule 2 of the State Superannuation Regulations 2001. [See paper No 1362.]
(2) What changes were made, to which class of magistrates did the changes apply and upon what conditions did the changes become available? (3) If there is a document explaining those changes, will it be tabled? Hon N.D. GRIFFITHS replied: (1) Yes. (2) The contributory lump sum scheme, which is now called Gold State Super, was introduced in July 1987 following the August 1986 closure of the state pension scheme to new members. In 1987, all stipendiary magistrates who had elected to become members of Gold State Super were given the option of paying up to double the standard rate of contributions between the age of 45 and 55, and, in return, accruing up to double the standard amount of benefit for this period. This option was also made available to all stipendiary magistrates who were appointed after July 1987, and before Gold State Super was closed to new members in December 1995. For those magistrates who became Gold State Super members after attaining the age of 45, this option was made available for 10 years from the date that their membership commenced. (3) Yes. Full details of the option for stipendiary magistrates to elect to contribute to additional benefits is contained in part 6 of schedule 2 of the State Superannuation Regulations 2001. [See paper No 1362.]
(3) If there is a document explaining those changes, will it be tabled? Hon N.D. GRIFFITHS replied: (1) Yes. (2) The contributory lump sum scheme, which is now called Gold State Super, was introduced in July 1987 following the August 1986 closure of the state pension scheme to new members. In 1987, all stipendiary magistrates who had elected to become members of Gold State Super were given the option of paying up to double the standard rate of contributions between the age of 45 and 55, and, in return, accruing up to double the standard amount of benefit for this period. This option was also made available to all stipendiary magistrates who were appointed after July 1987, and before Gold State Super was closed to new members in December 1995. For those magistrates who became Gold State Super members after attaining the age of 45, this option was made available for 10 years from the date that their membership commenced. (3) Yes. Full details of the option for stipendiary magistrates to elect to contribute to additional benefits is contained in part 6 of schedule 2 of the State Superannuation Regulations 2001. [See paper No 1362.]
Hon N.D. GRIFFITHS replied: (1) Yes. (2) The contributory lump sum scheme, which is now called Gold State Super, was introduced in July 1987 following the August 1986 closure of the state pension scheme to new members. In 1987, all stipendiary magistrates who had elected to become members of Gold State Super were given the option of paying up to double the standard rate of contributions between the age of 45 and 55, and, in return, accruing up to double the standard amount of benefit for this period. This option was also made available to all stipendiary magistrates who were appointed after July 1987, and before Gold State Super was closed to new members in December 1995. For those magistrates who became Gold State Super members after attaining the age of 45, this option was made available for 10 years from the date that their membership commenced. (3) Yes. Full details of the option for stipendiary magistrates to elect to contribute to additional benefits is contained in part 6 of schedule 2 of the State Superannuation Regulations 2001. [See paper No 1362.]
(1) Yes. (2) The contributory lump sum scheme, which is now called Gold State Super, was introduced in July 1987 following the August 1986 closure of the state pension scheme to new members. In 1987, all stipendiary magistrates who had elected to become members of Gold State Super were given the option of paying up to double the standard rate of contributions between the age of 45 and 55, and, in return, accruing up to double the standard amount of benefit for this period. This option was also made available to all stipendiary magistrates who were appointed after July 1987, and before Gold State Super was closed to new members in December 1995. For those magistrates who became Gold State Super members after attaining the age of 45, this option was made available for 10 years from the date that their membership commenced. (3) Yes. Full details of the option for stipendiary magistrates to elect to contribute to additional benefits is contained in part 6 of schedule 2 of the State Superannuation Regulations 2001. [See paper No 1362.]
(2) The contributory lump sum scheme, which is now called Gold State Super, was introduced in July 1987 following the August 1986 closure of the state pension scheme to new members. In 1987, all stipendiary magistrates who had elected to become members of Gold State Super were given the option of paying up to double the standard rate of contributions between the age of 45 and 55, and, in return, accruing up to double the standard amount of benefit for this period. This option was also made available to all stipendiary magistrates who were appointed after July 1987, and before Gold State Super was closed to new members in December 1995. For those magistrates who became Gold State Super members after attaining the age of 45, this option was made available for 10 years from the date that their membership commenced. (3) Yes. Full details of the option for stipendiary magistrates to elect to contribute to additional benefits is contained in part 6 of schedule 2 of the State Superannuation Regulations 2001. [See paper No 1362.]
(3) Yes. Full details of the option for stipendiary magistrates to elect to contribute to additional benefits is contained in part 6 of schedule 2 of the State Superannuation Regulations 2001. [See paper No 1362.]
[See paper No 1362.]
(2) What changes were made, to which class of magistrates did the changes apply and upon what conditions did the changes become available? (3) If there is a document explaining those changes, will it be tabled? Hon N.D. GRIFFITHS replied: (1) Yes. (2) The contributory lump sum scheme, which is now called Gold State Super, was introduced in July 1987 following the August 1986 closure of the state pension scheme to new members. In 1987, all stipendiary magistrates who had elected to become members of Gold State Super were given the option of paying up to double the standard rate of contributions between the age of 45 and 55, and, in return, accruing up to double the standard amount of benefit for this period. This option was also made available to all stipendiary magistrates who were appointed after July 1987, and before Gold State Super was closed to new members in December 1995. For those magistrates who became Gold State Super members after attaining the age of 45, this option was made available for 10 years from the date that their membership commenced. (3) Yes. Full details of the option for stipendiary magistrates to elect to contribute to additional benefits is contained in part 6 of schedule 2 of the State Superannuation Regulations 2001. [See paper No 1362.]
(3) If there is a document explaining those changes, will it be tabled? Hon N.D. GRIFFITHS replied: (1) Yes. (2) The contributory lump sum scheme, which is now called Gold State Super, was introduced in July 1987 following the August 1986 closure of the state pension scheme to new members. In 1987, all stipendiary magistrates who had elected to become members of Gold State Super were given the option of paying up to double the standard rate of contributions between the age of 45 and 55, and, in return, accruing up to double the standard amount of benefit for this period. This option was also made available to all stipendiary magistrates who were appointed after July 1987, and before Gold State Super was closed to new members in December 1995. For those magistrates who became Gold State Super members after attaining the age of 45, this option was made available for 10 years from the date that their membership commenced. (3) Yes. Full details of the option for stipendiary magistrates to elect to contribute to additional benefits is contained in part 6 of schedule 2 of the State Superannuation Regulations 2001. [See paper No 1362.]
Hon N.D. GRIFFITHS replied: (1) Yes. (2) The contributory lump sum scheme, which is now called Gold State Super, was introduced in July 1987 following the August 1986 closure of the state pension scheme to new members. In 1987, all stipendiary magistrates who had elected to become members of Gold State Super were given the option of paying up to double the standard rate of contributions between the age of 45 and 55, and, in return, accruing up to double the standard amount of benefit for this period. This option was also made available to all stipendiary magistrates who were appointed after July 1987, and before Gold State Super was closed to new members in December 1995. For those magistrates who became Gold State Super members after attaining the age of 45, this option was made available for 10 years from the date that their membership commenced. (3) Yes. Full details of the option for stipendiary magistrates to elect to contribute to additional benefits is contained in part 6 of schedule 2 of the State Superannuation Regulations 2001. [See paper No 1362.]
(1) Yes. (2) The contributory lump sum scheme, which is now called Gold State Super, was introduced in July 1987 following the August 1986 closure of the state pension scheme to new members. In 1987, all stipendiary magistrates who had elected to become members of Gold State Super were given the option of paying up to double the standard rate of contributions between the age of 45 and 55, and, in return, accruing up to double the standard amount of benefit for this period. This option was also made available to all stipendiary magistrates who were appointed after July 1987, and before Gold State Super was closed to new members in December 1995. For those magistrates who became Gold State Super members after attaining the age of 45, this option was made available for 10 years from the date that their membership commenced. (3) Yes. Full details of the option for stipendiary magistrates to elect to contribute to additional benefits is contained in part 6 of schedule 2 of the State Superannuation Regulations 2001. [See paper No 1362.]
(2) The contributory lump sum scheme, which is now called Gold State Super, was introduced in July 1987 following the August 1986 closure of the state pension scheme to new members. In 1987, all stipendiary magistrates who had elected to become members of Gold State Super were given the option of paying up to double the standard rate of contributions between the age of 45 and 55, and, in return, accruing up to double the standard amount of benefit for this period. This option was also made available to all stipendiary magistrates who were appointed after July 1987, and before Gold State Super was closed to new members in December 1995. For those magistrates who became Gold State Super members after attaining the age of 45, this option was made available for 10 years from the date that their membership commenced. (3) Yes. Full details of the option for stipendiary magistrates to elect to contribute to additional benefits is contained in part 6 of schedule 2 of the State Superannuation Regulations 2001. [See paper No 1362.]
(3) Yes. Full details of the option for stipendiary magistrates to elect to contribute to additional benefits is contained in part 6 of schedule 2 of the State Superannuation Regulations 2001. [See paper No 1362.]
[See paper No 1362.]
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