OCCUPATIONAL SUPERANNUATION STANDARDS REGULATIONS 1987 (REPEALED)

SCHEDULE 2 - CALCULATION OF OLD RBM  

(regulation 4A )

CLAUSE 8  

8   MIXED BENEFITS  
If a defined benefit superannuation fund could have provided a combination of defined benefits and other benefits to a person under the governing rules of the fund, as at:

(a) 25 May 1988; or

(b) the day when the fund was constituted (if the fund was constituted after 25 May 1988 but before 1 July 1990);

the old RBM applicable to a person to whom a benefit is paid, or commences to be paid, by the fund is:

(c) the sum of:

(i) the person ' s maximum fund multiple; and

(ii) the multiple that would be calculated under clause 6 or 7; or

(d) the greater of the numbers calculated under clauses 4 and 5;

whichever is the greater.