Government Superannuation Fund Amendment Act 1969 Amendment Act 2010

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Government Superannuation Fund Amendment Act 1969 Amendment Act 2010

Public Act2010 No 28
Date of assent27 May 2010
Commencementsee section 2

The Parliament of New Zealand enacts as follows:

1 Title
  • This Act is the Government Superannuation Fund Amendment Act 1969 Amendment Act 2010.

2 Commencement
  • This Act comes into force on 20 May 2010.

3 New section 3A
  • The following section is inserted after section 3 of the Government Superannuation Fund Amendment Act 1969:

    3A Additional payments for period 1 October 2010 to 27 April 2011
    • (1) Every person entitled to receive any retiring allowance, annual allowance, or annuity described in section 3 is entitled to be paid by the Government Superannuation Fund Authority, from any money paid to the Authority by the Crown for the purpose, an additional amount equal to 2.02% of any amount of the allowance or annuity payable to him or her under the principal Act in respect of the period commencing on 1 October 2010 and ending on the close of 27 April 2011.

      (2) An additional amount payable to a person under subsection (1)—

      • (a) must be paid by the Authority on the date or dates the Authority in its discretion decides; and

      • (b) must be disregarded for the purpose of calculating an annual adjustment under this Act; but

      • (c) must for all other purposes be treated as a payment of the person's retiring allowance, annual allowance, or annuity.


Legislative history

20 May 2010Divided from Taxation (Budget Measures) Bill by committee of the whole House, third reading
27 May 2010Royal assent

This Act is administered by the Treasury.