A distinction was made between basic ministerial salary and senior ministerial salary .s.22 benefits now ranged from 21 per cent of basic ministerial salary for eight years of service to 50 per cent of basic ministerial salary for 14 or more years of service.s.24 Ministerial retiring allowances now accrued daily.s.7 Parliamentary Retiring Allowances Fund abolished and all assets vested in the CRF. In all other voluntary retirements, the member received only a refund of contributions.Retiring allowances were subject to income taxation.The retiring allowance of a member, who subsequently received a pension or salary after entering state parliament or gaining government employment, was reduced by the amount of remuneration or pension received from that employment.For those who received a refund of contributions and a supplement upon retirement, and then re-entered parliament, prior service counted toward any future benefit as long as the refund was repaid.Those who re-entered parliament after receiving a pension were required to again contribute to the scheme and their retiring allowance was suspended until they again ceased to be a member.Specific provisions in the Act allowed members of the 18Prior to the enactment of this legislation, widows, orphans, and former members in indigent circumstances, had been supplied with ex gratia payments at the discretion of the Commonwealth.The scheme gave 5 per week to the widow of a deceased member who had been in receipt of a retiring allowance.5 per week was allowed to the widow of a member who died in service.A discretionary payment of 5 per week was allowed to a female member s husband, if that husband was totally dependent on her because of mental or physical incapacity .The scheme provided a refund of contributions to the estate of a deceased member who had been in receipt of a pension and was unmarried at the time of death.on 30 June, seven years after the commencement of the Act, an investigation by the Commonwealth Actuary will be held, as to the state and sufficiency of the fund . The changes sought to address the public s perception of generosity . While ANAO did examine retirement travel, the Media reports suggest that a severance payment was proposed to compensate parliamentarians affected by the changes. But you knew that. Chifley felt that the Commonwealth lagged behind other jurisdictions in establishing parliamentary superannuation benefits. Harrison revealed that the average age of entry to Parliament then stood at 45 years, the same age at which benefits could become payable. An investigation will be conducted at not more than seven-yearly intervalsevery person receiving an annual allowance (parliamentary allowance or basic salary) shall contribute to the Fund at the rate of 156 per annumshall be one and one-half times the contributions paid during the last eight years of servicea member who ceases to receive an annual allowance, and has reached 70 years of age, shall be deemed to have retired involuntarily for the purposes of the Acta member who satisfies the Trust that he has retired on account of ill-health is deemed to have retired involuntarilya member who satisfies the Trust that he has retired for the purposes of re-election is deemed to have retired involuntarilyinvoluntary retirement: retiring allowance of 8 per week if i) has served not less than eight years ii) has attained the age of 45 yearsinvoluntary retirement and less than eight years of service: a refund of contributions (without interest paid) and payment of the Commonwealth supplementvoluntary retirement: retiring allowance of 8 per week if i) has served not less than 12 years ii) has attained the age of 45 yearsvoluntary retirement and less than 12 years of service: a refund of contributions (without interest paid on contributions)for any member entitled to a retiring allowance and Reversionary benefit to spouse of member who dies in office or while receiving a retiring allowancei) benefit of 5 per week during widow s lifetime but ceasing on her remarriage or ii) member s contributions plus Commonwealth supplement, less amount of retiring allowance received or accrued by deceased membera reduced benefit, or no benefit, at the discretion of the Trust to a widow more than 10 years younger than the member or who married him within five years of his death or within five years of his entitlement to the retiring allowanceno benefit payable to a widow who married the member after they became entitled to a retiring allowancebenefit of 5 per week to totally dependent widower for a discretionary perioda refund of contributions (without interest) to personal representatives of deceased member who dies without a widow or totally dependent widower, less any benefit already received by the deceased members.21, Government employment or membership of state parliamentFor person entitled to a retiring allowance and subsequently holding such employmentthe retiring allowance payable shall be reduced by the salary or other pension being receivedMembers shall be entitled to a refund of contributions but no other benefit if their place becomes vacant because they become subject to the following Constitutional disabilities:s. 44(i) Is under any acknowledgement of allegiance, obedience, or adherence to a foreign power, or is a subject or a citizen or entitled to the rights or privileges of a subject or citizen of a foreign power: ors.

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