Bill
Public Sector Superannuation Salary Legislation Amendment Bill 2022
passed, as at 2022-08-09. Finance portfolio.
- Sponsor
- Not recorded
- Portfolio
- Finance
Recorded stages
- introduced — 2022-08-03
- second reading — 2022-08-03
- second reading — 2022-08-03
- second reading — 2022-08-03
- third reading — 2022-08-03
- introduced — 2022-08-04
- second reading — 2022-08-04
- second reading — 2022-08-04
- second reading — 2022-08-04
- third reading — 2022-08-04
- passed — 2022-08-04
- royal assent — 2022-08-09
Divisions
- Business - Consideration of Legislation - Public Sector Superannuation Salary Legislation Amendment Bill 2022 — 2022-08-03, Senate: affirmative, ayes 45, noes 12
- The majority voted in favour of a [motion](https://www.openaustralia.org.au/senate/?id=2022-08-03.19.1) to read the [bill](https://www.aph.gov.au/Parliamentary_Business/Bills_Legislation/Bills_Search_Results/Result?bId=s1343) for a [second time](https://peo.gov.au/understand-our-parliament/how-parliament-works/bills-and-laws/making-a-law-in-the-australian-parliament/). In other words, they voted to agree with the bill's main idea, which means they can now discuss it in more detail. ### What is the bill's main idea? In her second reading speech, ACT Senator [Katy Gallagher](https://theyvoteforyou.org.au/people/senate/act/katy_gallagher) (Labor) [explained that](https://www.openaustralia.org.au/senate/?id=2022-08-03.19.1) the bill: > *repeals paragraph 5(e) of the Superannuation (Salary) Regulations with effect from 1 July 1986 and provides that the effect of the repeal does not apply to individuals where limited circumstances are satisfied.* > > *The changes in the bill are only relevant to current and former Commonwealth public sector civilian employees.* > > *The default superannuation salary of a member of the Commonwealth Superannuation Scheme established under the Superannuation Act 1976 includes the value of any allowance that, under the regulations, is to be treated as salary under the act.* > > *Prior to 1 March 2022 paragraph 5(e) of the regulations provided that the rent-free use of housing made available to a person by reason that they held a particular office or performed particular duties or work was an allowance that was to be treated as salary for the purpose of the act.* > > *The value of rent-free housing as per paragraph 5(e) of the regulations flowed through to the default superannuation salary of members of the Public Sector Superannuation Scheme, and members of the Public Sector Superannuation Accumulation Plan and certain members of non-Commonwealth choice funds.* > > *At the time the regulations were made in 1978, an employee's assessable incom — 2022-08-03, Senate: affirmative, ayes 40, noes 12
- The majority voted in favour of a [motion](https://www.aph.gov.au/Parliamentary_Business/Hansard/Hansard_Display?bid=chamber/hansardr/25975/&sid=0000) to read the bill for a [second time](https://peo.gov.au/understand-our-parliament/how-parliament-works/bills-and-laws/making-a-law-in-the-australian-parliament/). In other words, they voted to agree with the bill's main idea, which means they can now discuss it in more detail. ### What is the bill's main idea? In his second reading speech, Whitlam MP [Stephen Jones](https://theyvoteforyou.org.au/people/representatives/whitlam/stephen_jones) (Labor) [explained that](https://www.aph.gov.au/Parliamentary_Business/Hansard/Hansard_Display?bid=chamber/hansardr/25975/&sid=0000) the bill: > *repeals paragraph 5(e) of the Superannuation (Salary) Regulations with effect from 1 July 1986 and provides that the effect of the repeal does not apply to individuals where limited circumstances are satisfied.* > > *The changes in the bill are only relevant to current and former Commonwealth public sector civilian employees.* > > *The default superannuation salary of a member of the Commonwealth Superannuation Scheme established under the Superannuation Act 1976 includes the value of any allowance that, under the regulations, is to be treated as salary under the act.* > > *Prior to 1 March 2022 paragraph 5(e) of the regulations provided that the rent-free use of housing made available to a person by reason that they held a particular office or performed particular duties or work was an allowance that was to be treated as salary for the purpose of the act.* > > *The value of rent-free housing as per paragraph 5(e) of the regulations flowed through to the default superannuation salary of members of the Public Sector Superannuation Scheme, and members of the Public Sector Superannuation Accumulation Plan and certain members of non-Commonwealth choice funds.* > > *At the time the regulations were made in 1978, an employee's assessable income — 2022-08-04, House of Representatives: affirmative, ayes 117, noes 5
Plain-language summary
No machine-written summary in this export.
Sources
em
billhome
frl act