3.4.7 PBS - Qualification & Payability

Introduction

This section explains the qualification and payability provisions for the PBS.

Example: Bonus periods are measured in days. The examples in this section use weeks however, to simplify the illustration of various calculations.

Act reference: SSAct Part 2.2A Pension bonus

Policy reference: SS Guide 1.2.3.70 Pension Bonus Scheme (PBS) & Pension Bonus Bereavement Payment (PBBP) - Description

In this section

This section contains the following topics:
Last reviewed: 1 July 2016