3.4.7 PBS - qualification & payability


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 Pension bonus scheme (PBS) & pension bonus bereavement payment (PBBP) - description

In this section

This section contains the following topics:
Last reviewed: 21 September 2020