Triple S scheme definition

Triple S scheme means the Southern State Superannuation Scheme established by the Southern State Superannuation Act 2009.
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Examples of Triple S scheme in a sentence

  • The Executive may elect by notice in writing to the Superannuation Board to become a member of the Triple S scheme in accordance with Regulation 12 of the Southern State Superannuation Regulations 2009 and in that event the Executive may nominate an additional employer superannuation contribution to be paid to the Treasurer by way of salary sacrifice.

  • If the Executive is a member of the Triple S scheme the employer superannuation contribution must be calculated in accordance with the explanatory material relating to superannuation appearing in Part B of Schedule 2.

  • Employees of the SA public sector, which includes HPIs (who are not members of any other State Government superannuation scheme), automatically become members of the Triple S scheme.