Parliamentary Superannuation Conversion Factors (Surcharge) Determination 2026

Contents

1 Name #

This instrument is the Parliamentary Superannuation Conversion Factors (Surcharge) Determination 2026.

(1)Each provision of this instrument specified in column 1 of the table commences, or is taken to have commenced, in accordance with column 2 of the table. Any other statement in column 2 has effect according to its terms.

Commencement information
Column 1	Column 2	Column 3
Provisions	Commencement	Date/Details
The whole of this instrument	The day after this instrument is registered.

Note: This table relates only to the provisions of this instrument as originally made. It will not be amended to deal with any later amendments of this instrument.

(2)Any information in column 3 of the table is not part of this instrument. Information may be inserted in this column, or information in it may be edited, in any published version of this instrument.

3 Authority #

This instrument is made under subsection 22A(1) of the Parliamentary Contributory Superannuation Act 1948.

4 Schedules #

Each instrument that is specified in a Schedule to this instrument is amended or repealed as set out in the applicable items in the Schedule concerned, and any other item in a Schedule to this instrument has effect according to its terms.

5 Definitions #

In this instrument:

Act means the Parliamentary Contributory Superannuation Act 1948

pension means a retiring allowance payable under the Act

6 Conversion Factors #

For the purposes of section 22A of the Act, the conversion factor for a person is determined under Table 1 based on:

(a)whether the person is male or female;

(b)whether the benefit is a retirement pension or an invalidity pension; and

(c)the age of the person when the pension becomes payable.

age for the purposes of Table 1, is taken to be the person’s age at his or her last birthday before or on the day the pension becomes payable.

Table 1 –Conversion Factors

Factors
Age	RetirementPensionMale Factor	RetirementPensionFemale Factor	InvalidityPensionMale Factor	InvalidityPensionFemale Factor
30	32.3	31.9	31.9	31.2
31	32.1	31.6	31.7	30.9
32	31.9	31.4	31.5	30.7
33	31.7	31.2	31.2	30.4
34	31.4	30.9	31.0	30.2
35	31.2	30.7	30.7	29.9
36	31.0	30.4	30.5	29.6
37	30.7	30.2	30.2	29.3
38	30.5	29.9	30.0	29.0
39	30.2	29.6	29.7	28.7
40	30.0	29.3	29.4	28.4
41	29.7	29.0	29.1	28.1
42	29.4	28.8	28.8	27.8
43	29.1	28.4	28.5	27.5
44	28.8	28.1	28.2	27.1
45	28.5	27.8	27.9	26.8
46	28.2	27.5	27.6	26.4
47	27.9	27.2	27.3	26.1
48	27.6	26.8	26.9	25.7
49	27.3	26.5	26.6	25.3
50	26.9	26.1	26.2	24.9
51	26.6	25.7	25.8	24.5
52	26.2	25.3	25.5	24.1
53	25.9	25.0	25.1	23.7
54	25.5	24.6	24.7	23.3
55	25.1	24.2	24.3	22.8
56	24.7	23.7	24.0	22.4
57	24.3	23.3	23.6	21.9
58	23.9	22.9	23.1	21.5
59	23.5	22.4	22.7	21.0
60	23.1	22.0	22.3	20.5
61	22.6	21.5	21.9	20.1
62	22.2	21.0	21.4	19.6
63	21.7	20.5	21.0	19.1
64	21.2	20.0	20.5	18.5
65	20.8	19.5	20.0	18.0
66	20.3	19.0	19.5	17.5
67	19.8	18.5	19.0	16.9
68	19.2	17.9	18.5	16.4
69	18.7	17.4	18.0	15.8
70	18.2	16.8	17.5	15.3
71	17.6	16.2	17.0	14.7
72	17.1	15.7	16.4	14.1
73	16.5	15.1	15.9	13.5
74	15.9	14.5	15.3	13.0
75	15.3	13.9	14.8	12.4
76	14.7	13.3	14.2	11.8
77	14.1	12.6	13.6	11.2
78	13.5	12.0	13.0	10.6
79	12.9	11.4	12.4	10.0
80	12.3	10.8	11.8	9.5
81	11.6	10.2	11.1	8.9
82	11.0	9.6	10.5	8.3
83	10.3	9.0	9.9	7.8
84	9.7	8.4	9.3	7.3
85	9.1	7.8	8.7	6.8
86	8.4	7.3	8.1	6.3
87	7.8	6.8	7.6	5.9
88	7.2	6.3	7.0	5.4
89	6.6	5.8	6.5	5.1
90	6.1	5.4	6.0	4.7

7 Application of amendments #

Parliamentary Superannuation Age Factors (Surcharge) Determination 2015 (No. 1)#

1 The whole of the instrument

Repeal the instrument.

Sourced from the Federal Register of Legislation at legislation.gov.au, © Commonwealth of Australia, licensed under CC BY 4.0. Compilations may have been reformatted.