INCOME TAX ASSESSMENT REGULATIONS 1997

SCHEDULE 1AA  

Note: See subregulation 293-115.20(2) .


WORKING OUT DEFINED BENEFIT CONTRIBUTIONS

PART 3 - VALUATION PARAMETERS  

17   Pensions  

17(1)  
If the benefit is a single life pension, the pension is to be valued using the assumptions set out in this Part.

17(2)  
If the benefit is a reversionary pension, the value of the pension is to be taken as the value of the pension assuming it is a single life pension, increased by 10%.




This information is provided by CCH Australia Limited Link opens in new window. View the disclaimer and notice of copyright.