7. In the principal Regulations, after regulation 13E, insert —“Minimum benefits payable in any month |
13F.—(1) This regulation only applies to benefits and additional benefits under regulation 11, 12, 13 or 13A to be paid on or after 20 March 2025 to eligible members.(2) Subject to paragraph (3), if the aggregate of all cash payments to be made to any one member in a particular month, relating to any benefits or additional benefits that the member is entitled to under regulation 11, 12, 13 or 13A by virtue of being any one or more of the following, is less than $10 — the total amount to be so paid is $10 instead:(a) | an employed eligible member; | (b) | a self‑employed eligible member; | (c) | a dual status eligible member; | (d) | an eligible employee; | (e) | an eligible self‑employed person; | (f) | an eligible self‑employed person who also worked as an employee; | (g) | an eligible employee‑platform worker; | (h) | an eligible Group A worker, if the cash payment or payments relate to the applicable year 2029 or later; | (i) | an eligible self‑employed person who (being a Group A worker) also worked as a platform worker, if the cash payment or payments relate to the relevant year 2029 or later; | (j) | an eligible self‑employed person who also worked as an employee and a platform worker; | (k) | an eligible Group A worker, if the cash payment or payments relate to the applicable year 2025, 2026, 2027 or 2028; | (l) | an eligible Group B worker; | (m) | an eligible self‑employed person who —(i) | being a Group A worker, also worked as a platform worker, if the cash payment or payments relate to the relevant year 2025, 2026, 2027 or 2028; or | (ii) | being a Group B worker, also worked as a platform worker. |
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(3) Paragraph (4) applies (instead of paragraph (2)) if all cash payments to be made to any one member in a particular month only relate to any benefits or additional benefits that the member is entitled to under regulation 13A by virtue of being any one or more of the following:(a) | an eligible Group A worker, if the cash payments relate to the applicable year 2025, 2026, 2027 or 2028; | (b) | an eligible Group B worker; | (c) | an eligible self‑employed person who —(i) | being a Group A worker, also worked as a platform worker, if the cash payments relate to the relevant year 2025, 2026, 2027 or 2028; or | (ii) | being a Group B worker, also worked as a platform worker. |
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(4) If the aggregate of all cash payments to be made to any one member in a particular month mentioned in paragraph (3) is less than $5 — the total amount to be so paid is $5 instead. |
(5) If the amount of a relevant contribution to be credited by the Board under regulation 11 in a particular month to any account in the Fund of an employed eligible member is less than $10 — the amount to be so credited is $10 instead. |
(6) If the amount of a relevant contribution to be credited by the Board under regulation 12 in a particular month to any account in the Fund of a self‑employed eligible member is less than $120 — the amount to be so credited is $120 instead. |
(7) If the amount of a relevant contribution to be credited by the Board under regulation 13 in a particular month to any account in the Fund of a dual status eligible member is less than $10 — the amount to be so credited is $10 instead. |
(8) If the amount of a relevant contribution to be credited by the Board under regulation 13A in a particular month to any account in the Fund of an eligible employee, eligible Group A worker, eligible Group B worker or eligible employee‑platform worker is less than $10 — the amount to be so credited is $10 instead. |
(9) If the amount of a relevant contribution to be credited by the Board under regulation 13A in a particular month to any account in the Fund of an eligible self‑employed person is less than $120 — the amount to be so credited is $120 instead. |
(10) If the amount of a relevant contribution to be credited by the Board under regulation 13A in a particular month to any account in the Fund of an eligible self‑employed person who also worked as an employee, or a platform worker, or as both an employee and a platform worker, is less than $10 — the amount to be so credited is $10 instead. |
(11) To avoid doubt —(a) | a reference to a relevant contribution in paragraphs (5) to (10) excludes an additional relevant contribution under regulation 13E; or | (b) | this regulation does not apply to the payment of an amount permitted to be withdrawn under section 57DA(1) of the Act. |
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(12) In this regulation, “additional benefit” means the benefit that a member is entitled to receive under regulation 11, 12, 13 or 13A as a result of a review mentioned in regulation 9 or a waiver mentioned in regulation 10(3), less the amount of benefit that the member was determined by the Board to be eligible to be paid (before the application for the review or waiver), if any.”. |
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