The Parliamentary Retiring Allowances Trust (the Trust) was established by section 5 of the Parliamentary Contributory Superannuation Act 1948 (the Act). The Act provides a contributory superannuation scheme for all parliamentarians who entered Parliament before 9 October 2004. The Trust has responsibility for matters where discretion has been given under the Act.
The Trust consists of five trustees - the Minister for Finance (or a Minister authorised by the Minister for Finance) who is the presiding trustee, plus two Senators and two Members of the House of Representatives appointed by their respective Houses.
Further information
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Type of Body
L. Joint ventures, partnerships and interests in other companies
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Established By / Under
Act / Regulation
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Established By/Under More info
Parliamentary Contributory Superannuation Act 1948, section 5
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Annual Report Prepared and tabled?
No
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Classification
D. Other governance relationship
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Creation Date
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Postal Address
To be confirmed
To be confirmed ACT
Australia
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