This section explains the qualification and payability provisions for the PBS.
Examples: Bonus periods are measured in days. The examples in this section use weeks however, to simplify the illustration of various calculations.
Act reference: SSAct Part 2.2A Pension bonus
Policy reference: SS Guide 18.104.22.168 Pension Bonus Scheme (PBS) & Pension Bonus Bereavement Payment (PBBP) - Description
This section contains the following topics:
Last reviewed: 30 April 2012