05 Dec 08
NTLG Superannuation Technical Sub-Group
Martin Heffron FTIA (Heffron Consulting) represented the Taxation Institute at the NTLG Superannuation Technical Sub-group meeting held in Melbourne on 3 December 2008. In addition to updates on ATO superannuation related products and litigation program, technical discussions included the following issues:
- effect of a SIS section 299TB Notice;
- refund of contributions made in error;
- actuarial requirement for the transition to retirement pension;
- overseas transfers;
- commutation of defined benefit pensions;
- separate net income;
- exempt current pension liability.
- total permanent disability.