The assessment protocols include a method to score the effectiveness of the implementation of the separate components of the process safety programs. Note: CSC may take out death cover and invalidity cover in separate policies. 6.3.5 Where CSC accepts a request to reconsider one of its decisions in relation to PSSAP, CSC, unless under Rule 6.3.4 it has decided in favour of the person seeking reconsideration, must: (a) if CSC has delegated to a Reconsideration Advisory Committee CSCs power to determine the matter, refer the request to the Committee for review and to exercise that power and in that event the Committee must review the decision and determine the matter in accordance with the delegated power by: (b) itself review the decision and decide whether to affirm the decision, vary the decision, substitute another decision or set the decision aside, after considering the recommendation of a Reconsideration Advisory Committee, if any, if, at its discretion, it has referred the request to the Committee for review and to make a recommendation in relation to the decision; after first obtaining, if appropriate, the recommendation of an Assessment Panel, and the Committee or CSC, as the case requires, may, at its discretion, refund the fee paid. All Rights Reserved. If parents fail to make a selection within 60 days, the birthday rule would then take effect. The birthday day rule is not a law instead, it is a guideline for how health insurers coordinate with each other. 1st Amdt, 2006; 2nd Amdt, 2007; 3rd Amdt, 2008; 4th Amdt, 2009; 5th Amdt, 2011; 6th Amdt, 2012. 2.3.1 An ordinary employer-sponsored member may pay contributions to CSC at any time and in any amount: (a) except that CSC must reject any contributions paid under this Rule if the SIS Act would prevent the PSSAP Fund from accepting the contributions or if acceptance of the contributions by CSC may jeopardise the status of the PSSAP Fund as a complying superannuation fund; and. A designated employer is required to pay contributions only in respect of ordinary employer-sponsored members. Also, where a person is an ordinary employer-sponsored member with one designated employer and, upon ceasing to be the employee of that designated employer, immediately becomes the employee of another designated employer, the person does not cease to be an ordinary employer-sponsored member. means a "enterprise agreement" within the meaning of section 12 of the Fair Work Act 2009. former . = added or inserted am. Join the super fund for Australian Government and Defence Force employees. In 2021, a bill was introduced in the House of Representatives that would give parents more control in deciding which plan provides primary coverage. The secondary payer may step in and provide full coverage, partial coverage or no coverage for various services depending on whether they fall under the secondary plans coverage requirements. Most and least expensive trucks to insure, How to find out if someone has life insurance, Best health insurance for college students. The bill, known as the Empowering Parents' Healthcare Choices Act, would give parents with dual policies 60 days from the date of an infants birth to choose which plan is primary and to notify the insurer of their choice. 3.5.2 A person in receipt of benefits under Division 1 of this Part may use the benefits to purchase income products arranged by CSC. Also covers the payment to CSC of contributions and transfer amounts in respect of an ordinary employer-sponsored member of PSSAP by designated employers and by or on behalf of employees and the transfer of amounts to the plan from other superannuation entities. DHS and ATO, for example, pay based on ordinary time earnings. (b) a transitional member who is applying for an amount of benefits to be cashed as an income product, which may be a transition to retirement income stream, a non-commutable allocated annuity, a non-commutable allocated pension, a non-commutable annuity or a non-commutable pension. Crediting of fund earnings and debiting of fund losses, Crediting of earnings and debiting of expenses and losses. *At this time, the protocols are only being provided to refining and petrochemical sites. This compilation was prepared on 16 March 2012 taking into account the Sixth Amending Deed 2012, Prepared by the Office of Legislative Drafting and Publishing, Attorney-Generals Department, Canberra, 1. is to be known as the Public Sector Superannuation Accumulation Plan; is for the benefit of persons who will be members of PSSAP; and, (b) establish and vest in the Australian Reward Investment Alliance (formerly known at the PSS Board) established under section 20 of the. However, CSC must reject any contributions paid under this Rule if the SIS Act would prevent the PSSAP Fund from accepting the contributions or if acceptance of the contributions by CSC may jeopardise the status of the PSSAP Fund as a complying superannuation fund. 2.2.5 CSC may from time to time determine the way in which basic employer contributions and additional employer contributions must be paid to CSC. Children and adults can be covered under more than one health plan. 2.2 There is hereby established from 1July2005, and vested in CSC (formerly referred to as the Board), a fund for the purposes of PSSAP (to be known as the PSSAP Fund). Editorial Note: The content of this article is based on the authors opinions and recommendations alone. They do not usually choose to cover the infant with two insurance policies, and as a result the birthday rule no longer applies. How you become a member of PSSAP. means the superannuation scheme established by the Trust Deed, as amended from time to time, referred to in section 4 of the 1990 Act. Carrying two health insurance policies costs more in terms of premiums, deductibles and out-of-pocket costs. ABOUT US. (b) may include any other provision that is related to, or consequential on, provisions referred to in paragraph (a) concerning a splitting agreement or splitting order; 1.1 In this Deed, where the context requires or admits, a reference to the Deed shall include a reference to the Rules, as set out in the Schedule, and the Rules shall form part of the Deed. Issued 24 September 2021, this document provides important information about the features, benefits, risk and cost of investing your super in PSSap Super. 4.3.3 The basic income protection cover of an ordinary employer-sponsored member ceases on the earliest of: (a) the day, or a day after the day, that the ordinary employer-sponsored member ceases to be an ordinary employer-sponsored member, that is specified in the basic income protection cover policy for the purpose of this paragraph; (b) the date the ordinary employer-sponsored member notifies CSC that they no longer wish to have basic income protection cover; (d) where, under Rule 4.3.6, a premium payable for basic income protection cover has not been paid on the day on which the premium became payable and the terms of the basic income protection cover policy provide for cover to end when premiums cease, the day after the day on which the cover ends due to non-payment of premiums; and. Contains timely interpretation and analysis of recent developments for major products production, imports, refinery operations, and inventories - accompanied by API's estimates of these data for the most recent month and graphs of major series, including product deliveries, crude oil production, imports . States and insurers can use different approaches, but most have adopted the birthday rule as a uniform, unbiased means of determining primary and secondary coverage in situations where a child has coverage under both parents plans. Rules do not necessarily have their own Rule headings. The intent of the birthday rule is to prevent the double billing and overpayment of claims while ensuring that the child with dual coverage receives coordinated and . After the first 260 CDDs, if your contribution rate is more than 5%, your ABM accrues at a higher rate. There are several notes within the Rules to help readers understand the more complicated superannuation concepts or to inform them of the need to refer to another area of the Rules. (b) must be paid directly to the ordinary employer-sponsored member as a non-commutable income stream. It was founded in 1990 and is now working in Anantapur District in India. Contributing members of PSS are generally eligible for a retirement benefit on leaving employment from the age of 55 onwards. 4.2.3 CSC may allow the ordinary employer-sponsored member to choose the policy providing the supplementary death and invalidity cover if CSC has taken out more than one policy. (a) employment with an organisation or association registered or recognised under the Fair Work (Registered Organisations) Act 2009, the membership of which includes people who are members of the CSS or the PSS or the PSSAP or a body consisting of such organisations; (b) if the person is employed in an APS Agency employment that is approved by the Agency Head (within the meaning of the Public Service Act 1999) of the Agency on the basis that the engagement of the person in the other employment is in the interests of the Australian Public Service; or. A secondary plan wont reimburse you for services it doesnt cover. But if separate policies are maintained, youll want to make sure you understand how the child will be covered immediately after the birth or adoption, even if you intend to only add the child to one parents policy. If the parents are divorced with joint custody and a court has not specified which parent is responsible for providing health coverage for the dependent children, the birthday rule would be used to determine which plan is primary if both parents maintain coverage for the children. Birthday rule blindsides first-time parents with a mammoth medical bill. Lets say, for example, that a child covered under two policies has a medical bill of $1,000. 6.3.2 A request for reconsideration of a decision of CSC in relation to PSSAP must be made in writing and: (a) set out the particulars of the decision to be reconsidered; (b) specify the grounds for the request; (c) include new evidence, being evidence not previously known to CSC, supporting the grounds for the request; and. AU BNF1 Form Versions. 7.3.3 Subject to the SIS Act, the rights of persons claiming death benefits upon the death of a non-member spouse in relation to their non-member spouse interest are the same as the rights of persons claiming death benefits upon the death of a PSSAP member in relation to the interest in the PSSAP Fund of the deceased PSSAP member. (e) any accretions to or profits on realisation of investments held within the PSSAP Fund. And make sure you know the payment procedure before you or your children visit the doctor or you may find yourself personally responsible for some unexpected medical bills. 3.3.5 CSC must advise its decision under Rule 3.3.3 to the ordinary employer-sponsored member and the designated employer of the ordinary employer-sponsored member. If coverage for both plans started on the same day, the birthday rule applies. If a claim needs to be filed for the child, which policy covers it? 3.3 In exercising its functions and powers, CSC shall comply with the requirements of the Superannuation Industry (Supervision) Act 1993 and Regulations made under that Act, and have regard to the interests of PSSAP members, their employers and non-member spouses entitled to benefits. If you were to do that before the child is born, youll have only one plan (your spouses). | Terms & Conditions | Privacy, Mechanical Integrity (focused on fixed equipment), Hydrofluoric Acid (HF) Alkylation/API RP-751, Pipeline Strategic Data Tracking System (PSDTS). Basic death and invalidity cover is to be on the terms and conditions, including the circumstances, agreed between CSC and the relevant life insurance company or companies. 6.2.2 A request for reconsideration must be made in writing, or any other form acceptable to CSC, and must set out the particulars of the decision to be reconsidered. 6.6 CSC shall ensure that any investment manager engaged by CSC in relation to the PSSAP Fund: (a) operates within the investment powers of CSC and the investment strategy and policy as determined for the time being by CSC; and. 3.3.3 Following receipt of an application to approve the invalidity retirement of an ordinary employer-sponsored member, CSC may approve the persons invalidity retirement if it is satisfied that the person has a permanent incapacity. Regulation 6.35 of the SIS Regulations sets out when a trustee may refuse to roll-over or transfer an amount in response to a request from a scheme member. 3.2.2 Subject to Rule 3.2.1, in the event of the death of a PSSAP member, CSC must pay or apply the deceased members total benefit to or for the benefit of one or more, as determined by CSC, of the following: (a) one or more dependants of the deceased PSSAP member; (b) the legal personal representative of the deceased PSSAP member. If youre expecting a new baby or have a pending adoption and both parents have their own health coverage, its important to understand how the coordination of benefits will work. 3.1.14 Subject to the SIS Act, a roll-over application must be made in a form acceptable to CSC and must include any supporting evidence of entitlement to the benefit required by CSC. 4.2.1 Subject to the requirements of the SIS Act, CSC may take out a policy or policies with a life insurance company or companies in its name to provide supplementary death and invalidity cover for ordinary employer-sponsored members. (b) doing all things necessary to correct the records of the PSSAP Fund to reflect action taken under paragraph (a). The Process Safety Site Assessment Program (PSSAP) will be implemented and managed by the API Global Industry Services (GIS) Department. 4.4.5 If an ordinary employer-sponsored member applies to CSC for supplementary income protection cover, or applies to vary existing cover, CSC must ask the relevant life insurance company: Variation of supplementary income protection cover. (ii) each subsequent birthday of the ordinary employer-sponsored member, or other date as specified in the policy. Write a review. in relation to a PSSAP member, means the balance of the members personal accumulation account at the end of the day before the benefit is paid. Most and least expensive trucks to insure, how to find out if has... Out death cover and invalidity cover in separate policies parents with a mammoth medical bill insure how. Has a medical bill of $ 1,000 correct the records of the process safety Site assessment Program PSSAP! 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