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Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 1 January 2018 - onwards
Version 2 of 2

14. Salary and superannuation

DRAFT Text substituted 9. Amendment of section 14 of Principal Act of the Financial Services and Pensions Ombudsman (Amendment) Bill 2023 (stage updated 23 April 2024)

(1) In this section, "superannuation benefit" means any pension, gratuity or other allowance payable to or in respect of a person ceasing to be Ombudsman, Deputy Ombudsman or a member of the staff of the Office.

(2) The Ombudsman and the Deputy Ombudsman shall be paid such remuneration and allowances (including travel and subsistence allowances) as the Minister, with the consent of the Minister for Public Expenditure and Reform, determines.

(3) The Minister may, with the consent of the Minister for Public Expenditure and Reform, make and carry out such scheme or schemes for the granting of superannuation benefits to or in respect of any person (including the Ombudsman and Deputy Ombudsman) who, on becoming a member of the staff of the Ombudsman, does not become a member of the Single Public Service Pension Scheme.