Judicial officers appointed since 1992 participate in a defined contribution scheme, which is set out in the: Judicial Superannuation Determination 2019 Judicial Officers Superannuation Amendment Determination 2020. Superannuation is a topical issue that all employers are involved in, whether by contributing to KiwiSaver or through their own superannuation arrangements. See also http://www.pco.parliament.govt.nz/editorial-conventions/. Basically after 16 years contribution, a judge was eligible to 60% of the salary for the rest of their life. A separation agreement is the best option for most people who have children or property together. Note 4 at the end of this reprint provides a list of the amendments incorporated. LI No. Note Changes authorised by subpart 2 of Part 2 of the Legislation Act 2012 have been made in this official reprint. Judicial Officers Superannuation Amendment Determination (No 2) 2020. Clause 3(1) Judge of the Court Martial: inserted (with effect on 1 January 2020), on 11 June 2020, by clause 5 of the Judicial Officers Superannuation Amendment Determination (No 2) 2020 (LI 2020/116). Note. You can search the list using the box provided in the table below. PDF version (322KB) Act or other authority. Clause 2(2): inserted (with effect on 1 January 2020), on 5 March 2020, by clause 5(2) of the Judicial Officers Superannuation Amendment Determination 2020 (LI 2020/30). Download (PDF 143 KB) Five year audit schedule. The maximum subsidy (inclusive of any income tax payable on it) on contributions paid, in any year, to a retirement scheme by a judicial officer is,—, in the case of a chief coroner, deputy chief coroner, or coroner (other than a chief coroner or deputy chief coroner who is a Judge), 37.5% of the gross salary and National Duty Coroner allowance actually paid to the chief coroner, deputy chief coroner, or coroner in that year; and, in the case of the Chief Judge or any other Judge of the Court Martial (other than a Judge of the Court Martial who is a District Court Judge), 37.5% of the gross salary actually paid to the Judge in that year; and. For years 2020-21 to 2024-25. Note. Note 4 at the end of this reprint provides a list of the amendments incorporated. 71 See Judicial Superannuation Determination 2006 Amendment Determination 2015 (NZ). However, if the judicial officer is also a contributor to the new GSF scheme, then for the purposes of subclause (1) the ratio is 23.75 to 1. Determination title: amended (with effect on 1 January 2020), on 5 March 2020, by clause 4 of the Judicial Officers Superannuation Amendment Determination 2020 (LI 2020/30). NZ courts are yet to consider obligations in relation to climate-related disclosure. It analyses the Law Commission’s recommendations to reform New Zealand trust law. It has four primary functions: to provide a mechanism for dispute resolution; to deliver authoritative rulings on the meaning and application of legislation; to develop case law; and to uphold the rule of law, personal liberty and human rights. The list of public offices scheduled for audit in 2020-21 has been finalised. Judicial Salaries, Allowances, and Superannuation (Court Martial Appeal Court and Court Martial) Determination 2016: revoked (with effect on 1 January 2017), on 20 April 2017 (after expiring on 31 December 2016), by clause 11 of the Judicial Salaries, Allowances, and Superannuation (Court if the judicial officer is also a contributor to the new GSF scheme, then the maximum subsidy per year on contributions to the retirement scheme, inclusive of any income tax payable on that subsidy, is 23.75% of the judicial officer’s salary; and. Acting-Warranted Judges sit part-time throughout the country as required (or in non-judicial roles). Every reference in any enactment and in any document to the Judicial Superannuation Determination 2019 must, unless the context otherwise provides, be read as a reference to the Judicial Officers Superannuation Determination 2019. These risks are borne by individual judicial officers, and their final accumulated retirement fund will vary with the economic cycles. site, Transitional, savings, and related provisions, Judicial officers to whom this determination applies, Maximum subsidy on annual superannuation contribution, Ratio of superannuation subsidy to judicial officer’s contribution, Limit on service for which superannuation subsidy payable, 5(1)(a) and (ab), (2)(b)(iii) and (iv), and (3), Judicial Superannuation Determination 2004, Judicial Superannuation Determination 2006, http://www.pco.parliament.govt.nz/editorial-conventions/. Coroners (Salaries and Superannuation) Determination 2010: 106: 2: Judicial Salaries and Allowances Determination 2010: 486: 5: Local Government Elected Members (2009/10) (Except Auckland) Amendment Determination 2010: 107: 2: Local Government Elected Members (2010/11) (Auckland Council and Local Boards) Determination 2010: 179: 2 Public offices subject to the Public Records Act by A-Z name (PDF 358 KB) Our court system. It should include the date you agreed to separate. Clauses 3A and 5(1)(a) and (ab), (2)(b)(iii) and (iv), and (3) and Schedule 1 are deemed to have come into force on 1 January 2020. In New Zealand, the inherent jurisdiction of that court is still intact. is a current contributor to the new GSF scheme. Providing an appropriate level of income into retirement for judicial officers is an important way in which the Authority supports the State to ensure the independence of the judiciary. In order for a judicial officer to qualify for a superannuation subsidy, the contribution that the judicial officer must make to the retirement scheme, when expressed as a ratio of the superannuation subsidy to that person’s contribution, is 7.5 to 1. The table below lists the Acts and other authorities under which Legislative Instruments were made in 2015, and those Legislative Instruments. However, there is extra-judicial acceptance by judges of the Supreme Court that climate change is a “material” and “foreseeable financial risk”, and one which directors are accountable to take account of … Section 18 of the Legislation Act 2012 provides that this reprint, published in electronic form, has the status of an official version under section 17 of that Act. Consistency between the Bill of Rights Act 1990 and Restrictions on Prisoners Voting Rights. Download PDF Version (20Kb) In 2006 the Remuneration Authority (the Authority) completed a major review of judicial superannuation. If it deals with shared property: 1. you both have to get independent legal advice 2. it must be in writing and signed by both of you 3. your signatures must be witnessed by a lawyer 4. the lawyer who witnesses your signature must … Judicial officers are required to arrange for the management of their retirement funds during their tenure. New Zealand Superannuation (NZ Super) A complete guide to NZ Super: how to apply, overseas pensions, earning other income, payment rates and dates, travelling or moving overseas. Pursuant to section 12B(2) of the Remuneration Authority Act 1977, the Remuneration Authority makes the following determination (to which is appended an explanatory memorandum). It sets out the percentage of salary contributions made to a retirement scheme by judicial officers that will qualify them for a superannuation subsidy. Clause 2(1): amended (with effect on 1 January 2020), on 5 March 2020, by clause 5(1) of the Judicial Officers Superannuation Amendment Determination 2020 (LI 2020/30). During the last 18 months the Authority has undertaken a more comprehensive review of its approach to setting the remuneration, allowances, and superannuation entitlements for judicial officers specified under section 12B of the Remuneration Authority Act 1977. Clause 5: replaced (with effect on 1 January 2020), on 5 March 2020, by clause 7 of the Judicial Officers Superannuation Amendment Determination 2020 (LI 2020/30).
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