Retirement, Resignation and Redunancy Benefits Diagram Description

If you are aged 60 or above, you have full access to your benefits. This means you can:

Access your Member Benefit as a lump sum and
Access your Employer Benefit, (less any surcharge debt) as a lump sum or
Access your at least 50% of your Employer Benefit as an indexed pension, and the balance as a lump sum

If you are aged 55 to 59, have reached your preservation age and do not intend to work again, you have full access to your benefits. This means you can:

Access your Member Benefit as a lump sum and
Access your Employer Benefit, (less any surcharge debt) as a lump sum or
Access your at least 50% of your Employer Benefit as an indexed pension, and the balance as a lump sum

If you are aged 55 to 59, have reached your preservation age and you intend to work again, you have a combination of a pension and/or a preserved lump sum available to you. This means you can:

Access your 30 June 1999 Member Benefit paid as a lump sum, or leave it preserved in MilitarySuper or another rollover fund
Rollover or Preserve your post 30 June 1999 Member Benefit,

For your Employer Benefit (less any surcharge debt) you have three options. You can either:

Rollover your Employer Benefit to another rollover fund or
Access your Employer Benefit entirely as ain indexed pension or
Access at least 50% of your Employer Benefit as an indexed part-pension and preserve the balance in MilitarySuper or another rollover fund

If you are aged 55 to 59 and have not reached your preservation age you have a combination of a pension and/or a preserved lump sum available to you. This means you can:

Access your 30 June 1999 Member Benefit paid as a lump sum, or leave it preserved in MilitarySuper or another rollover fund
Rollover or Preserve your post 30 June 1999 Member Benefit,

For your Employer Benefit (less any surcharge debt) you have three options. You can either:

Rollover your Employer Benefit to another rollover fund or
Access your Employer Benefit entirely as ain indexed pension or
Access at least 50% of your Employer Benefit as an indexed part-pension and preserve the balance in MilitarySuper or another rollover fund

If you are aged less than 55 and are leaving the ADF on redundancy you have a combination of a pension and preserved benefit available to you. This means you can:

Access your 30 June 1999 Member Benefit as a lump sum,
Preserve your post 30 June 1999 Member Benefit in MilitarySuper or another rollover fund,

For your Employer Benefit (less any surcharge debt) you have two options. You can either:

Access the Employer Benefit as an indexed pension, or
Preserve the Employer Benefit in MilitarySuper

If you are aged less than 55, are not leaving the ADF on redundancy, and have reached your statutory retiring age you have a combination of a pension and preserved benefit available to you. This means you can:

Access your 30 June 1999 Member Benefit as a lump sum,
Preserve your post 30 June 1999 Member Benefit in MilitarySuper or another rollover fund,

For your Employer Benefit (less any surcharge debt) you have two options. You can either:

Access the Employer Benefit as an indexed pension, or
Preserve the Employer Benefit in MilitarySuper

If you are aged less than 55, are not leaving the ADF on redundancy and have not reached your statutory retiring age you have a combination of a lump sum and a preserved lump sum available to you. This means you can:

Access your 30 June 1999 Member Benefit paid as a lump sum, or leave it preserved in the fund
Preserve your post 30 June 1999 Member Benefit in MilitarySuper or another rollover fund
Preserve you Employer Benefit (less surcharge debt) in MilitarySuper

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