Investment Choice
What Part of Your Benefit Does Investment Choice Apply to?
Your Military Benefit is made up of three parts: Member benefit, Employer and Ancillary Benefit (if you have such contributions).
Member Benefit:
This part of your benefit is made up of:
Your Contributions (including Ancillary contributions if any)
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Investment returns
You can choose how to invest your Member benefit from one of the following five investment strategies.
If you don't make a choice your Member Benefit (including ancillary account) will be invested in the Growth strategy.Top
Employer Benefit: (Includes the 3% productivity benefit)
Investment Choice does NOT apply to your Employer Benefit.
This is the larger part of your benefit and costs you nothing - it is fully paid for by the Commonwealth Government. Investment returns do not affect this part of your benefit while you are a Contributing Member.
How is Employer Benefit Calculated?
Your Employer Benefit is calculated by applying a percentage based on your length of Service to your Final Average Salary (FAS), as shown in the Employer Benefit Growth Table below. FAS is your average superannuation salary over the last three years of your Australian Defence Force service:
Employer Benefit Growth Table
| Years of service | % of FAS per year |
|---|---|
| Enlistment to 7 years | 18% |
| 7 years to 20 years | 23% |
| 20 years onward | 28% |
Investment Choice applies only to your Member Benefit and ancillary account (including Associate A account).
Can I choose which Superannuation Fund I can have my contributions invested?
No. The Choice of Fund Legislation does not currently apply to unfunded government defined benefit schemes such as MilitarySuper.
You can, however, rollover your ancilary contributions to another regulated Fund at any time.
More Information
Customer Service Centre
For information about your superannuation entitlement, the payment of your benefit or about any other superannuation related matter, contact the Customer Service Centre.
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