Improved Death and Invalidity Benefits for Members of the Military Superannuation and Benefits Scheme
On 22 October 2009, the Minister for Defence Personnel, Materiel and Science, the Hon Greg Combet, announced a change that will improve death and invalidity benefits for members of the Military Superannuation and Benefits Scheme (MilitarySuper).
Benefits for death and invalidity payments will now be calculated in line with changes to the compulsory retirement age for ADF members and will be backdated from 1 July 2007.
This change affects the calculation of Class A and B invalidity and death (in service) benefit entitlements provided for under the MilitarySuper Scheme. Benefit payments that may have eligibility will be reviewed and, where necessary, adjustments will be made. Members will be advised of any change in benefits as soon as the review has been completed and any increased benefit amount will be paid with interest.
A copy of the Minister’s media release can be found at: www.minister.defence.gov.au.