About your Ancillary member statement
Ancillary Benefits include a range of voluntary contributions or transfers that you can make to MilitarySuper for yourself or on behalf of your spouse. There are six types of Ancillary Contributions offered by MilitarySuper. These are: Co-contributions (Government), Salary Sacrifice, Transfer In Amounts, Spouse Contributions, Additional Personal Contributions and Superannuation Guarantee. Your Ancillary Benefit will be paid as a lump sum when you reach your preservation age and/or retired from the workforce or can be rolled over to a regulated Superannuation Fund at anytime. For more information, please refer to the Product Disclosure Statement.
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Your details
Check your personal details carefully. If they are incorrect you can update them via Member Services Online.
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Ancillary benefit
- Co-contributions
- A Co-contribution is an additional contribution paid by the Australian Government for eligible individuals.
- Salary sacrifice
- Salary sacrifice Amounts are those contributions you made from pre-tax salary under an arrangement with your employer. Please note that 15% tax was deducted from these contributions on receipt in MilitarySuper.
- Transfer in amounts
- Transfers In amounts are benefits that have accrued in either:
- Another regulated Superannuation Fund
- A Retirement Savings Account
- An Approved Deposit Fund; or
- The Special Account (previously called the Superannuation Holding Account Reserve, or SHAR)
and have been transferred into MilitarySuper. Please note that 15% tax is deducted from any untaxed portion of the transfer amount on receipt in MilitarySuper.
- Spouse contributions
- Spouse contributions made during the year.
- Additional personal contributions
- Additional personal contributions, these are the voluntary contributions you made from your after tax salary. They are in addition to your regular compulsory member contributions.
- Super guarantee (received from the ATO)
- Superannuation Guarantee, these are contributions collected from an external employer (other than the Australian Defence Force) by the Tax Office under the Superannuation Guarantee scheme.
- Total of all benefits
- This is your total Ancillary Benefit
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Ancillary benefit balance summary
- Investment option
- DFRDB Members and spouses for whom a contribution has been made can choose one investment strategy or a combination of strategies. If no choice is made, Ancillary Contributions are invested in the default Growth strategy.
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Total balance summary
- Unrestricted non-preserved benefit
- Unrestricted Non-preserved Benefits are comprised of personal contributions made prior to 1 July 1999. For Ancillary Benefits these amounts will comprise monies transferred to MilitarySuper as Unrestricted Non-preserved amounts. These amounts may be rolled over to another regulated Superannuation Fund at any time or taken as a cash lump sum. If your Unrestricted Non-preserved Benefit forms part of an amount you transferred into MilitarySuper, the entire transfer amount must be rolled out.
- Restricted non-preserved benefit
- Restricted Non-preserved Benefits are usually comprised of personal contributions made prior to 1 July 1999 which may be paid as cash once a condition of release has occurred (such as changing employers).
- Preserved benefit
- Preserved Benefits must remain preserved in MilitarySuper, or another regulated Superannuation Fund, until you reach your preservation age and retire from the workforce, or you are able to satisfy another condition of release.
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Important information
- Death
- If you die, your eligible dependants (or your estate, if you have no eligible dependants) are entitled to the total equity held for you in MilitarySuper at your date of death, payable as a lump sum. The amount paid to each eligible dependant is based on the number of eligible dependants. No fees or charges are deducted from your account in providing this benefit to you.
- Disability benefits
- If the Trustee assesses you as Totally and Permanently Incapacitated (TPI) (ie that you are unlikely ever to be able to work again in employment you are reasonably qualified for) you are entitled to the total equity held for you in MilitarySuper, payable as a lump sum. No fees or charges are deducted from your account in providing this benefit to you. Further details are available by contacting MilitarySuper. Please note: Any payment received will be subject to PAYG taxation.