This document is a general release document containing information that formed a formal response to the Senate Legislation Committee for Finance and Administration regarding their May 2011 Senate Report and a number of Departmental submissions.…
Questions immediately arise as to how the Government or the Parliament for that matter, could apparently find up to $US15Billion of which $US7Billion has now been deposited into the IMF’s “Firewall Fund”; a fund designed to prop up the European…
This is an abridged copy of an email that was sent to the Minister for Veteran’s Affairs, the Shadow Minister and the Veteran’s Network in general, dated 26 March 2013
The Next Step is to inform you of what will happen between now and the day you will need to make a decision about transferring from the DFRDB Scheme to the MSBS.
In the DFRDB Scheme your contributions are paid into Consolidated Revenue -that is they are paid to the Commonwealth. Similarly, all benefits are paid from Consolidated Revenue. For the MSBS, only the employer component is paid from Consolidated…
In June 1986, as part of a National Wage Case, the Conciliation and Arbitration Commission allowed employers and unions to negotiate superannuation arrangements costing no more than 3 % of wages. These arrangements are generally referred to as 3 …
While the majority of benefits for single and married members are identical in the DFRDB Scheme and MSBS, death benefits do differ. This leaflet provides information on death benefits which may be of interest to you if you do not have a spouse or any…