You must contribute a minimum of 2% and up to a maximum of 10% of your super salary (after-tax) into Division C.

Your contribution rate will determine the growth rate of your accrued benefit multiple (ABM), which is then used to determine your super benefit.

The retirement benefit in Division C (Full) is generally a lump sum calculated using your super salary and contribution rate.

Instead of a lump sum, you can choose to take your retirement benefit as an indexed lifetime pension, or as a combination of pension and lump sum.

Benefits are payable upon retirement from age 55, or must be paid at age 65 if you are still in employment at that age.

If your retirement benefit has become payable because you have left employment with the Group after reaching age 55 and you choose a pension, you can begin receiving pension payments immediately, even if you have not reached your preservation age.

Read more about retirement benefit options.

Resignation, retrenchment or super choice before age 55

If you resign, are retrenched or choose to move to another superannuation fund before age 55, you will receive a lump sum, calculated using your super salary and contribution rate. In this case generally you will need to direct us to transfer this amount to another superannuation fund.

Read more about benefit options payable upon resignation, retrenchment or super choice.

Incapacity before age 60

If you make a claim for total and permanent incapacity which occurs before age 60 and that claim is accepted, you will receive a pension benefit, calculated as if you had continued working until age 60. Instead of the pension, you can choose to receive your benefit as a lump sum, or as a combination of pension and lump sum.

Read more about benefit options payable upon incapacity.

Death before age 60

Your death benefit is a lump sum, generally calculated as if you had continued contributing and retired at age 60.

A death benefit is allocated at the trustee’s discretion between one or more of the following groups:

• your spouse(s)
• any dependent children (in one or more Child Benefit Groups)
• your legal personal representative (i.e. the executor or administrator of your estate).

If your Death Benefit is allocated to your spouse, as defined by Division C, instead of a lump sum, your spouse can choose to receive an indexed pension, or a combination of pension and lump sum.

A child allowance may also be payable where relevant. Any allocation to dependent children must be paid as a child allowance. Under the Division C rules there are limits on the total child allowances that can be paid.

Read more about benefit options payable upon death.

Leave without pay (LWOP)

Generally, your contributions will automatically cease about one month after you begin LWOP. Your period of LWOP is not counted as fund membership for benefit calculation purposes and your ABM will not grow during this period. Benefits payable in the event of retirement, death or disablement may be lower if contributions and membership is suspended.

When you return from LWOP, your contributions will automatically recommence at the rate that applied before your LWOP began.

Instead of ceasing your contributions, you can notify us in writing that you wish to continue to make personal contributions for a specified period while on LWOP. Your LWOP period would then be counted as fund membership for benefit calculation purposes, allowing you to accrue benefits, including death or disablement benefits, as you normally would. Note: This option is not available if you’ve been on LWOP for more than 12 months or reached your maximum multiple.

For more information, please refer to the Leave without pay: Division C (Full) fact sheet.

Working part-time

The salary used to calculate your benefit, otherwise known as Final Average Salary (FAS), is the full-time equivalent of your part-time salary, so FAS does not ordinarily depend on the hours you work. Growth in your multiple is based on your hours of work so growth will be lower based on your new part-time hours, however you may be able to offset this by increasing your contribution rate. If you’ve already reached your maximum multiple, a change in working hours generally will not affect your benefit.

Changing your working hours does not have any immediate effect on your benefit accrual up to the time of the change, but will affect the rate at which you accrue new benefits going forward.

For more information, please refer to the Working part-time: Division C (Full) fact sheet.

You cannot contribute into Division C as a Basic member.

The retirement benefit in Division C (Basic) is generally a lump sum, calculated as 3% of your super salary.

Instead of a lump sum, you can choose to take your retirement benefit as an indexed lifetime pension or as a combination of pension and lump sum.

Benefits are payable upon retirement from age 55, or must be paid at age 65 if still in employment.

Read more about retirement benefit options.

Resignation, retrenchment or super choice before age 55

If you resign, are retrenched or choose to move to another super fund before age 55, you will receive a lump sum calculated as 3% of your super salary, plus any top-up required to meet minimum super requirements. Generally, in this case you will need to direct us to transfer this amount to another superannuation fund.

Read more about benefit options payable upon resignation, retrenchment or super choice.

Incapacity before age 60

If you make a claim for total and permanent incapacity which occurs before age 60 and that claim is accepted, you will receive a lump sum calculated as 3% of your super salary, plus any top-up required to meet minimum super requirements.

Instead of the lump sum, you can choose to take the benefit as an indexed pension or as a combination of lump sum and pension.

Read more about benefit options payable upon incapacity.

Death

Your death benefit is a lump sum calculated as 3% of your super salary, plus any top-up required to meet minimum super requirements.

A death benefit is allocated at the trustee’s discretion between one or more of the following groups:

• your spouse(s)
• any dependent children (in one or more Child Benefit Groups)
• your legal personal representative (i.e. the executor or administrator of your estate).

If your death benefit is allocated to your spouse, as defined by Division C, your spouse can choose to receive an indexed lifetime pension instead of a lump sum, or a combination of pension and lump sum.

A child allowance may also be payable where relevant. Any allocation to dependent children must be paid as a child allowance. Under the Division C rules there are limits on the total child allowances that can be paid.

Read more about benefit options payable upon death.

Leave without pay (LWOP)

You will not accrue new benefits for any period of LWOP. When you return from LWOP, your benefit accrual will recommence.

For more information, please refer to the Leave without pay: Division C (Basic) fact sheet.