Supplementary Disablement Benefit changes
With effect from 25 November 2014 some amendments have been made to the governing rules applicable to all future Supplementary Disablement Benefits approved for payment from the Fund. Firstly the current method of payment of all future Supplementary Disablement Benefits approved for a member under age 55 will be extended from five years to the greater of:
(a) five years; or
(b) a period calculated from the member's age at the date the benefit becomes payable to the member's 55th birthday.
Secondly, a fourth restriction has been introduced on a member's entitlement to a Supplementary Disablement Benefit. This additional restriction is that the member does not engage in any employment until the member's claim for a total and permanent disablement benefit has been finalised.
These amendments provide the Superannuation Board with the necessary tools to afford greater protection to the existing level of benefits of the Supplementary Disablement Benefit section of the Fund.
To help you maximise your superannuation we have provided you with a direct link to the Super Guru website that is maintained by the Association of Superannuation Funds of Australia Ltd. To access the Super Guru website click on the words "Keep your Super unified" above.
This is your new FES Super Website
28 October 2013
We hope you find the content easy to navigate and useful for your needs. We welcome any feedback you would like to make on the website.
Rolling over your superannuation accounts from other funds into FES Super will make it easier for you to manage your superannuation and reduce the overall administration fees you have to pay for your super.