Commonwealth Consolidated Acts

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AUSTRALIAN DEFENCE FORCE SUPERANNUATION ACT 2015 - SECT 3

Simplified outline

This Act provides for a superannuation scheme, to be known as the Australian Defence Force Superannuation Scheme (ADF Super).

Generally, a person is eligible to become an ADF Super member if he or she is a member of the Permanent Forces or a continuous full - time Reservist on or after 1   July 2016. After that day, DFRDB and MSBS are closed to persons who commence with the Defence Force.

In some cases, a person who is eligible to become an ADF Super member becomes a member if he or she chooses to become a member. In other cases, a person automatically becomes an ADF Super member.

A person's membership of ADF Super continues until the occasion, or the last of the occasions, on which a benefit is paid to or in respect of the member.

The Department must pay contributions to ADF Super for the benefit of certain ADF Super members. Contributions may also be made by employers of ADF Super members who are former long - term ADF members, and by ADF Super members who are self - employed former long - term ADF members, in accordance with the Trust Deed.

CSC is responsible for ADF Super.



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