Employer Induction - History of the Defined Benefit Scheme (Div D)

Defined Benefit Scheme (Div D)

The Defined Benefit Scheme was known as the State Superannuation Scheme (SSS) under the public system was closed to new members on 30 June 1985. Existing members were either compulsorily transferred to the EISS Defined Benefit Scheme on 1 July 1997 or have subsequently transferred their membership on being employed by an EI employer.

Div D is a defined benefit scheme which pays benefits to members as a fortnightly pension. There are some lump sum options available to members in certain circumstances. Members of Div D are also entitled to the Basic Benefit which is the same as that for Div B members, including the provision of the Other Contributions (OC) account.

Energy Industries Superannuation Scheme Pty Limited ABN 72077947285
Pool A ABN 22277243559 | Pool B ABN 64322090181
Personal advice is provided by FuturePlus Financial Services Pty Limited | ABN 90080972630 | AFSL Number 238445

This website has information about particular superannuation products offered under the Energy Industries Superannuation Scheme (EISS) for members and prospective members. The issuer of the superannuation fund interest is Energy Industries Superannuation Scheme Pty Limited, the trustee of EISS. In some circumstances, the seller of a superannuation product in relation to EISS will be a financial planner or another person associated with the trustee's service provider, FuturePlus Financial Services Pty Limited. The relevant Product Disclosure Statements (PDS) are available on the website or by contacting Member Services on 1300 369 901. You should consider the relevant PDS in deciding whether to acquire, or continue to hold the superannuation product.