Get a benefit quote online!

We’ve just introduced a great new feature to your online account. You can now get a detailed breakdown of your Retirement Scheme benefit including your Benefit Points, employee and employer funded components as well as your preservation and tax components.

The quote provides a breakdown of each benefit type (e.g. Immediate Lump Sum, Deferred Benefit and Retrenchment Benefit) available to you as at the date of the quote.

How to access your online quote

Login to your online account using your Member Number and Pin at You can find your Member Number on recent correspondence we’ve sent you or call us on 1300 369 901 and we can help.

Once you’ve logged in, click on the menu icon in the top right corner of the dashboard and select ‘Benefit Quote’ from the menu. When you get to the end of the first benefit, make sure you click ‘SHOW MORE’ to see all your benefit options.

What your quote includes

Your total benefit is made up of several components including:

  • Contributor Financed Benefit Account – this is the amount of your benefit you’ve funded with the 1%-9% of your income you’ve contributed to your super over the years (plus investment performance).
  • Employer Financed Benefit – this portion of the benefit is funded by your employer and is generally calculated based on your Final Average Salary and accrued benefit points which are shown at the top of the benefit quote.
  • Basic Benefit (Defined Amount) – this is an employer funded portion of the benefit, generally equal to 3% of your Final Average Salary.
  • Other Contributions Account – this portion is funded by you and includes any additional pre-tax or post-tax contributions you have made, rollovers from other super funds, Government co-contributions, spouse contributions and award contributions from employers.

The quote also includes preservation, tax and cashable amounts as listed below.

  • Preservation Components
    • Preserved – must remain in super until you reach a condition of release such as retiring after your preservation age, which is age 55-60 depending on the year you were born.1
    • Restricted Non Preserved – you can access this amount if you leave your current employer.
    • Unrestricted Non Preserved – can be taken out of superannuation at any time but may significantly affect the rest of your benefit so you should speak to us before withdrawing this amount.
  • Taxation Components
    • Tax Free Component – can be withdrawn without paying tax.
    • Taxable Taxed Element – is taxed depending on your age and how the payment is made. If you are age 60 or over, no tax is payable on your pension payments or lump sum withdrawal.
  • Net Cashable Amount
    • Gross Cash Amount – the gross amount that can be taken as cash if you leave your current employer.
    • Less Tax – tax that is applied if you withdraw the total Gross Cash Amount before turning 60.
    • Net Cash Amount – the total of the Gross Cash Amount minus the Less Tax amount.

1 If you’re born before 1 July 1960 your preservation age is 55 years; from 1 July 1960 and 30 June 1961, 56 years; from 1 July 1961 and 30 June 1962, 57 years; from 1 July 1962 and 30 June 1963, 58 years; from 1 July 1963 and 30 June 1964, 59 years; and from 30 June 1964 onwards, 60 years.