2005/07

Safety, Rehabilitation and Compensation Act 1988

Superannuation pensions – June 2005 Update

Background

1. The Government funded portion of all Commonwealth Superannuation pensions paid by the  Commonwealth Superannuation Administration (ComSuper) is adjusted twice a year.

2. These adjustments to pensions may affect weekly incapacity benefits payable to ex-employees.

3. This policy advice applies only to pensions paid by ComSuper, i.e, under the Commonwealth Superannuation Scheme (CSS), the Public Sector Superannuation Scheme (PSS), the Defence Force Retirement and Death Benefits Scheme (DFRDB) or the Military Superannuation and Benefits Scheme (MSBS).  Details of adjustments to pensions paid under other superannuation schemes, which may also affect weekly incapacity benefits payable to ex-employees, should be checked with the scheme administrators.

Policy Advice

4. ComSuper has advised that the Government funded portion of pension benefits payable will increase by 1.4%.

5. This increase is effective from 24 June 2005.  It will be paid on pension payday
   7 July 2005.

6. Enquiries about the application of this policy advice may be directed to the Compensation and Injury Management Policy Group on 1300 366 979.

Comcare

6 June 2005