Skip to main
Help and resources
Register
for My Account
Sign in
to My Account
Search
Australian Government
Federal Register of Legislation
Site navigation
Constitution
Acts
Legislative instruments
Notifiable instruments
Gazettes
Administrative Arrangements
Prerogative instruments
Norfolk Island
Home
Legislative instruments
In force
Text
Details
Authorises
Downloads
All versions
Interactions
Australian Defence Force Superannuation Trust Deed 2015
In force
Administered by
Department of Defence
This item is authorised by the following title:
Australian Defence Force Superannuation Act 2015
Superseded version
View latest version
Order print copy
Save this title to My Account
Set up an alert
F2015L01521
29 September 2015
-
05 July 2020
Legislation text
View document
Select value
Legislative instrument
Explanatory statement
Filter active
Table of contents
Enter text to search the table of contents
Collapse
Chapter 1—Preliminary
1 Name
2 Commencement
3 Authority
4 Simplified outline of this instrument
5 Definitions
Collapse
Chapter 2—ADF Super and ADF Super Fund
Collapse
Part 1—Establishment of Australian Defence Force Superannuation Scheme (ADF Super)
6 Establishment of ADF Super
Collapse
Part 2—ADF Super Fund
Collapse
Division 1—Establishment and nature of ADF Super Fund
7 Establishment of ADF Super Fund
8 Content of ADF Super Fund
9 CSC holds ADF Super Fund in trust
Collapse
Division 2—Payments from ADF Super Fund
10 Benefits etc. to be paid from ADF Super Fund
Collapse
Division 3—Investments from ADF Super Fund
11 CSC must invest money in ADF Super Fund that is not immediately needed for payments
12 Manner of investment
13 CSC’s investment strategy and policy
Collapse
Part 3—CSC’s functions and powers relating to ADF Super and ADF Super Fund
14 CSC’s functions
15 CSC’s powers
16 CSC to comply with the Superannuation Industry (Supervision) Act 1993
Collapse
Chapter 3—Rules for administration of ADF Super
Collapse
Part 1—Contributions
Collapse
Division 1—Contributions CSC must pay into ADF Super Fund
17 Contributions by the Department
18 Contributions by serving ADF Super members and their spouses
19 Contributions by ADF Super members generally and their spouses
20 Government co-contributions and superannuation guarantee shortfalls
21 CSC may determine way contributions are to be paid to CSC
Collapse
Division 2—Special kinds of contributions ADF Super members may make
22 Special kinds of contributions ADF Super members may make
23 Transfers and rollovers of rollover superannuation benefits by serving ADF Super members
24 Lump sums from other defence superannuation schemes
Collapse
Part 2—Application of benefits
Collapse
Division 1—Benefits on death of accumulation account-holder
25 Accumulation account-holder may require CSC to pay benefits to his or her legal personal representative or dependants after he or she dies
26 Payment on death of accumulation account-holder without a binding member nomination
Collapse
Division 2—Income products
27 CSC may arrange to offer income products
28 Benefit recipient may purchase income products arranged by CSC
Collapse
Division 3—Account-based pensions provided by CSC
Collapse
Subdivision A—When account-based pension may be provided
29 When CSC may provide account-based pension
30 CSC may publish guidance on exercise of its powers relating to account-based pensions
Collapse
Subdivision B—Payment and amount of pension
31 Application
32 Pension to be paid from pension account
33 Timing and duration of pension
34 Limits on amount of pension
Collapse
Subdivision C—Commuting account-based pension
35 Commuting account-based pension
Collapse
Subdivision D—Pension transferable only on death of recipient
36 Pension transferable only on death of recipient
Collapse
Subdivision E—Death of account-based pension recipient
37 ADF Super pensioner may nominate reversionary beneficiary
38 Death of ADF Super pensioner
39 Death of reversionary beneficiary
40 Change of investment strategy after death
Collapse
Subdivision F—Pension cannot be used as security for borrowing
41 Pension cannot be used as security for borrowing
Collapse
Part 3—Personal accumulation accounts and pension accounts
Collapse
Division 1—Personal accumulation accounts
42 CSC must keep personal accumulation accounts for ADF Super members and non-member spouses
43 Balance of personal accumulation account
44 Credits to personal accumulation account
45 Debits from personal accumulation account
Collapse
Division 2—Pension accounts
46 Keeping pension accounts for pensions provided to ADF Super members
47 Balance of pension account
48 Credits to pension account
49 Debits from pension account
Collapse
Division 3—Crediting of fund earnings and debiting of fund losses
50 CSC may determine amounts of investment earnings and losses to be attributed to personal accumulation accounts and pension accounts
Collapse
Division 4—Member investment choice
51 CSC may let persons choose investment strategy for balances of their personal accumulation accounts and pension accounts
Collapse
Division 5—Fees, costs and expenses determined by CSC
52 Fees, costs and expenses for personal accumulation accounts
53 Fees, costs and expenses for pension accounts
Collapse
Part 4—Reconsideration of decisions
54 CSC may reconsider and change decision
Collapse
Part 5—Family law superannuation splitting
Collapse
Division 1—Crediting value of non-member spouse interest to personal accumulation account
55 Crediting value of non-member spouse interest created to personal accumulation account for non-member spouse
Collapse
Division 2—Guidance on exercise of powers relating to non-member spouse interest
56 CSC may publish guidance on exercise of its powers relating to non-member spouse interests
Collapse
Part 6—Miscellaneous
Collapse
Division 1—MySuper products
57 Compliance with SIS Act in relation to MySuper products
58 Consistent treatment of all holders of MySuper products
59 Investment of amounts held as MySuper products
Collapse
Division 2—Incorrectly paid amounts
60 Correction of mistaken payments to and from ADF Super Fund
61 Returning contributions that should not have been accepted
62 Correction of accounts
Collapse
Division 3—Other matters
63 CSC may determine ways in which applications and nominations are to be made
64 Relationship with other Chapters
Collapse
Chapter 4—Accountability
Collapse
Part 1—Requests by Minister for information
65 CSC must give Minister information he or she requires
Collapse
Part 2—Delegation
66 Delegation by CSC
67 Delegation by Minister