A redundancy, whether it’s voluntary or not, can have a significant impact on your super. Understanding your options can make a real difference down the line.
Understanding your options when you leave the military can make a real difference to your super. Whatever you choose to do may have long-term implications. To find out more about your redundancy options, please read our Redundancy benefits quick guide and DFRDB Book.
You are eligible for retirement pay if made redundant on non-medical grounds with 20 years or more effective service or 15 years or more effective service and reached your retiring age for your rank. Your retirement pay will be paid fortnightly for the rest of your life (unless you re-entered before the 1st of July 2016), starting the day after you discharge from the ADF.
Those not eligible for retirement pay will receive a lump sum refund of contributions paid, plus a gratuity.
Please refer to our Application for DFRDB retirement pay, commutation and superannuation productivity (including MilitarySuper ancillary benefit) form for more detail.
We’re here to help.
Redundancy can be complex and stressful. We understand that and we’re here to guide you through the whole process. Give us a call on 1300 001 677 to discuss your options.