DFRDB
Defence Force Retirement and Death Benefits
Annual Report to Parliament
Appendix 5: Glossary
- AAT
- Administrative Appeals Tribunal
- ADF
- Australian Defence Force
- AD (JR) Act
- Administrative Decisions (Judicial Review) Act 1977
- commutation
- conversion of a part of a pension to a lump sum
- ComSuper
- Commonwealth Superannuation Administration
- CPI
- Consumer Price Index
- deferred benefit
- payable, after twenty years combined ADF and government service, to Members with a refund entitlement who leave their benefit in the Scheme
- DFRB
- Defence Forces Retirement Benefits
- DFRDB
- Defence Force Retirement and Death Benefits
- FOI
- Freedom of Information
- gratuity
- a one-off bonus payment paid to some Members on resignation. It is usually only paid to ‘other rank’ Members
- incapacity
- the degree to which the disorder that caused a Member’s retirement affects his or her ability to perform appropriate civilian work. The basis for determining invalidity benefits
- invalidity
- a mode of retirement resulting from a disorder or disorders that render a Member unfit for further military service
- MSB
- Military Superannuation and Benefits
- MSBS
- Military Superannuation and Benefits Scheme
- MSCC
- Military Superannuation Communications Committee
- no-detriment
- provision that ensures that certain officers receive a DFRDB benefit at least the equal of the DFRB benefit for which they were contributing before the DFRB Scheme closed
- preservation
- used colloquially to refer to deferred benefits and to the transfer of benefits
- productivity
- a benefit component for all Members, accruing since January 1988 and funded by the Department of Defence
- re-entered recipient
- a contributor who has rejoined the Scheme having previously received a DFRDB pension
- reversionary benefit
- the benefit payable to eligible spouses and children (including orphans) of a contributor, pensioner or preserved benefit Member who dies
- SIS Act
- Superannuation Industry (Supervision) Act 1993
- Superannuation Guarantee
- arrangements which mean that a Member who receives a refund entitlement is entitled to an additional payment to bring the employer benefit to a minimum required amount
- surcharge
- Superannuation Contributions Tax (Assessment and Collection) Act 1997, a tax on employer–financed superannuation contributions
- transfer value
- an amount paid to an eligible superannuation scheme on behalf of a Member who leaves the DFRDB without a pension entitlement