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Statement of expectations and intent

STATEMENT OF EXPECTATIONS FOR MEMBERS OF THE DEFENCE FORCE RETIREMENT AND DEATH BENEFITS AUTHORITY

I expect that the members of the Defence Force Retirement and Death Benefits
Authority (DFRDB Authority) will:

  1. operate the DFRDB Scheme in accordance with the Defence Force Retirement and Death Benefits Act 1973 and the Service Level Agreement (SLA) between the Authority, the Military Superannuation and Benefits Board, Defence and Commonwealth Superannuation Administration (ComSuper).
  2. publish this Statement of Expectations and the Statement of Intent in the DFRDB Authority’s annual report.
  3. provide a copy of the DFRDB Authority’s annual report to me, the Secretary of the Department of Defence, Chief of the Defence Force (CDF), Chief of Navy (CN), Chief of Army (CA) and Chief of Air Force (CAF).
  4. keep me fully informed of the activities of the DFRDB Authority and alert me to any ‘significant events’ related to the DFRDB Authority’s core business in a timely manner.
  5. implement the changes recommended in the assessment of DFRDB against the framework of the ‘Review of the Corporate Governance of Statutory Authorities and Office Holders by Mr John Uhrig, AC (the Uhrig Report)’.
  6. disclose potential conflicts of interest.

Signature of Brendan Nelson

BRENDAN NELSON
Minister for Defence

STATEMENT OF INTENT FOR MEMBERS OF THE DEFENCE FORCE RETIREMENT AND DEATH BENEFITS AUTHORITY

In the discharge of its responsibilities for the Administration of the Defence Force Retirement and Death Benefits Act 1973 and the Defence Forces Retirement Benefits Act 1948, the Defence Force Retirement and Death Benefits Authority (DFRDB Authority) will:

  1. operate the DFRDB Scheme in accordance with the Defence Force Retirement and Death Benefits Act 1973 and the Service Level Agreement (SLA) between the Authority, the Military Superannuation and Benefits Board, Defence and Commonwealth Superannuation Administration (ComSuper).
  2. publish this Statement of Expectations and the Statement of Intent in the DFRDB Authority’s Annual Report to Parliament.
  3. provide a copy of the DFRDB Authority’s Annual Report to the Minister, the Secretary of the Department of Defence, Chief of the Defence Force (CDF), Chief of Navy (CN), Chief of Army (CA) and Chief of Air Force (CAF).
  4. keep the Minister fully informed of the activities of the DFRDB Authority and alert the Minister to any ‘significant events’ related to the DFRDB Authority’s core business in a timely manner.
  5. implement the changes recommended in the assessment of DFRDB against the framework of the ‘Review of the Corporate Governance of Statutory Authorities and Offices Holders by Mr John Uhrig, AC (the Uhrig Report)’.
  6. disclose potential conflicts of interest.

Signature of Leo Bator

LEO BATOR
Chairman
Defence Force Retirement and Death Benefits Authority