Redundancy benefits

Follow this link to the quick guide to DFRDB Redundancy Benefits

If you are made redundant, and you are not eligible to receive retirement pay from the DFRDB
Scheme, you will receive a lump sum refund of the contributions you have paid into the
Scheme, plus a gratuity where applicable.

If you are entitled to retirement pay this is determined in the same manner as retirement except that if you are an officer and you are made redundant, you will be exempt from the notional retiring age provisions

If you are made redundant on non-medical grounds and have 20 or more years of effective service, or have 15 or more years of effective service and have reached the retiring age for your rank (usually age 55), you are entitled to retirement pay. Retirement pay becomes payable on the day after the date of your discharge from the Defence Force, and it will be paid to you fortnightly for the rest of your life (unless you re-enter the ADF). Retirement pay is subject to annual indexation based on movements in the CPI.

Please note you do have the option to elect to preserve your benefit instead of taking a refund. See form D60 Election for Preservation of DFRDB Rights and Superannuation Productivity Benefit (PDF 269KB) and the Preserved Benefits Fact Sheet DB03 (PDF 324KB).

Forms and Fact Sheets

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