DFRDB Members have guaranteed benefits irrespective of global financial turmoil
The DFRDB Authority wish to reassure Members that DFRDB entitlements are not affected by the current global financial circumstances. The DFRDB scheme is a fully defined benefit scheme in which entitlements are based on factors such as salary and years of actual length of service (or in the case of medical discharge or Member death, potential prospective service). Unlike many other schemes, the DFRDB benefit is not dependant on fund earnings which are typically influenced by fluctuating global and domestic financial markets.
The only exception to this is the entitlements of DFRDB Members who have separate ancillary contributions with MilitarySuper. These Members are affected by fund earnings which may vary depending on the investment option chosen by the Member. Further details can be located on MilitarySuper's website.