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Reference PageBi-Annual Benefits
Pension Administration Service | Bi-Annual Benefits | CPI Update | Latest Date to make changes to payments | Medicare
Bi-Annual adjustment of benefits
In the past, pensions payable by ComSuper were adjusted once a year to reflect any upwards movement in the March-to-March Consumer Price Index (CPI). The increase was payable on the first pension payday in July.
Following changes to scheme rules, since January 2002, pensions payable by ComSuper are now adjusted twice a year. The adjustment is made on the first pension payday in January and July to reflect any upwards movement in the CPI for the six months ending March and September.
For a pension increase to apply in a period, the CPI at March or September must be higher than the CPI used when pensions were last increased. There is no adjustment to pensions in a period where the CPI declines rather than increases.
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For more information on the Consumer Price Index, see the Australian Bureau of Statistics web site.
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For information about your superannuation entitlement, the payment of your benefit or about any other superannuation related matter, see the Customer Service Centre.
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