Transcription of Invalidity Benefits - CSC
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Invalidity Benefits - CSC
MB0305/21 Any financial product advice in this document is general advice only and has been prepared without taking account of your personal objectives, financial situation or needs. Before acting on any such general advice, you should consider the appropriateness of the advice, having regard to your own objectives, financial situation and needs. You may wish to consult a licensed financial advisor. You should obtain a copy of the MilitarySuper Product Disclosure Statement (PDS) and consider its contents before making any decision regarding your Superannuation Corporation (CSC) ABN: 48 882 817 243 AFSL: 238069 RSEL: L0001397 Trustee of the Military Superannuation and Benefits Scheme (MilitarySuper) ABN: 50 925 523 120 RSE: R1000306 Invalidity BenefitsFor more information see the Invalidity Benefits The classification process factsheet, available at Defence Force (ADF) personnel must maintain a high standard of fitness.
The Employer Benefit is paid as an indexed pension using the conversion factor of 11 (or higher factor if your compulsory retiring age for rank is less than 60–the appropriate conversion factors are listed in the table below). The Employer Benefit cannot be taken as a lump sum. Pension conversion factors Age Factor Age Factor 40 15.0 53 12.4
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