A B C D E F G H I J K L M N O P Q R S T U V W Y Z

Member benefit statement

A statement from superannuation fund trustees that must be sent at least annually to fund members. The statement includes a summary showing: members’ account balances; how much of their account balance is preserved until reaching retirement at a certain age; member/employer contributions for the period covered; earnings allocated to members; the level of their death benefits; and fees and charges deducted.
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