Bill
Defence Legislation Amendment (Superannuation and ADF Cover) Bill 2015
passed, as at 2015-09-10. Defence portfolio.
- Sponsor
- Not recorded
- Portfolio
- Defence
Recorded stages
- introduced — 2015-06-25
- second reading — 2015-06-25
- second reading — 2015-08-18
- second reading — 2015-08-19
- second reading — 2015-08-19
- third reading — 2015-08-19
- introduced — 2015-08-19
- second reading — 2015-08-19
- second reading — 2015-08-20
- second reading — 2015-08-20
- third reading — 2015-08-20
- passed — 2015-08-20
- royal assent — 2015-09-10
Divisions
No divisions recorded. Most questions are decided on the voices; this does not establish that a bill was unopposed.
Plain-language summary
Written by a model from the explanatory memorandum; not the record, as at 2015-06-25.
This bill is part of a three-bill package that creates a new superannuation scheme for Australian Defence Force members and supports a new workforce model.
The package includes the Australian Defence Force Superannuation Bill 2015, which lets new ADF members from 1 July 2016 choose their superannuation scheme and transfer benefits when leaving, and the Australian Defence Force Cover Bill 2015, which provides separate death and invalidity cover.
The package also includes draft trust deeds and an instrument that makes consequential changes to the Military Superannuation and Benefits Scheme Trust Deed and Rules to reduce red tape.
- Establishes the Australian Defence Force Superannuation Scheme (ADF Super).
- Introduces standalone statutory death and invalidity cover under ADF Cover.
- Makes administrative changes to the MSBS Trust Deed and Rules to reduce red tape.
Permanent members of the Australian Defence Force (ADF) and people joining the ADF on and after 1 July 2016.
Sources
em
billhome
frl act