Retirement Benefits Fund

Article 12/11/2020: Superannuation scams

Keep on Top of COVID Campaign​ - Released on 20 October 2020.

COVID-19 early release 

On 22 March 2020 the Australian Government announced changes to provide financial assistance to Australians to support them through the Co​ronavirus. Part of this assistance includes temporary early release of superannuation.

Compulsory Preserved Accounts (CPA), Investment 12 accounts and CPA12 accounts are the only RBF account types that are eligible for COVID-19 early release payments.  

If you are an active contributor to your defined benefit account or hold a Family Law non member spouse entitlement, then you are not eligible for early release, and any approval provided by the ATO will not be valid and RBF will decline your application.​​

Active members of the Contributory Scheme, the Fire and Ambulance Schemes and our life pensioners are not eligible to access any of their benefit under these arrangements.

For further details on these measures, please click here.