State Fire Commission Superannuation Scheme

​The State Fire Commission Superannuation Scheme is a defined benefit scheme.

Membership was open to permanent full-time uniformed employees of the Tasmanian Fire Service. The scheme was closed to new members from 1 July 2005.

For more details on how your State Fire Commission Superannuation Scheme benefits are calculated please refer to the State Fire Commission Superannuation Scheme - your benefits explained fact sheet. 

What happens to my money if I resign?

If you resign from the Tasmanian Fire Service and you are under your preservation age, you will be provided payment instruction forms to complete in order to transfer to a complying superannuation scheme of your choice (less tax).

For more information please read: 

 RBF Fact Sheet - SFCSS Your Benefits Explained (PDF 285Kb)


What happens to my money when I retire?

When you reach preservation age and retire, you may have the option of transferring your benefit to a complying superannuation fund of your choice, cashing all or part of your benefit or a combination of the above.

For more information please read: 

 RBF Fact Sheet - SFCSS Your Benefits Explained (PDF 285Kb)​


What tax will I pay when I retire?

When you reach preservation age and choose to access your benefit, taxation will be determined by both your age and the type of benefit you choose to access.

Super benefits coming from State Fire Commission Superannuation Scheme will become tax exempt when you reach age 60.
If you retire and access your super before age 60 you will continue to pay some tax until your 60th birthday.

The table below shows the impact of taxation to member's benefits:

IncomeTax componentAccessed by members from preservation age to 59*Accessed by members aged 60 and over
Lump sumTax-freeTax-freeTax-free
Taxable
(taxed)
$0 - $200,000 will be tax-free
Above $200,000 taxed at 15% plus the Medicare Levy
Tax-free

 

* Taxation rates and thresholds effective 1 July 2017 and are subject to change.

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