| Effective | Change |
|---|---|
| 1 February 2007 | Improvements to insuranceLump Sum Scheme members who salary sacrifice into Triple S can apply for additional Death and TPD insurance through Triple S. |
| 1 July 2006 | Moderate investment option introducedLump Sum Scheme members now have the choice of seven investment options. |
13 January 2005 |
Government Co-contribution payments Eligible Lump Sum Scheme members are able to receive co-contribution payments into a Triple S account through the Commonwealth Government's Co-contribution Scheme. |
18 November 2004 |
Change to Superannuation Salary for the first 12 months of an Untenured Executive contract This change provides for the calculation of superannuation salary for existing tenured executives who sign an untenured contract. |
19 August 2004 |
Investment Choice introduced This amendment allows Lump Sum Scheme members to have an active role in deciding how the Member Component of their super is invested. The Member Component is made up of the balances of the Member Account and Rollover Account (if any). |
19 August 2004 |
Payment of Superannuation Surcharge tax Lump Sum Scheme members can elect to have part of their lump sum entitlement withheld and used to pay any accrued surcharge debt. |
Please note that these updates cover the period since 30 June 2004. Earlier updates are available in the relevant Annual Reports.