Once a year, plan members receive a benefit statement through their employer that describes their status in the plan. The statement gives many details including: normal retirement date early retirement date an estimate of the amount of a plan member's pension benefit at the statement date, assuming they are already eligible survivor pension entitlement credited pensionable service accumulated contributions in the plan (including interest), and balance owing on purchase of service contracts.
A report to members of a superannuation fund, from the manager or trustees, advising them of details of their accumulated and future benefits in a fund.
A statement from the trustee that must be sent to members of a superannuation fund or Approved Deposit Fund on an annual basis which advises details of the member's entitlements including a summary of the member's account balance.
An annual statement, or estimate of benefits, that may be payable in respect of an individual's membership of a pension scheme.
An update on accumulated and future benefits sent to members of a superannuation fund, from the manager or trustees.