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NORTHERN TERRITORY TREASURY NT SUPERANNUATION OFFICE Northern Territory Government Death & Invalidity Scheme Amendments.

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Presentation on theme: "NORTHERN TERRITORY TREASURY NT SUPERANNUATION OFFICE Northern Territory Government Death & Invalidity Scheme Amendments."— Presentation transcript:

1 NORTHERN TERRITORY TREASURY NT SUPERANNUATION OFFICE Northern Territory Government Death & Invalidity Scheme Amendments

2 SUPERANNUATION REFORM PROJECT Superannuation Reform Project  improve, modernise, and simplify the NT Public sector superannuation schemes Stage One  NTGDIS new entrant medical requirements  Transition to retirement  review account keeping fees for retained accounts  Trustee board restructure

3 SUPERANNUATION REFORM PROJECT NTGDIS new entrant medical requirements new rules effective 1 April 2010  new employees no longer required to provide medical information  Reduced Benefit Classification certificates no longer issued  no reduction in benefits due to pre-existing medical conditions at time of joining

4 SUPERANNUATION REFORM PROJECT NTGDIS new entrant medical requirements improvements  convenience for new employees  reduced administration  reduced cost to government  better use of medical resources  in line with industry standards for superannuation insurance cover

5 FURTHER INFORMATION NT Superannuation Office Contact details ph: 8901 4200 email: ntsuperannuation@nt.gov.auntsuperannuation@nt.gov.au website: www.nt.gov.au/ntt/superwww.nt.gov.au/ntt/super


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