When leaving the ADF, it is important to be aware of your superannuation fund and what options you have available for your super.
If you are starting a new job and don’t choose a super fund with your new employer, your employer may contact the Australian Taxation Office (ATO) to request details of an existing super account of yours to pay your super into (known as a stapled super fund). This simply means your super fund can follow you when you change jobs, helping to reduce the likelihood of you having multiple funds and paying multiple fees.
Note this does not apply to the defined benefit schemes Military Superannuation and Benefits and Defence Force Retirement and Death Benefits Scheme, please contact Commonwealth Superannuation Corporation (CSC) to discuss your options if you are a member of either of these funds.
Your superannuation entitlements are dependent on your individual circumstances, and you will need to seek financial advice tailored to your individual circumstances.