Accessibility Options

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ISO 9001:2015 CERTIFIED
  • MEMBER PORTAL

    • Benefits on Resignation

    Understanding your options when leaving service before early retirement age

    Overview

    When a member chooses to leave the service before attaining Early Retirement Age, they are presented with several options for managing their benefits. Each option is designed to provide flexibility while ensuring the member's financial security.

    Available Options

    Deferred Pension

    Receive 100% of both employee's and employer's portions of the Accumulated Credit upon attaining retirement age.

    Full benefits preserved until retirement

    Partial Cash Withdrawal

    Take 50% of the Total Accumulated Credit in cash, while MURBS retains the balance until retirement age.

    Immediate access to 50% of benefits

    Scheme Transfer

    Transfer 100% of the Total Accumulated Credit to another RBA-recognized scheme.

    Full transfer to another approved scheme

    Important Information

    No Immediate Decision Required

    Members are not required to make an immediate decision about their benefits. If undecided at the time of leaving, members can request the Trustees to retain their benefits in the Scheme. These amounts will continue to earn interest on the same basis as the Member Accounts of Active Members.