Beneficiaries

To be valid, beneficiaries must be classed as your dependant, or legal personal representative (the executor or administrator of your estate).

A dependant includes:

• Your spouse (married or de facto partner)
• Your children (including step-children and adopted children)
• Anyone wholly or partly financially dependent on you
• Any person you have an interdependency relationship with

You are able to nominate any number of beneficiaries to receive your super benefit. You can split the total payout by choosing the proportion you wish to go to each person.

It’s easy to nominate or update your beneficiaries. Simply download the form below, fill out your choices and return by post.

• Beneficiary nomination form

If you are in Division 3 (the Pension Scheme) or Division 2 (the Lump Sum Scheme), the ElectricSuper Rules determine how your benefit will be paid on your death. Depending on your situation, it may be paid variously to your spouse if you have a spouse, and/or dependent children if you have any, and/or your estate if you have no spouse or children. However, you can still nominate beneficiaries for any lump sum benefits (such as additional voluntary contributions or rollovers).

All other members may nominate a beneficiary or beneficiaries to receive the entirety of their benefit, but there is no obligation to do so.

If, at the time of your death, one or more of your nominated beneficiaries is no longer your dependant (under superannuation law) or one or more of them has died, your nomination will be invalid and the benefit will be paid out at the ElectricSuper Board’s discretion.