Unclaimed Super Monies

Maritime Super is required to pay unclaimed super benefits to the ATO. We will classify your benefits as unclaimed monies if:

  • you have reached age 65
  • we have not received a contribution or rollover to your account (or an accrual to your benefit if you are a defined benefit member) in the last two years; and
  • after five years we have been unable to contact you despite reasonable efforts to do so.

 

We will also classify your benefits on your death as unclaimed monies if:

  • we have not received a contribution or rollover to your account (or an accrual to your benefit if you are a defined benefit member) in the last two years; and
  • we are unable to ensure that your death benefit is received by the person who is entitled to receive the benefit after making reasonable efforts and after a reasonable period of time has passed.

 

In some instances, the benefits of former temporary residents who have left Australia and those of the non-member spouse under a Family Law payment split will also be classified as unclaimed monies and paid to the ATO.

 

We will also pay lost members’ accounts under $4,000* and insoluble lost member accounts (accounts that have been inactive for 12 months where we hold insufficient details to confirm the account owner) to the ATO. Call Member Services to find out more.

 

If you wish to claim benefits that have become unclaimed super monies, visit the ATO’s website at www.ato.gov.au/super or call them on 13 10 20.

 

You need to apply to the relevant state or territory body to claim any of your benefits that became unclaimed super monies before 1 July 2007. If you were a member of the Stevedoring Employees Retirement Fund (SERF), you need to apply to the NSW Office of State Revenue.

 

If you were a member of the Seafarers Retirement Fund (SRF), you need to apply to the Victorian State Revenue Office.

 

* This amount will increase to $6,000 from 31 December 2016.