Depending on your role, this benefit allows you to potentially save on contributions to a managed investment fund, which is structured on a unitised basis. The investment insurance product must be provided by an approved life company and the policy must meet terms and conditions on the Savings/Investment Scheme Declaration. Payments for this benefit are made directly to the savings scheme.
For more information about this benefit and your eligibility criteria, please refer to the Employee Information Booklets and Benefit Item Fact Sheets which can be found here.
How do I claim?
- a copy of a valid tax invoice for one-off or regular claims. If setting up a regular direct payment, this should include details of payments to be made (e.g. weekly, fortnightly, monthly, quarterly) and the regular due date (e.g. 15th of each month)
- proof of payment when claiming reimbursement (e.g. bank/credit card statement, copy of provider’s direct debit confirmation, payment receipt)
- the Savings/Investment Scheme Declaration
- the Non-Salary Packaging Fringe Benefit Declaration if you receive non-salary packaging fringe benefits.