Definitions
Unclaimed superannuation is a superannuation benefit, which has become unclaimed since 1 July 2007 and the following applies.
Where the member:
has reached the eligibility age of 65 years for women and 65 years for men
no contributions have been received or defined benefit accrued for two years
no contact has been made with the member for five years, despite reasonable efforts by the provider.
Or for a non-member spouse:
In cases of a payment split as a result of a determination under the Family Law Act 1975
The non-member spouse (or their legal representative, if they are deceased) is entitled to be paid an amount, and
The superannuation provider, after reasonable efforts and time, is unable to ensure the benefit is received by the non-member or any other person entitled to receive it.
Or, in the case of a deceased member:
The superannuation provider determines that an immediate benefit (other than a pension or annuity) is required to be paid.
No contributions have been received or defined benefits accrued for two years.
The superannuation provider, after reasonable efforts and time, is unable to ensure the benefit is received by the person entitled to receive it.
