Defined Benefit Division (DBD) Explained

If you are offered full super membership (DBD/Accumulation 2) you will automatically become a DBD member.  Flinders University will contribute 14% into DBD and 3% to Accumulation 1.  Within the first 24 months of membership you will have the option to transfer to Accumulation 2.  Information is available in the fact sheet Choosing a style of super that suits you.

For further information please visit UniSuper's DBD 

 

Accumulation 2 Explained

If you have opted for Accumulation 2 membership you have the option to choose how your superannuation is invested.  If you decide not to make a choice the investment will default to the Balanced option.

For further information please visit UniSuper's Accumulation2

 

Accumulation 1 Explained

The Super Guarantee Contribution (SGC) paid by your employer will be directed to Accumulation 1.  Any voluntary contribution to superannuation and any superannuation rolled over from another fund will also be directed to Accumulation 1.  As with Accumulation 2 you have the option to choose how your superannuation is invested.

For further information please visit UniSuper's Accumulation1