How the Military Superannuation and Benefits Scheme worksHow the Military Superannuation and Benefits Scheme works
The Military Superannuation and Benefits Scheme, also called MSBS or MilitarySuper, is a hybrid scheme combining accumulation and defined benefit components. Your member benefit and any ancillary benefit depend on contributions and investment performance, while your employer benefit is calculated using a formula. The scheme opened on 1 October 1991 and closed to new members