Home' Army News : November 12th 2009 Contents Why invest in Property?
still the best and most secure investment
loans for property attract the lowest interest rates in the market
the best tax deductions
Investment Property Specialists
M A (Rick) O'Shea JP - Ex RAEME WO2
Managing Director of QPS
One of the wonderful things about Investment Property....
"every morning when the sun comes up, it is still there"
QPS is a proud member of the Property Investment Professionals of Australia (PIPA)
Rick's Military clients have made over twenty three million dollars in capital growth!!
All properties sold at their Real Value
We can assist you to obtain finance -- we make it easy
Our gifts to you -
Three year Rent Protection Plan (RPP3)
Quantity Surveyors Report
1st year Accountants prepared Income Tax Withholding Variation -- putting money back in
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Call QPS today on freecall 1800 155 611.
You don't have to be wealthy to invest...but you do have to invest to be wealthy!
20 Year Reunion
5 Dec 09 at ATW, ARTC Kapooka.
ATW and its forebears were raised 20 years ago.
This important milestone will be celebrated at ATW
Kapooka over the weekend of 5-6 December 09. All
interested personnel who have had a role to play
to date in Adventurous Training or the training of
Adventurous Training Leaders are welcome to attend.
Optional activities will include canoe polo,
bouldering and use of the roping tower. All
equipment other than swimmers and sticky shoes
will be provided.
Limited accommodation is available for current
serving members call 2IC ATW for details on
02 6933 8229.
Indicate your attendance before 20 Nov 09 by
emailing 2IC ATW
Be there, spread the word
and bring your fellow adventurers.
Army November 12, 2009
DEATH and invalidity benefits
have been improved for Military
Superannuation and Benefits
Scheme (MSBS) members.
Defence Personnel, Materiel and
Science Minister Greg Combet said
the Government had decided ben-
efits for death and invalidity pay-
ments would be calculated in line with
changes to the compulsory retirement
age for ADF members.
The ruling will be backdated to
July 1, 2007, when the compulsory
retirement age for the majority of
ADF members rose from 55 to 60.
"This decision will result in an
average increase in death or invalidity
payments for eligible persons of about
20 per cent, depending on their cir-
cumstances," Mr Combet said.
"Benefit payments paid after July
1, 2007 that may have eligibility will
be reviewed as a matter of prior-
ity and, where necessary, adjustments
will be made. Affected parties will be
advised of any change in benefits as
soon as the review has been completed
and any increased benefit amount will
be paid with interest."
He said death and invalidity ben-
efits for members of the Defence
Force Retirement and Death Benefits
Scheme were not affected because they
were based on a percentage of salary
and not linked to age.
SOLDIERS deploying overseas
have been encouraged to put their
minds and that of their families at
ease by ensuring they are aware
of the support available in the
event of their injury or death.
DGPers-A Brig Gerard Fogarty
said Army, Defence and wider
government agencies fully sup-
ported dependants of deceased or
"These organisations work in
a co-operative effort to ensure the
family is given the right founda-
tion to help them through such a
difficult time," Brig Fogarty said.
He said organisations such as
the Veterans Affairs' Department,
ComSuper and the Defence
Community Organisation offered a
wide range of support services and
benefits to assist soldiers and their
These were in addition to the
benefits provided in the ADF Pay
and Conditions Manual.
VETERANS' AFFAIRS DEPT
On disability, members can access:
Pension and incapacity (time off work)
Permanent impairment and non-economic
Rehabilitation assistance (if discharged)
to serving members through the ADF
Aids, appliances and home alterations
Motor vehicle modifications
Attendant care services
Repatriation specific treatment (white card)
On death, member's dependants can access:
Lump-sum death benefit
Additional lump-sum death benefit for
Children's education payments
Repatriation Gold Health Card (free care)
Other compensation entitlements (eg phar-
maceutical and telephone allowances)
Other dependant compensation
On medical discharge members can access:
Superannuation invalidity pension based on
the level of incapacity in relation to appro-
priate civilian employment
Where incapacity is less than 30 per cent:
-- Lump sum or retirement pay depending
on years of service (for DFRDB members)
-- Lump sum and a preserved employer
benefit (for MSBS members)
On death, MSBS member's eligible depend-
ants can access:
Annual pension (taxable, indexed for life),
lump sum or combination of annual pension
(taxable, indexed for life) and lump sum
Lump sum of member contributions and
On death, DFRDB member's eligible depend-
ants can access:
Annual pension (taxable, indexed for life)
An option to commute part of that pension
into a lump sum
Bereavement payment (chap 11, part 3)
Accommodation assistance (chap 7, part 5
and part 6)
Removals and storage (chap 6, part 6)
Pay-in-lieu of accrued annual, long-service
or war-service leave (chap 11, part 3)
Defence Home Ownership Assistance
Scheme (chap 7, part 2A)
Funeral costs (chap 11, part 4)
Floral and non-floral tributes (chap 11,
To obtain more information on what
support and benefits are available to
soldiers and their families, visit:
Veterans' Affairs Department at www.
ComSuper at www.militarysuper.gov.
The Defence Pay and Conditions
Manual at http://www.defence.gov.au/
Defence Community Organisation at
WHERE TO GET HELP
Sure footing: When things get rocky, structures are in place to support families and dependants of dead
or injured soldiers.
Photo by Cpl Guy Young
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