A member of a superannuation fund can leave the fund but retain a right to all accrued benefits in the case of a:

Question

Quizplus · Accepted Answer

A vested benefits fund allows members to leave the fund but retain their accrued benefits. A self-managed fund may allow a member to leave, but the member would need to transfer their benefits out of the fund. A contributory fund requires ongoing contributions to maintain membership, so leaving the fund would typically result in a loss of benefits.

A Member of a Superannuation Fund Can Leave the Fund