What happens to your super if you die?

What if something happens to you?

You can make a non-binding or a binding nomination for your beneficiaries to receive your benefit if you die.

Nominate a Beneficiary

It is important that you consider who you would like to nominate as a beneficiary of your superannuation in the event of your death. QIEC Super asks that you nominate a beneficiary on joining the Fund.

A preferred or non-binding nomination of beneficiary is NOT BINDING upon the Trustee of the Fund, however, the Trustee will refer to your nomination of beneficiary and your will in determining to whom your benefits will be paid in the event of your death. You may change your preferred beneficiary at any time by completing the Change of details form located at the back of the current Annual Report & Member Handbook.

You may also make a BINDING nomination of beneficiary. A binding nomination of beneficiary is binding upon the Trustee of the Fund (i.e. the Trustee has no discretion as to whom your benefit is paid) providing the binding nomination is valid.

For a binding nomination to be valid the beneficiary must be a dependant (spouse, de facto, child, financial dependant, interdependent person) or legal personal representative (executor or administrator of your estate), your nomination must be signed by 2 witnesses who are not beneficiaries, and your nomination must have been made or affirmed within the past 3 years.

There are rules surrounding who your beneficiaries can be and the role QIEC Super plays to ensure your benefit goes to the right people.

If you have any questions, please call QIEC Super Administration.