Document ID: chunk:federal_register_of_legislation:F2015L00809:body:0:p10
Version: federal_register_of_legislation:F2015L00809
Segment Type: other
Provision Reference: 
Character Range: 26237–29423

and members who are not defined benefit members.

                                        Report liabilities which cannot practically be allocated to specific members as 'age not available' in item 6. In this case, enter zero in column 2 and the liability value in column 3.

Age bracket                             Represents a segmentation of data based on the age of the member in years.

Age not available                       Represents where the date of birth of a member is not known.

Member account                          Represents a distinct entry recorded in the register of member accounts (or other equivalent mechanism).

Defined contribution members' benefits  Represents the present obligation to pay benefits to defined contribution members and beneficiaries. Reference: Australian Accounting Standards.

Defined benefit members' benefits       Represents the present value of expected future benefit payments to defined benefit members and beneficiaries arising from membership, measured using actuarial assumptions and valuations where appropriate. The concept of defined benefit members' benefits aligns with the concept of 'defined benefit member liabilities' as defined in Australian Accounting Standards.

Unallocated contributions               Represents contributions received but not yet allocated to specific member accounts or reserves. Reference: Australian Accounting Standards.

Membership type segmentation

Item 7 collects information about the membership of the sub-fund or SAF, as appropriate, by type of interest. For a defined benefit RSE, leave item 7 blank.

Reporting basis: report item 7 as at the end of the reporting period.

Unit of measurement: report item 7.1 column 1 to item 7.4.1 column 1 inclusive  as a whole number; report item 7.1 column 2 to item 7.4.1 column 2 inclusive in thousands of dollars.

Item 7                    Report item 7 for each sub-fund or SAF. For a defined benefit RSE leave item 7 blank. This information is reported on Reporting Form SRF 610.0 Membership Profile for each defined benefit RSE.

                          Report the number of member accounts in column 1.

                          Report the value of members' benefits in column 2 as the sum of defined contribution members' benefits (where relevant) and defined benefit members' benefits (where relevant). Do not include unallocated contributions in column 2.

                          Report members with defined benefit interests only in item 7.1 column 1 and column 2. Report the value of defined benefit members' benefits in item 2.1 column 2.

                          Report members with defined contribution interests only in item 7.2 column 1 and column 2. Report the value of defined contribution members' benefits in item 2.2 column 2.

                          Report in relation to members who have both defined benefit interests and defined contribution interests in item 7.3 column 1. Report the value of members' benefits for these members separately in item 7.3.1 column 2 and item 7.3.2 column 2. Report the value of members' benefits of defined benefit interests in item 7.3.1 column 2 as the value of defined