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Closed public sector scheme

Retirement Benefits Fund

RBF retains defined benefit and pension arrangements for eligible Tasmanian public sector members.

THE OVERVIEW

About Retirement Benefits Fund

The contributory scheme generally excludes employees appointed from 15 May 1999. Earlier service and continuing membership can determine which rights remain available.

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Who can join

Existing members, preserved members and eligible pensioners should check their particular membership category.

Visit the official website

THE SUPERGURU VIEW

Our take

Editorial assessment

A remaining right to an RBF pension can be the most important part of an account. Ask for written confirmation of what would survive a withdrawal or transfer before comparing the balance with another fund.

Who this profile is for

  • Existing Tasmanian RBF members weighing preservation, a lump sum or an eligible pension.

What deserves a closer look

  • This is not a fund open to the general public.
  • Historical pension terms should not be assumed to apply to every member.

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Based on the cited product features. These are general reasons to investigate the fund, not a personal recommendation. Supporting sources.

THE NUMBERS

Fees and investment returns

Use the product, investment option and employer plan on your statement. Lifecycle members need to choose the relevant stage. APRA's investment pathways may include closed options held by existing members.

No investment pathway has been matched to this profile in the June 2026 APRA package. Read the fee and performance notes below and use the fund's current documents. Absence from this dataset is not a performance-test failure.

Source: APRA Comprehensive Product Performance Package 2026, published 28 August 2026. Fees reflect the reporting year to 30 June 2026, are net of tax, use standard arrangements and exclude member-activity fees. Dollar figures are rounded. They are not a current quote. Check the latest PDS for changes, insurance premiums and any separately charged advice.

Returns are annualised historical results. Different return bases, risk levels and periods cannot be treated as interchangeable. MySuper net returns use a $50,000 representative balance even when you change the fee balance. A lifecycle stage return does not track a person moving between stages. Missing figures mean not reported, not zero. Past returns do not predict future returns. Read our method and APRA's definitions.

A CLOSER LOOK

Inside Retirement Benefits Fund

Accounts and products

Tasmania's RBF Contributory Scheme and eligible life pensions.

RBF Contributory Scheme

Eligible RBF Life Pension

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Retirement income

RBF life pension eligibility and conversion terms depend on membership history. Some withdrawals can remove access to particular pension conversion terms.

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Comparing investment performance

A pension estimate and survivor-benefit terms are more informative than a generic accumulation return.

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Sources for Retirement Benefits Fund

Checked 2026-09-11. Documents and product terms can change after this date.

  1. Tasmanian legislation, continuing closure of contributory scheme
  2. RBF definitions and pension conversion restrictions
  3. RBF pension eligibility and fund ABN