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Showing 1 - 2 of 2 results for "Final Average Salary"

Telstra offers incentives to switch DB members to accumulation

MARK SMITH  |  THURSDAY, 17 JUL 2014
... the switch which will vary depending on their circumstances. These include a favourable adjustment to the Final Average Salary (FAS) calculation, additional take-home pay and increased superannuation contributions for a period of time if they transfer ...

Strong returns put UniSuper back in the black

ALEX DUNNIN  |  TUESDAY, 6 AUG 2013
... the solvency ratio they have nonetheless advised that from 1 January 2015 they will be adjusting how the 'final average salary' (FAS) is determined at a member's retirement. The FAS is used to calculate the member's retirement and pension entitlements. ...
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