The Defined Benefit account is closed to new members.

Feel good about your super today, knowing you'll receive a defined benefit later

Calculated using a formula

Your retirement benefit is calculated by multiplying a number which reflects both your years of service and your contribution rate (your multiple) with your final salary. Estimate your final benefit.

Not impacted by market movements

With a Defined Benefit account, your employer bears the investment risk so your retirement savings aren't subject to market fluctuations.

Confidence in retirement

Enjoy the benefits of a QSuper Defined Benefit account

A generous scheme

The average QSuper Defined Benefit account member retires with a balance around four times the Australian average.1

No fees

Your Defined Benefit account provides benefits at no direct cost to you.

A secure way to save

The Queensland Government is required to pay your Defined Benefit, so you can enjoy peace of mind knowing you'll receive your super when you retire.

Protecting your future
As a Defined Benefit account member, you automatically receive insurance to protect you and your family

Income protection

If you are temporarily unable to work due to illness or injury, income protection cover can provide you with a regular income for up to two years to help meet your living expenses.2

Total and permanent disability (TPD) cover

If you are unlikely ever to work again due to a total and permanent disablement, TPD cover can pay a benefit to assist with your expenses. If you are deemed TPD under age 55, you have the option to receive a lifetime pension instead of a lump sum.

Death cover

If you die, death cover can keep your loved ones financially secure by providing a benefit. If you have dependent children, they could receive a fortnightly pension.

Learn more about insurance



Retire with a fund you can trust

Turn your Defined Benefit into an income stream

 

Transition to Retirement (TTR) income account

You can transfer part or all of your Defined Benefit to our award-winning TTR Income account if you're still working and have reached your preservation age.3 A TTR Income account can be used to reduce your work hours without reducing your income or as part of a tax strategy in the lead up to retirement.

Find out more
 

Retirement Income account

If you want to turn your super into an income once you stop working, you can transfer your Defined Benefit to our award-winning Retirement Income account. As your money stays invested, your savings can continue to grow. You can also benefit from tax-free investment returns and no tax on payments or withdrawals after you turn 60.

Find out more
Target

Exclusive member seminar

QSuper Defined Benefit members are invited to learn more about how their account works and get answers to some frequently asked questions.

Book now

Find out more

Calculate your final benefit

Learn what happens if you resign or change jobs

Grow your super

Read our Defined Benefit Guide (pdf)


1. APRA reports the average balance of a person aged between 60-64 years old as $159,757 as at financial year 2017-18 in the Annual Superannuation Bulletin issued 22 January 2019. QSuper’s Defined Benefit members aged between 60-65 years old have an average QSuper total balance of $651,561 as at financial year 2017-18. Please note, QSuper’s Defined Benefit members tend to be working in long-serving positions and may have experienced more time in employment than the average Australian. Also, the figures reported by APRA may be lower because Australians can have super in more than one super fund and the APRA figures show an average from each fund, whereas Defined Benefit members are more likely to have more of their super with us due to the long-standing nature of working for the Queensland Government and additional amounts in Accumulation accounts. These figures are provided for illustrative purposes only.
2. This does not apply to Queensland Police Officers and members of the Legislative Assembly.
3. When you transfer funds from a Defined Benefit account to a TTR account, we will reduce your multiple to reflect the amount of funds you transferred out. Refer to the Defined Benefit Guide (pdf) for more information.