PET - Plain English Taxonomy

Attribute:	BSAO17451
Concept:	Superannuation Benefit Liability Members Amount
Label:	Members Benefit
Concept Guidance:	This is the value, as at the relevant date, of liability for members' benefits. This represents the present obligation to beneficiaries for benefits they are entitled to receive in the future as a result of membership of the Registrable Superannuation Entity in accordance with the relevant accounting standards.

Dimensions

Dimension	Member	Description
BenefitTypeDimension	(VestedBenefit)	This dimension categorises the reported data according to information based on the type of benefit applicable. The information reported is in relation to the benefit payable to a member if the member voluntarily terminated service with their employer and/or withdrew membership from the fund. This includes allowances for any options the member could exercise where the option is consistent with the funding calculation.
CalculationBasisScenarioDimension	(Estimate)	The calculation basis on which values are reported. The reported value is an estimate.
SuperannuationMemberInterestTypeDimension	(DefinedBenefit)	This dimension classifies information based on the members' interest type. The information reported relates to members' interest classified as defined benefit interest or a defined benefit pension. This represents interests that are pre defined based on a formula using factors such as salary history and duration of employment. Investment risk and portfolio management are entirely under the control of the company.