PET - Plain English Taxonomy

Attribute:	BSL19373
Concept:	Superannuation Benefit Liability Members Amount
Label:	Liability for members' benefits
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.
Form-Specifc Guidance:	Report liability for members’ benefits in respect of a PST in item 23.1. Do not complete item 23.2 and item 23.3 in respect of a PST.

Dimensions

Dimension	Member	Description
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.

Dimension

Member

Description

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.