PET - Plain English Taxonomy

Attribute: PL18669
Concept:
Label: Members' benefits in
Concept Guidance:
This is the value, during the relevant period, for any flows into the regulated superannuation fund that result in increases in the liability for benefits owing to members. 
Dimensions
Dimension Member Description
(MemberContribution)
This dimension categorises the reported data according to the types of movements in members' benefits liability.
The information reported relates to contributions made by a member as defined in the Member Contribution Statement (MCS). This includes non excluded capital gains or capital proceeds and personal injury payments, direct termination payments, other third party contributions (low income super tax offsets and co-contributions and other family and friend contributions as defined in the MCS) and other contributions made by a person other than the employer.
(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.