PET - Plain English Taxonomy

Attribute: BSL19396
Concept:
Label: 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. 
Dimensions
Dimension Member Description
(MemberChoice)
This dimension categorises the reported data according to whether a MySuper interest is as a result of member investment choice or no member investment choice (default).
The information reported is in relation to MySuper interest as result of member investment choice where the member exercised choice of investment option to direct (via a direction which is an express investment instruction, a completed application form or a completed member investment choice form) any portion of their interest into the MySuper product.