POWERED BY MOMENTUM MEDIA
Longer time-frames for TPD claims
People will have longer to file complaints relating to Total and Permanent Disablement (TPD) claims with the Superannuation Complaints Tribunal (SCT) under changes flowing from the implementation of the former Labor Government's Stronger Super legislation.
The SCT has confirmed that the new time limits will apply with respect to TPD claims made on or after 1 July, this year.
The change effectively sees TPD claim time-frames doubled from two to four years.
The SCT made clear that it was not able to deal with a complaint about a fund trustee's decisions unless a complaint was first made under the fund's own complaint handling arrangements.
"For both sets of time limits, the relevant date is the date your employment is formally terminated, rather than the last day you are able to work," it said.
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