Understanding the costs
The Contributions and Benefits of our membership.
Base Rates and Loading
Base Rates apply to members who join the Fund before age 41.
Base Rates for 2026/27 (including GST)
| Present Age | Max Cover | Rate per $1000 | Annual Contribution | Present Age | Max Cover | Rate per $1000 | Annual Contribution | |
|---|---|---|---|---|---|---|---|---|
| 18 | $1,200,000 | $3.15 | $3,780.00 | 42 | $1,200,000 | $4.35 | $5,220.00 | |
| 19 | $1,200,000 | $3.15 | $3,780.00 | 43 | $1,200,000 | $4.40 | $5,280.00 | |
| 20 | $1,200,000 | $3.15 | $3,780.00 | 44 | $1,200,000 | $4.45 | $5,340.00 | |
| 21 | $1,200,000 | $3.15 | $3,780.00 | 45 | $1,200,000 | $4.50 | $5,400.00 | |
| 22 | $1,200,000 | $3.15 | $3,780.00 | 46 | $1,200,000 | $4.65 | $5,580.00 | |
| 23 | $1,200,000 | $3.15 | $3,780.00 | 47 | $1,200,000 | $4.80 | $5,760.00 | |
| 24 | $1,200,000 | $3.15 | $3,780.00 | 48 | $1,200,000 | $4.95 | $5,940.00 | |
| 25 | $1,200,000 | $3.15 | $3,780.00 | 49 | $1,200,000 | $5.20 | $6,240.00 | |
| 26 | $1,200,000 | $3.15 | $3,780.00 | 50 | $1,080,000 | $5.50 | $6,940.00 | |
| 27 | $1,200,000 | $3.20 | $3,840.00 | 51 | $1,080,000 | $5.80 | $6,264.00 | |
| 28 | $1,200,000 | $3.20 | $3,840.00 | 52 | $990,000 | $6.10 | $6,039.00 | |
| 29 | $1,200,000 | $3.20 | $3,840.00 | 53 | $930,000 | $6.40 | $5,952.00 | |
| 30 | $1,200,000 | $3.20 | $3,840.00 | 54 | $930,000 | $6.70 | $6,231.00 | |
| 31 | $1,200,000 | $3.35 | $4,020.00 | 55 | $930,000 | $7.05 | $6,656.50 | |
| 32 | $1,200,000 | $3.38 | $4,056.00 | 56 | $850,000 | $7.35 | $6,247.50 | |
| 33 | $1,200,000 | $3.42 | $4,104.00 | 57 | $850,000 | $7.70 | $6,545.00 | |
| 34 | $1,200,000 | $3.45 | $4,140.00 | 58 | $850,000 | $8.20 | $6,970.00 | |
| 35 | $1,200,000 | $3.50 | $4,200.00 | 59 | $730,000 | $8.70 | $6,351.00 | |
| 36 | $1,200,000 | $3.60 | $4,320.00 | 60 | $640,000 | $9.30 | $5,952.00 | |
| 37 | $1,200,000 | $3.65 | $4,380.00 | 61 | $640,000 | $9.90 | $6,336.00 | |
| 38 | $1,200,000 | $3.70 | $4,440.00 | 62 | $580,000 | $10.60 | $6,148.00 | |
| 39 | $1,200,000 | $3.75 | $4,500.00 | 63 | $580,000 | $11.30 | $6,554.00 | |
| 40 | $1,200,000 | $4.00 | $4,800.00 | 64 | $580,000 | $12.20 | $7,076.00 | |
| 41 | $1,200,000 | $4.20 | $5,040.00 |
Joining 41-55 – loading percentage
Applicants who join from age 41 to age 55 will pay a percentage loading of 10.5% for each year of joining after age 40, The loading will be calculated based on their age at joining by multiplying the number of years after age 40 (e.g. joining at age 45 is 5 x 10.5% = 52.50% loading) and applied on top of the ‘Rate per $1,000’ above.
Additional Death Benefit
The lump sum starts at $150,000 and increases $10,000 for each year of membership to a maximum of $400,000. The Death Benefit payable shall not in value exceed the amount of the Nominated Capital Benefit. In the event of death, benefits payable includes the Nominated Capital Benefit and the Death Benefit assigned to you.
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