Currently, eligible defined benefit members on approved leave without pay (LWOP) continue to accrue their APSS Defined Benefit at the salary rate that applied immediately prior to the period of approved leave, up to a maximum period of 12 months.
From 1 July 2014, Australia Post has reduced this accrual period during approved LWOP from 12 months to 28 days.
Furthermore, from 1 July 2014, Defined Benefit accruals for eligible defined benefit members on approved periods of maternity, paternity or adoption leave will be capped at 12 months in total, inclusive of any paid or unpaid periods.
The current 12 month defined benefit accrual period will continue to apply during approved LWOP periods that commenced prior to 1 July 2014, even if the period ends after 1 July 2014.
Australia Post has advised its employees that these changes will not impact APSS defined benefit members who take approved LWOP due to illness, even if their leave period commences on or after 1 July 2014.
The APSS will continue to provide Death and Total Permanent Disablement (TPD) cover for up to 12 months of approved LWOP for members eligible for 14.3 % Defined Benefits. (SG members are provided with death cover only.)
The changes do not apply to the CSS membership category.