The LightYear Docs temporary incapacity income stream (TIIS) enables a member to access an income stream equal to the salary or wages they were earning prior to the temporary incapacity from their member’s accumulation account. However the amount that may be taken from the member’s account is limited to any employer contributions above the employer SGC contributions. A Trustee may be able to pay a TIIS from earnings of the Fund, any insurance payouts or if there is a reserve in the Fund.
► $129.00 (inc GST) – OR provided under your unlimited membership (exc ASIC fee)
► The master document has been signed off by Abbott & Mourly and is congruent with Australian law.