Product disclosure statement 1 July 2017 Guide 6 Your death and disablement benefits Equip Rio Tinto Fund Employee members 01 About your insurance benefits 02 Eligibility for insurance cover 03 Choosing the right level of insurance 04 Interim accident Insurance 05 Death benefit 06 Total and permanent disablement (TPD) benefit 07 Investment earnings applicable to death and TPD benefits 08 Ill-health benefit 09 Insurance restrictions 10 Cover after you leave your employer 11 Insurance cover options 12 Beneficiaries This document was prepared in june 2017, is effective from 1 July 2017 and forms part of the Product Disclosure Statement of the Equip Rio Tinto Fund. If you are an eligible employee member, the Equip Rio Tinto Fund helps provide you with security for you and your family in the event of your death, terminal illness or total and permanent disablement. Important note: 1) The insurance arrangements described in this guide only apply to employee members of the Accumulation Division. Personal members have different insurance arrangements which are detailed in Guide 7: Your death and disability benefits (personal members). 2) The insurance costs or premiums referred to in this Guide are insurance fees as defined in Guide 4: Fees and costs (employee and personal members). These are additional to the fees and costs shown in Guide 4 and are deducted from your account in the Fund. 01 About your insurance benefits As an eligible employee member of the Equip Rio Tinto Fund and an employee of a Rio Tinto group company or Queensland Alumina Limited (QAL), you are entitled to an insured benefit if you die or if the insurer and Equip deem you are terminally ill, totally and permanently disabled or suffering ill healthˆ. You are covered 24 hours a day, 7 days a week, while you re at work, at home or anywhere else. These benefits are designed to provide you and/ or your dependants with financial assistance should you cease work for reasons of death or total and permanent disablement. Your insurance provider Insurance cover for death, total and permanent disablement and ill healthˆ is provided to members by MLC Limited ( MLC ABN 90 000 000 402, AFSL 230694) from 1 July 2016. The insurance is provided under a policy of insurance issued to the Trustee. If there is any inconsistency between the information in this Guide and the insurance policy, the terms and conditions of the insurance policy will prevail. Equip has the right to change the insurer from time to time. ˆThe ill health benefit only applies to members who commenced membership before 1 January 2014. 02 Eligibility for insurance cover If you meet certain eligibility criteria, you will automatically receive the basic level of insurance cover when you join the Fund, unless you elect otherwise at that time. You can apply for a higher level of cover at any time, which is subject to you providing health evidence to the insurer and the insurer accepting your request. To be eligible for insurance as an employee member you must: be at work * on the date you become eligible for cover. If you are not at work * on this date you will receive limited cover # until you are at work * for sixty (60) consecutive days; be under 65 years of age; be employed by the Rio Tinto group or QAL or a member of the Fund; be nominated for insurance under the insurance policy within 120 days of first becoming eligible for cover or as otherwise agreed with the insurer. For total and permanent disablement (TPD) benefits, you must be engaged in permanent employment or fixed term employment or casual employment. If you have been paid or are entitled to be paid, a TPD benefit or terminal illness benefit from the Fund, including a benefit paid or Equipsuper Pty Ltd ( Equip ) (ABN 64 006 964 049, AFSL 246383) is the Trustee of the Equipsuper Superannuation Fund ( the Fund ) (ABN 33 813 823 017). The information in this Guide forms part of the Product Disclosure Statement (PDS) for members of the Equip Rio Tinto Fund. The Rio Tinto Staff Superannuation Fund transferred into the Fund on 1 July 2017 and is, from that date, a sub-division of the Equip Fund. It is referred to as the Equip Rio Tinto Fund. This Guide is issued by the Trustee and contains a summary only. It is for general information and has been prepared without taking into account your personal objectives, financial situation or needs. You should consider whether this information is appropriate to your personal circumstances before acting on it and, if necessary, you should also seek professional financial advice. Where tax information is included you should consider obtaining personal taxation advice. This Guide was up to date at the time when it was prepared. Some information in this Guide is subject to change from time to time. If a change does not adversely affect you, we may update it by insertion on our website at www.equipsuper.com.au and/or inclusion in the next available edition of our newsletter. Any updated information may be found by logging into the members area of our website or calling our Helpline 1800 687 134. A paper copy of updated information will be given to you without charge on request.
2 payable under the insurance policy to the Fund, prior to the most recent commencement of your cover, any new insurance cover provided to you will be limited cover #. Cover for members transferring from the Rio Tinto Staff Superannuation Fund into the Equip Rio Tinto Fund on 1 July 2017 remains the same. * At work means the person is actively performing, or is capable of actively performing, all of the duties of their usual occupation with the employer for at least 30 hours per week, free from any limitation due to illness or injury. # Limited cover means cover for claims arising from an illness which first became apparent or an injury which first occurred on or after the date you became eligible for cover. 03 Choosing the right level of insurance The Fund allows you to choose from three levels of insurance cover for death and TPD. The levels of cover are basic, medium and top. Upon joining the Fund, all eligible employee members (see previous section) are automatically entitled to the basic level of cover up to $1.5 million, which is the automatic acceptance limit. Any basic cover over $1.5 million will require health evidence before the insurer may agree to provide the additional cover. The cost of the cover is deducted from the member s account. You may, however, wish to select medium or top cover if you think you require higher insurance cover, to a maximum of $5 million for death cover and $3 million for TPD cover. You also have the option to cancel (opt out of) this cover altogether upon joining the Fund or at any later time. If you select medium or top insurance cover on joining the Fund, or you decide to upgrade your level of cover at any time during your membership (regardless of when you joined the Fund), you will be required to complete a personal statement. Additional medical information may still be required by the insurer before assessment of your increased cover can be finalised. These are known as the underwriting procedures. If you select medium or top insurance cover on joining the Fund, your insurance will be restricted to basic cover until such time as all the underwriting procedures have been completed and the insurer has agreed in writing to provide the higher level of cover. However, interim accident insurance cover may apply. See section below. The Insurance cover options section later in this guide illustrates the corresponding insured amounts for the basic, medium and top levels of insurance. The applicable cost of your insurance is deducted from your account monthly. The Fund provides you with the flexibility to tailor your insurances to suit your personal needs, by allowing you to change your level of insurance cover at any time or cancel it altogether. If you cancel your cover, you will cancel both your death and TPD cover. You cannot have death only or TPD only cover. You can apply for cover at any time after cancelling it. To change, cancel or apply for your cover, obtain, complete and return a copy of a Change, cancel or apply for insurance cover Accumulation Division Employee Members form from the Helpline or the Fund website. The insurer and Equip may impose special conditions and restrictions in respect of your benefits on admission to the Fund and at other times. For more details, please refer to Insurance restrictions later in this guide. 04 Interim accident insurance The insurer provides interim accident insurance, at no extra cost, while your application for insurance or increase of insurance is being considered. The insurer will pay the interim accident insurance benefit for a death or TPD claim arising from an accident while you re waiting for your insurance application to be accepted. The insurance amount is the lesser of the amount being applied for and $1 million. You can only receive one benefit under this insurance. Accident means an event where bodily injury is caused directly and solely by external and visible means, independent of all other causes. Interim accident insurance starts the date the insurer receives your properly completed insurance application (including your declaration of health). Your interim accident insurance will end on the earliest of: 90 days after the start of your interim accident insurance when the insurer lets us know your insurance application has or hasn t been accepted when you withdraw your insurance application, or when your insurance cover as an employee member of the Equip Rio Tinto Fund ceases. The insurer won t pay a benefit under this insurance for: an injury occurring before the date you become eligible for cover in the Fund. an injury caused by engaging in hazardous pastimes or sports that the insurer wouldn t insure under their normal assessment guidelines. Also, the insurer won t pay under this insurance if: the insurance applied for would have been declined under the insurer s normal assessment guidelines, or you lodge a claim for an event or condition that would have been excluded in the underwriting process. Parental leave/leave of absence Your insurance benefits may be continued for up to twenty-four (24) months while you are on employer-approved leave of absence or parental leave, providing: immediately prior to commencing the period of leave you do not join the armed forces (excluding Australian Army Reservists not deployed overseas); premiums continue to be paid in respect of your insurance cover; you remain employed by the Rio Tinto group or QAL or remain a member of the Fund. Any benefit payable while on employer approved leave or leave of absence will be based on your cover before commencement of such leave. If you apply to upgrade your cover while on parental leave or during leave of absence you will be required to provide evidence of health to the insurer. If the insurer agrees to provide the additional cover, it will commence when you return to work. Your Rio Tinto group employer or QAL must approve the period of leave in writing prior to the leave commencing and the written approval must be provided to the insurer on request. Your cover will cease if any of the events under the section, When your cover ceases occur before the end of the period of leave.
3 When your cover ceases Your insurance cover will cease at the earliest of the following occurring: cessation of employment; you cease to qualify for insurance under the insurance policy; reaching age 65; commencing service with the armed forces (excluding Australian Army Reservists not deployed overseas); receiving a TPD benefit; receiving a terminal illness benefit which is not less than the amount of your death and/or TPD benefit; death; requesting to opt-out of insurance cover; 60 days after the first day of the first month in which your employer pays your superannuation guarantee contributions to an alternate fund under choice of fund ; you cease to be a contributing member; the date the insurance policy with MLC terminates or is cancelled; and Employer-approved parental leave or leave of absence exceeds 24 months. 05 Death benefit A lump sum death benefit is payable to your dependants or your legal personal representative if you die. The Fund benefit payable is calculated as: Rio Tinto employee members Your account balance plus Your insured amount The insured amount is calculated by multiplying your salary for insurance purposes (i.e. your base salary) at the time of death by an insurance multiple. This multiple will depend on your selected level of cover (i.e. basic, medium or top) and the number of years and complete months of future service you would have had up to age 65. QAL employee members The insured amount is calculated by multiplying your salary for insurance purposes (i.e. your base salary plus, where applicable, your full shift allowances) at the time of death by an insurance multiple. This multiple will depend on your selected level of cover (i.e. basic, medium or top) and the number of years and days of future service you would have had up to age 65. Who receives the death benefit? You may nominate a beneficiary (or beneficiaries) to receive your death benefit. Your nominated beneficiaries must be your dependant and/or a legal personal representative (generally, the executor of your estate). If you nominate more than one beneficiary, you must specify the proportion of your benefit you wish to be paid to each beneficiary. There are two types of nominations available to you. The first is the standard nomination which is not legally binding on Equip. The second type of nomination is a legally binding nomination, which Equip is required to follow. For further information on both types of nominations refer to the Beneficiaries section of this guide. Terminal illness You are entitled to an insured amount while you are an employee member if you are diagnosed with a terminal illness which, in the insurer s opinion after consideration of medical evidence, would reasonably be expected to reduce your life expectancy to less than twenty-four (24) months. The medical evidence must be in the form of a certification from two registered medical practitioners (at least one of whom is a specialist practicing in an area related to the illness or injury suffered by you). Your terminal illness insured amount is an advance of the death insured amount, which will be the lesser of: your death insured amount; or $3 million If a member subsequently dies or becomes TPD while an employee member and the terminal illness benefit has been paid, then the death or TPD insured amount (which have a maximum of $5 million and $3 million respectively) will be reduced by the terminal illness insurance benefit already paid. In essence, the terminal illness insurance benefit is considered an advance payment of a death benefit. You can also have your account balance, excluding $5,000, paid to you in the event of terminal illness. 06 Total and permanent disablement (TPD) benefit The Fund benefit payable in the event of TPD is calculated as: Your account balance plus Your insured amount The insured amount is calculated in the same manner as for the Fund death benefit but at the later of the date you cease all work solely as a result of injury or illness and the date on which you attend a doctor in relation to the injury or illness that is the cause of your TPD. To be eligible to receive a TPD benefit you must be an employee of the Rio Tinto group or QAL and an eligible employee member of the Equip Rio Tinto Fund (see Eligibility for insurance cover section on page 2). Your claim must, in the opinion of the insurer and Equip, satisfy the policy s definition of TPD. Total and permanent disablement means in relation to a member having been absent from all work with the employer through illness or injury for six (6) consecutive months or such shorter period as the insurer considers appropriate and at the end of that period such illness or injury being, in the opinion of the insurer, after consideration of medical and other relevant evidence, sufficiently serious to render the member unlikely to ever resume work in or attend to any gainful profession or occupation for which he or she is reasonably qualified by education, training or experience. For the purpose of this definition medical and other relevant evidence includes, but is not limited to the prospect of improvement in the member s capacity after treatment and rehabilitation that could reasonably be expected to be undertaken by the member. Please note that your TPD benefit is not subject to preservation.
4 07 Investment earnings applicable to death and TPD benefits As explained above, your death and TPD benefit is calculated as your account balance plus your insured amount. In the event of your death, your account balance will be calculated based on the latest sell unit price for your chosen investment option(s) as at the date the Fund administrator is advised of your death (less any surcharge account). At this time, your account balance will then be moved into the Fund s Cash option and will be updated with the net investment return achieved by the Fund s Cash investments to the date of payment. Equip adopts this approach in order to ensure as far as possible that the benefit is not subsequently reduced by short-term negative investment returns from the occurrence of death until the date of payment. In the event of your total and permanent disablement, your account balance will remain invested normally until the date of payment (i.e. net investment returns both positive and negative, will continue to be applied to your account via daily unit prices and your surcharge account will continue to accrue interest at the usual rate). In the event of your death (including terminal illness) or total and permanent disablement, your insured amount will generally be updated with investment earnings from the date the Fund receives the insured amount from the insurer to the date of payment at the net investment return achieved by the Fund s Cash investment option. Equip adopts this approach in order to ensure as far as possible that the insured component of the benefit is not subsequently reduced by short-term negative returns from the date of receipt by the Fund until the date of payment. 08 Ill-health benefit If you joined the Equip Rio Tinto Fund as an eligible employee member employed by the Rio Tinto group before 1 January 2014, you may be eligible to receive an ill-health benefit. The ill-health benefit is calculated as your account balance plus half of your death and TPD insured amount: Your account balance plus Your death and TPD insured amount x 50% Ill health means in relation to a member s physical or mental ill health (not amounting to a total and permanent disablement) caused through illness, infirmity or accident, which, in the insurer s opinion after reasonable consulation with the employer and after consideration of medical and other relevant evidence, renders the member, at the end of the period of six months absence from employment with the employer or for such shorter period the insurer considers appropriate, unable to perform: his / her normal duties for the employer before he / she ceases normal active employment with the employer; and the duties of any other position with the employer which the insurer considers him / her to be reasonably suited and which are available. For the purpose of this definition medical and other relevant evidence includes, but is not limited to the prospect of improvement in the insured member s capacity after treatment and rehabilitiation that could reasonably be expected to be undertaken by the insured member. Please note that all or part of your ill-health benefit may be subject to preservation in accordance with superannuation law. Your annual benefit statement will advise you of the portion of your account that must be preserved. 09 Insurance restrictions If you select medium or top insurance cover on joining the Fund, or you decide to upgrade your level of cover at any time during your membership (regardless of when you joined the Fund) or you wish to apply for cover after cancelling it, you will be required to complete a personal statement. Following this, additional medical information may be required before the insurer s assessment of your increased cover can be finalised. As a result of these underwriting procedures, the insured amount of your benefits may be subject to exclusions and/or restrictions. If you decide to join the Fund as an eligible employee member after previously exercising Choice of Fund, you will automatically be provided with cover equal to basic cover on a limited cover basis for two years, after which time full basic cover will be provided. Limited cover means claims arising from an illness which first became apparent or an injury which first occurred after the member became eligible for cover. If you would like cover at the full Basic level before two years, you will be required to complete a personal statement. Additional medical information may still be required by the insurer before assessment of your increased cover can be finalised. Special conditions may be imposed for any cover over Limited Cover. Your benefits may also be adjusted by the insurer and Equip if you do not provide information as required or you provide incorrect or misleading information which may prejudice your entitlement to benefits. 10 Cover after you leave your employer Any insurance cover you have with the Fund ceases from the date you cease employment with a Rio Tinto group employer or QAL. However, if you become a member of the Personal Division and you are under age 56 and are eligible for cover, you are automatically entitled to a fixed amount of death and TPD cover in the Personal Division depending on your age. For more information about this cover, see Guide 7: Your death and disability benefits (personal members). Please consider your insurance needs carefully when reviewing your options. You may like to discuss this with a licensed or appropriately authorised financial adviser. Payments may take time to be finalised The assessment of a TPD claim involves the collection of medical and other evidence. This may mean that a decision is not made until some months after you last worked. In some cases it may take even longer. The insurer and Equip must collect and analyse all relevant information and comply with various legal requirements in relation to the payment of death payments. While every effort is made to make these payments quickly, due to the processes involved there may be a significant period of time between the date of death and the time a payment is made.
5 11 Insurance cover options The table on this page shows the cost of cover per $1,000 of cover. Your insured amount for death and TPD cover is calculated by multiplying your base salary (for superannuation purposes as advised by your employer) if you are a Rio Tinto employee, or your salary (for superannuation insurance purposes as advised by your employer) if you are a QAL employee, at time of death/tpd by an insurance multiple. Depending on your selected level of cover, your insurance multiple is calculated as: Basic cover = 10% x the number of years and complete months* until you turn age 65. Medium cover (1.5 times basic cover) = 15% x the number of years and complete months* until you turn age 65. Top cover (2.0 times basic cover) = 20% x the number of years and complete months* until you turn age 65. The example on the next page shows the insurance multiples for basic, medium and top cover depending on your age and the cost of increasing your cover from basic to medium or medium to top cover. * If you are a QAL employee member, cover is calculated using number of years and days until you turn age 65. Annual premium per $1,000 of cover based on age next birthday Age next birthday Death rate TPD rate Combined Dth/TPD Ill health 16 0.75 0.42 1.17 0.10 17 0.80 0.37 1.17 0.10 18 0.85 0.32 1.17 0.10 19 0.89 0.28 1.17 0.10 20 0.91 0.26 1.17 0.10 21 0.91 0.26 1.17 0.10 22 0.94 0.25 1.19 0.10 23 0.84 0.23 1.07 0.10 24 0.77 0.23 1.00 0.11 25 0.68 0.23 0.91 0.13 26 0.63 0.28 0.91 0.15 27 0.62 0.30 0.92 0.17 28 0.60 0.32 0.92 0.18 29 0.58 0.35 0.93 0.20 30 0.58 0.39 0.97 0.22 31 0.60 0.44 1.04 0.25 32 0.58 0.49 1.07 0.28 33 0.58 0.56 1.14 0.32 34 0.56 0.63 1.19 0.36 35 0.58 0.68 1.26 0.41 36 0.58 0.79 1.37 0.46 37 0.60 0.88 1.48 0.52 38 0.63 0.98 1.61 0.58 39 0.68 1.10 1.78 0.64 40 0.73 1.26 1.99 0.71 41 0.82 1.40 2.22 0.78 42 0.92 1.56 2.48 0.86 43 1.06 1.77 2.83 0.94 44 1.21 1.98 3.19 1.03 45 1.37 2.22 3.59 1.13 46 1.55 2.52 4.07 1.25 47 1.76 2.87 4.62 1.39 48 1.96 3.29 5.25 1.57 49 2.22 3.78 6.00 1.79 50 2.46 4.38 6.84 2.06 51 2.75 5.11 7.86 2.38 52 3.08 5.94 9.02 2.75 53 3.43 6.90 10.33 3.16 54 3.81 7.92 11.73 3.61 55 4.27 9.12 13.39 4.10 56 4.84 10.47 15.31 4.61 57 5.50 12.01 17.51 5.15 58 6.27 13.71 19.98 5.71 59 7.16 15.67 22.83 6.29 60 8.20 17.93 26.13 6.92 61 9.36 20.38 29.74 7.59 62 10.71 23.24 33.95 8.33 63 12.25 26.55 38.80 9.17 64 13.91 30.33 44.24 10.15 65 15.63 34.62 50.25 11.32
6 An example Tim is aged exactly 35 years and his superannuation salary for insurance purposes as advised by his employer is $100,000. As shown below, Tim s insurance multiple ranges from 3.0 to 6.0, depending on the level of cover he chooses. Level of cover Insurance multiple for death or TPD cover Annual premium per $1,000 of death or TPD cover Basic 3.0 $1.37 Medium 4.5 $1.37 Top 6.0 $1.37 Depending on the level of cover chosen by Tim, the amount and cost of this cover can be calculated as follows: Level of cover Death & TPD insured amount Calculation of annual premium for death, and TPD cover Annual premium to Tim for death and TPD cover Basic Medium Top $300,000 (3.0 x $100,000) $450,000 (4.5 x $100,000) $600,000 (6.0 x $100,000) $300,000 x 1.37/$1,000 $411.00 $450,000 x 1.37/$1,000 $616.50 $600,000 x 1.37/$1,000 $822.00 Important Information You will need to complete the personal statement and any other assessment requirements if you want to increase your current death and TPD cover. The cost of the insurance cover will change each year depending upon the insured amount, your age and the premium rates applying. These insurance cover options apply specifically to eligible employee members of the Fund s Accumulation Division. Different arrangements apply to personal members of the Accumulation Division. Personal members should refer to Guide 7: Your death and disability benefits (personal members). 12 Beneficiaries For the sake of your family, it s important that the Fund has a record of your wishes as to who you d like to receive your super benefit if you die while you re a member. If you die while you re a member of the Fund, your benefit will be paid: 1. If you have made a valid binding nomination that is valid at the time of your death, in accordance with that nomination; or 2. In the absence of a valid binding nomination, to any one or more of your dependants and/or your legal personal representative in any proportion determined by Equip after taking into account the circumstances that exist at the time of your death. In these circumstances a non-binding nomination will assist Equip in exercising its discretion, by indicating your preference as to who should receive the Fund benefit. How you can make a nomination You may nominate who you would like to receive your benefit in one of two ways. Option 1 Non-binding nomination You can nominate who you would prefer to receive your benefit in the event of your death. This is an indication of your preferences only, and pertains to the distribution of your benefit in the event you do not make a binding death benefit nomination. Equip will not be legally bound by your wishes but will take them into account. Making or changing your non-binding nomination To let Equip know your wishes, you can make a non-binding nomination, or change your nomination at any time either through the Fund website or by completing and returning a Making a non-binding death benefit nomination form, available from the website or by calling the Helpline for a copy. Option 2 Binding nomination You can nominate one or more of your dependants or a legal personal representative that you direct Equip to pay your benefit to, and in what proportions, by making a binding death benefit nomination. You can make a binding death benefit nomination that Equip will be bound to follow in the event of your death, unless it is invalid or is no longer in effect, by completing and returning a Making a binding death benefit nomination form.
A binding death benefit nomination will be invalid if: it is not made using the Making a binding death benefit nomination form (the Form); or the Form has not been properly completed in accordance with the relevant legal requirements which are specified on the Form (for example, the nominated proportions are not clear or do not equal 100%, or the Form has not been signed and witnessed correctly); or at the time of your death, one or more of the persons nominated by you in the Form has died or is not your dependant or legal personal representative (such as if you remarry after making the nomination in favour of your former spouse); or you were legally incapable of making the nomination; or Equip is legally restrained or prohibited from paying your super benefit to one or more of the persons nominated by you in the Form. A binding death benefit nomination will cease to have effect if: three years has passed from the day you signed the Making a binding death benefit nomination form or last re-confirmed that nomination; or you have revoked the nomination; or Equip is prevented from making payment in accordance with your binding death benefit nomination due to the operation of the Family Law Act 1975; or you are subject to a Family Court Order that prevents you from making a binding death benefit nomination or that requires you to revoke an otherwise valid binding death benefit nomination. Making, changing, revoking or re-confirming your binding nomination If you wish to make a binding death benefit nomination, or amend or revoke an existing binding death benefit nomination, please call the Helpline or visit the website for the Making a binding death benefit nomination form, which contains full instructions on how to complete it. If you wish to re-confirm your existing binding death benefit nomination to continue for another three years, you can do this by calling the Helpline for the necessary form to complete and return. Note: If you were an employee member whose membership is being continued as a personal member, this is simply a continuation of your membership and so your nominated beneficiaries (if any) will remain the same unless and until you make a new nomination or your existing nomination ceases to be valid. Who you can nominate When making a non-binding nomination or a binding nomination you have the choice of nominating one or more of your dependants and your legal personal representative (your estate). Your dependants can include: your spouse* (this includes de facto and same-sex partners) your children including step-children, adopted children and your spouse s children any other person who Equip considers is wholly or partially dependent on you, and any other person with whom you have an interdependency relationship. This may occur where you have a close personal relationship with another person (whether or not related by family) and: you and that other person live together you, the other person, or both of you provide the other with financial support, and you, the other person, or both of you provide the other with domestic support and personal care. It may also occur where you have a close personal relationship with another person but due to a disability the other criteria of interdependency cannot be met. As mentioned previously, you can also nominate your legal personal representative (your estate). If your legal personal representative receives your benefit, it will be distributed according to your will, or if you don t have a will, according to the laws of the State in which you resided at the date of your death. If you don t have any dependants or a legal personal representative, Equip has the discretion to pay your super benefit to any natural person allowed by the law. Definition of spouse The Fund s Trust Deed defines a person s spouse as: a) another person who is legally married to the person (or in the case of a deceased person was legally married to them at the time of their death), b) another person (whether of the same or a different sex) with whom the person is in a relationship that is registered under a prescribed law* as a prescribed kind of relationship (or in the case of a deceased person was in such a registered relationship at the time of the person s death), and c) another person who, although not legally married to the person, lives with the person on a genuine domestic basis in a relationship as a couple for the purposes of the SIS Act (or in the case of a deceased person was in such a relationship at the time of the person s death). * For this purpose, prescribed law means a law of a State or Territory prescribed for the purposes of section 2E of the Acts Interpretation Act 1901 (Cth). Equipsuper Superannuation Fund ABN 33 813 823 017 USI 33813823017501 SPIN EPL0100AU Head office Level 12, 330 Collins Street Melbourne VIC 3000 Member Services Representatives Helpline: 1800 687 134 Email: www.equipsuper.com.au/riotinto and select contact us Equipsuper Pty Ltd ABN 64 006 964 049 AFSL 246383 Mail Equipsuper Pty Ltd GPO Box 4303, Melbourne VIC 3001 www.equipsuper.com.au/riotinto Publication No: ESP_RT_GD6_0617