Member Investment Choice

The Qantas Superannuation Plan (the Plan) provides members with a choice of investment options – Member Investment Choice (MIC). The returns credited to members’ accounts will reflect the actual net return achieved by the MIC option chosen.

MIC is available to the accumulation accounts of members within Divisions 3A, 5, 6, 7, 8, 9, 10, 11 and 14.

Members in Divisions 2 and 3 have limited access to MIC, while those in Divisions 1, 4 and 12 do not have the ability to use MIC due to the design of their current benefits. This is because any defined benefit component or underpin of a current benefit cannot have MIC applied as it is a benefit based on salary and service. The Company bears the risk of investment returns to fund defined benefit components.

Full details about your MIC Options are contained in the Product Disclosure Statement for your Division, which you can access once you have checked into the Member's Area.

To make changes to your MIC Option, you will need to complete the MIC Option Notification Form.