Employee banking benefits
1800 054 000
The fund uses these documents (and additional documents in some cases) to determine whether a reversionary pension is payable to the officer’s spouse/partner and/or any dependent children.
Note: In many cases, a death certificate may not be immediately available. You can return the other completed documents to the fund and then send the death certificate in due course. A reversionary pension (if applicable) cannot begin until a death certificate is received, but payments may be backdated at that time
For more information about pension entitlements or Commonwealth Bank Group Super, you can contact the fund on:
Upon the death of your spouse/partner, you may find it necessary to obtain financial advice. Commonwealth Financial Planning (representatives of Commonwealth Financial Planning Limited ABN 65 003 900 169 AFSL231139, a wholly owned but non-guaranteed subsidiary of the Bank) would be happy to provide assistance. Please do not hesitate to contact your local branch, or arrange a no obligation appointment through Our Branch Employee Banking on 1800 054 000.
Spouse/partners of retired staff members may continue their membership with the CBHS Health Fund in the event of the death of their partner. CBHS can be contacted on 1300 654 123 to arrange this.
The funeral account becomes the first claim on an estate. Should the account be held in the name of the deceased only the Bank can pay the account (on production of the funeral account) direct to the funeral director.
Many of you may give consideration to granting an enduring power of attorney in the event of not being able to manage one's affairs. This is, of course, for each individual to assess.
Some retired staff have an entitlement payable from this fund which is operated through the Finance Sector Union (FSU), known to many of you as the CBOA. Current benefit is approx $1500. This benefit would apply to those who, upon retirement prior to around 1988, paid an additional amount to the Union to provide them with mortuary cover. Many have cover on both themselves and spouse/partner. Please contact the Finance Sector Union on 1300 366 378 to confirm if you are entitled to the Mortuary Benefit. Ensure your partner is aware of this benefit if you are entitled to it.
This form is designed to record personal and important information such as details of accounts, location of will, your executor, property deeds, investments etc in the event of incapacity or death. It is advisable to keep this information up to date as situations can change. I would also suggest that your next of kin or executor is aware of its location.
