Issue

How do I create a Death Benefit pension when the deceased member is outside the SMSF?

Resolution

Navigate to Fund Level > Transactions > Member Income > Rollover in

1. Record the Cash receipt from the death benefit
   
   

The preservation component should be 100% Unrestricted Non-Preserved.

Navigate to Fund Level > Members > Browse Members

1. Click on Add New Pension Account
2. Select the Beneficiary from drop-down list to Member
3. Select the relevant Pension Type
4. Enter the Account Name
5. Enter the Date of Death (also should be the Rollover In date) into the Start Date field
   
   
6. Click on Activate
7. From the Pension detail page, click on Establish this Pension Account
8. From the pop-up screen, select "Withdrawal Of Unrestricted Amount" as the Condition of Release.
   
   

For beneficiary who has not met the full condition of release

1. Class will populate the amount sitting under Unrestricted Non-preserved Amount into the Establishment Balance tab
2. Click on Save

Beneficiary has already met the full condition of release

1. Choose "Partial" in the Payment Type field
2. Click on Next button
3. Enter the Rollover In Amount into the "Payment Amount" Field
4. Click on Save