Treasury & financeStatutory authority
Defence Forces Retirement Benefits Board
DFRB Board
1948 – 1 October 1972
Board that managed the Defence Forces Retirement Benefits (DFRB) Fund and paid retirement, invalidity and widows' pensions to members of the permanent Navy, Army and Air Force.
How it came into existence
Established under the Defence Forces Retirement Benefits Act 1948, which created a contributory retirement benefits scheme for members of the permanent armed forces.
Legislation: Defence Forces Retirement Benefits Act 1948
How it ended
Replaced from 1 October 1972 by the Defence Force Retirement and Death Benefits Authority, which took over the closed DFRB scheme alongside the new DFRDB scheme.
- Responsibility for the DFRB scheme
- Military retirement benefits
Main functions
- Management of the DFRB Fund
- Retirement pensions for permanent defence force members
- Invalidity and widows' benefits
- Collection of members' contributions
Where it sits
Last in the portfolio of Department of the Treasury.
Lineage
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Sources
Some dates or links for this organisation are not fully confirmed. Corrections are welcome.