U

Unrecognised Leave: Is leave that your employer does not count as good service, e.g. personal reasons (only applicable to Gold State Super).

Untaxed fund: An untaxed fund means that the Commonwealth Government does not tax either the contributions your employer makes on your behalf or your investment earnings. Instead of paying tax up front, tax is charged when your benefit is paid out, rolled over to a taxed super fund.

Unrestricted Non-preserved: These are benefits for which a condition of release has previously been met, and may be accessed at any time (subject to your superannuation fund's rules.)