Labor leader Bill Shorten is set to hold a minor frontbench reshuffle in preparation for the next election.
Queensland senator Jan McLucas and Oxley MP Bernie Ripoll on Tuesday will advise the Labor caucus they will be stepping aside from the shadow ministry.
The pair earlier this year indicated they wouldn't be seeking preselection for the next election due in 2016.
On Tuesday, nominations for the two shadow ministry positions will open and they will be resolved at the next meeting of caucus.
Senator McLucas was first elected in 1998 and helped establish the national disability insurance scheme.
Mr Ripoll, who also came into parliament in 1998, chaired the committee that led the landmark inquiry into the future of finance advice.
He also played a key role in dealing with the 2011 Queensland floods.
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