About us
____

• Member services online
• About the PSS
  • How does the PSS work?
  • Family law and your super
  • Additional services
• Contributions
  • Your contributions
  • Employer contributions
  • Super co-contribution
  • Your super salary
• Investments
  • How does investment performance affect your benefit?
  • Investment strategy
  • Fund earning rates
  • Investment performance
  • Cash investment option
  • Earning rate policy
  • Exit rates/crediting rates—historical data
• Insurance
  • A quick overview
  • Limited benefits membership
  • Additional death and invalidity cover
• Preserved benefit members
• Withdrawing your super
  • How to calculate your benefit
  • Resignation or dismissal
  • Age retirement
  • Retrenchment
  • Invalidity retirement
  • Death benefits
  • Early access to super benefits
  • Transfer to an eligible rollover fund
  • SIS upper limit
  • Preservation age
  • Superannuation contributions surcharge
  • Tax and your PSS Benefit
• Pensioner services
  • Pensions administration service
  • Pensions services online
  • Pension updates
  • Your pension
  • Family law
  • Forms and publications

2008/09 Annual Report

Aspire

 

   A   A  A  ?

18—25: Too young to be thinking about getting older?

Too young to care about your super? Confused by the mountain of information? Yes, super can seem dull, dull, dull. But that's just what your retirement's going to be if you don't take an interest in it now.  Saving when you're young and free of larger financial responsibilities can help you build wealth for when you need it.
Get off to the right start

• Start out by looking at About the PSS
• Set a goal. You need to know how long your money has to last after you finish work, and what sort of life you want during retirement to determine how much you may need.
• Know your fund. If you want your super to work for you, you need to understand how your super fund works, what options it offers, and if there are any conditions or restrictions on those options.
• Make a plan. You need to work out how much to contribute to your super now, so you can reach your goals in the future.

Increasing your insurance cover

As a member of the PSS, you may be able to take out additional death and invalidity cover.
If you do take out extra cover, your employer will pay up to half the costs of the additional insurance.

Find out if you are eligible and read more about insurance.

Useful sources of information

Making the right decisions with money—an online guide to budgeting, banking, insurance, superannuation, shares and tips for young adults produced by the Australian Securities and Investments Commission.

Understanding money— Australian Government website helping you to understand how money pays off.

Super decisions  – a guide to super, making better super choices and where to find extra help and information produced by the Australian Securities and Investments Commission.

Smarter super—a guide to how super works, and useful tips and suggestions produced jointly by the Australian Bankers' Association, the Financial Planning Association and Investment and Financial Services Association.

Getting advice —a step-by-step guide to choosing the right financial adviser, published by the Australian Securities and Investments Commission in association with the Financial Planning Association of Australia.

The learner investor site—an online guide to the world of investing published by the Eureka Report which aims to inform, advise, guide and educate investors.

Department of Finance and Deregulation Superannuation branch—this branch supports the Minister for Finance and Deregulation, with his responsibilities for superannuation for Australian Government employees and Commonwealth parliamentarians.

Super guru—a comprehensive guide to super including information on planning and saving now + the Westpac-ASFA Retirement Living Standard which shows how much you may need in retirement, produced by the Association of Superannuation Funds of Australia Limited.

Your Government Super at Work