Super for people working in the public sector
AustralianSuper’s Public Sector Division specialises in super for Public Sector employees in Federal, State or Territory Government.
Public Sector Division members benefit from low fees, investment expertise, industry leading insurance and a range of services AustralianSuper can provide.
If you're approaching retirement, or even just thinking about what it means for you, our upcoming Retirement planning seminars might be of interest.
AustralianSuper is MySuper Authorised 65 714 394 898 856 and we can accept all Superannuation Guarantee contributions from employers and personal contributions from people that are self-employed. The Balanced investment option is MySuper Authorised, but you can choose from a great range of investment options to suit every type of investor.
Over five years invested in the Balanced investment option, AustralianSuper provided higher performance than an average retail super fund†.
† SR50 Balanced Index, SuperRatings Crediting Rate Survey, December 2015. Investment returns are not guaranteed. Past performance is not a reliable indicator of future returns.
Fees and costs
Using the bulk buying power of AustralianSuper, the fees and costs for administration and investment management are low.
Public Sector Division members can take advantage of:
- Cover provided 24 hours a day, 7 days week – not just when you’re at work.
- Premiums at bulk rates, which are usually less than what you’d pay as an individual.
- Hassle-free premium payments - deducted from your super account each month.
- The option to increase cover at any time to suit your needs (subject to meeting the Insurer’s health evidence requirements).
Eligibility for insurance cover
Insurance cover is available for:
- Death - up to age 70.
- Total & Permanent Disablement (TPD) - up to age 70.
- Income Protection - up to age 70.
The maximum levels of cover for Public Sector Division members:
|Type of insurance cover
- $30,000 per month (for benefit payment period of up to two years), or
- 85% of your salary‡ (whichever is lower).
‡ Salary is your annual before-tax salary, excluding employer super contributions.