Government Superannuation Schemes

Government Superannuation Schemes can be very complex.

Primary Government Superannuation Schemes

NSW State Government Superannuation Funds

• State Authorities Superannuation Scheme (SASS) – NSW Government Defined Benefit fund
• State Superannuation Scheme (SSS) – NSW Government Defined Benefit fund
• Police Superannuation Scheme (PSS) – NSW Government Defined Benefit fund
• First State Super (FSS) – NSW Government Accumulation fund

Federal Government Superannuation Funds

• Defence Force Retirement and Death Benefits Scheme (DFRDB) – Federal Government Defined Benefit fund
• Military Superannuation and Benefits Scheme (MSBS) – Federal Government Defined Benefit fund
• Commonwealth Superannuation Scheme (CSS) – Federal Government Defined Benefit fund
• Public Sector Superannuation Scheme (PSS) – Federal Government Defined Benefit fund
• Public Sector Superannuation Accumulation Plan (PSSAP) – Federal Government Accumulation fund

Government Superannuation Financial Advice

At Lambourne Partners we can help you to:

• Understand the particular fund you are in and its many features.
• Consider an appropriate age to retire whilst factoring in how you can maximise your superannuation entitlements between now and retirement.
• Contemplate your options at retirement in terms of generating an income in retirement, understanding whether you have enough capital to retire, and establishing the right structure for your superannuation and assets in retirement.

What if retirement isn’t going to occur in the short term.   What are the important factors to consider in relation to my super:

• Am I contributing enough to super to maximise my benefit?
• What are the key features that impact the end value of my super?
• Am I invested in the appropriate investment options within my super?
• How does my salary impact my superannuation entitlements?
• Is there anything I could be doing differently or better to improve my situation?

If retirement is a viable proposition in the short term the important issues to consider:

• What is the best structure for your assets and superannuation in retirement?
• When is the ideal time to retire to maximise your super and be the most tax effective?
• Do I have access to a defined benefit pension via my superannuation fund?
• How will I generate an income in retirement after I’m no longer getting paid from my employer?
• What is my risk appetite as I move into retirement and how do I invest appropriately in relation to this?

We can also help you grow your investments, establish life insurance, manage any debt you may have and assist with your estate planning needs.