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Fund Types


New Scheme


This handbook outlines the superannuation arrangements for members of the ESSSuper New Scheme.

The members are employees, including temporary employees, who joined the Victorian Public Service, Teaching Service, and participating agencies between 1 July 1988 and 31 December 1993. This fund also has members who have transferred from other funds.

This handbook is broken into sections as follows:

About the New Scheme

An overview of the New Scheme's structure.

Recognition of prior service

What it is, and how to apply for prior service to boost your retirement. benefit.

Contributions

Types of contributions accepted into the New Scheme.

Leave Without Pay

Taking Leave Without Pay (LWOP) and how this affects your account.

Benefits

Details on all the types of benefits applicable to the New Scheme including eligibilty and the application process:

Resignation
Age retirement
Retrenchment
Disability
Death
Exempt officers

Taxation

Details all taxation considerations including contributions tax, limits and tax implications on taking your benefit.

Disclaimer

Please note that this interactive guide is a general guide only and does not cover all your rights and entitlements. The rules of the fund are primarily contained within the State Superannuation Act 1988. For a more complete understanding of your rights and entitlements or the rules of the fund, please contact ESSSuper or refer to the Act.

No responsibility is accepted by ESSSuper or its employees for any loss or damage arising from reliance on the information provided in this guide. Before making important decisions regarding your entitlements ESSSuper recommends that you obtain appropriate professional advice about your particular circumstances.


If you are a full-time student, remember to submit your declaration annually to ensure you continue to receive the pension.

Download file Complete your declaration
By downloading the Declaration of Eligibility for a full-time student pension

Download file Provide your TFN
When submitting your declartion, remember to also complete the TFN Declaration

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