For eligible state employees who joined the scheme between 1980 and 30 June 1988. Some members in the SERB Scheme have since transferred to the New Scheme. 

Defined benefit fund

If you’re a member of the SERB Scheme you are in a defined benefit fund.  This means that your benefit entitlements are based on your salary, length of service and personal contribution rate (which is compulsory).

Claiming your benefit

The event and date that triggers your benefit becoming payable (e.g. resignation, retrenchment or retirement) determines your gross benefit.  The SERB Scheme gives members the option to receive a part pension/part lump sum or a 100% lump sum at retirement.  If you are considering a lump sum you may like to park all or some of it in our Accumulation Plan or convert it to an Income Stream.

Do you want a full pension?

SERB Scheme members wanting a full pension can now access ESSSuper’s Retirement Income Stream using your SERB Scheme lump sum.  The Retirement Income Stream is an allocated pension that can be commuted at any time, giving members greater flexibility and control.

More infomation

• For more information download our:
• SERB Scheme information booklet, or
• Recognition of Prior Continuous Service Fact Sheet.

If you have any questions call 1300 655 476.

To view the booklet you may need to download the free Acrobat Reader from Adobe