Show general fact sheets

• Claiming a death benefit

  The Trustee can only pay a death benefit according to the rules set down in the Superannuation Industry (Supervision) Act 1993 and the Trust Deed of Local Government Super.

• Single sector investment option FAQs

  LGS has launced six new 'single sector' investment options for members of the Accumulation Scheme and Account-Based Pension Plan.

• Centrelink concessions

  Centrelink issues three types of concession and health care cards that provide a range of benefits to cardholders.

• Debt management

  In order to live comfortably in retirement, it is essential to reduce debt. For some individuals, this is easier said than done. This fact sheet attempts to assist you with achieving a debt-free future.

• Glossary of investment terms

  A short glossary of investment terms commonly used on this site.

• Hedge funds

  Hedge Funds are often used to reduce overall portfolio risk as they manage investments designed to offset the potential losses of other investments. This fact sheet contains information on types of hedge funds.

• The importance of insurance

  Should you die, or become disabled through illness or injury, most of your roles in life will need to continue and may be performed by other people. You can help to ensure as much continuity of lifestyle as possible and remove unnecessary financial stress by insuring against these risks.

• Managed funds

  Investing in a managed fund allows you to pool your money with other investors. This will often enable you to invest in assets that may not ordinarily be available (for instance, international government bonds and shares).

• Retirement income streams

  Income streams are investments which provide regular income and capital payments to allow you to manage your ongoing living expenses.

• Salary sacrifice and transitioning to retirement

  With the growing demands of an ageing population, forever tightening welfare benefits, and greater concessions given to self-supporting retirees, the need to maximise your super to ensure a comfortable retirement has never been greater.

• Spouse contributions

  You can make contributions to your spouse's super fund if they are under the age of 65, and may continue up to the age of 70 if your spouse has worked for at least 40 hours in a period of 30 consecutive days somewhere within the financial year.

• Leave and termination payments

  Termination payments may become payable as a result of cessation of employment for any reason with any one employer.

• Mobility transfer from State Super or Energy Industries Superannuation Scheme to either the Retirement or Defined Benefit Scheme

  Information including who can apply, what members' rights are in their new scheme and how to apply.

• Total and Permanent Disability

  A TPD Benefit is a sum of money paid in situations where a Local Government Accumulation or Executive Scheme member has to leave the workforce early because of an injury or medical condition that prevents them from working.

• Sustainable Investing

  LGS, like other super funds, invests in a range of assets including shares, private equity and direct property. LGS actively invests these assets based on a sustainable and responsible investment policy.

• Family Law splits
  (for Accumulation, Executive, Rollover and Pension Plan members only, other members please check below)

  For Accumulation, Executive Scheme and Rollover and Account-Based Pension Plan members (Pool A), the Family Law Act takes account of superannuation entitlements when negotiating settlements resulting from marriage breakdowns and for the 'splitting' of those entitlements between the parties involved.

• Nominating Beneficiaries
  (for Accumulation, Executive, Rollover and Pension Plan members only, other members please check below)

  Nobody likes to think about what would happen when they die. For most people, superannuation is a significant asset, so it is important that you consider where it should be paid in the event of your death.

• Local Government Super Account-Based Pension

  The Local Government Super Account-Based Pension Plan is designed for Scheme members who have retired (or others who may qualify) and wish to invest all or part of their Local Government Super benefit to produce tax-effective retirement income.

• Local Government Super Rollover Plan

  The Local Government Super Rollover Plan is designed for people who wish to invest all or part of their Local Government Super benefit or other monies in the tax-effective superannuation environment.

• How safe is your super?

  The security of members' superannuation is fundamental to Local Government Super.

• Your Budget Planner - Plan today for a better tomorrow

  5 steps to make your money work harder for you.

Show Defined Benefit Scheme fact sheets

• Salary Sacrifice for Defined Benefit Scheme members

  Depending on your level of income, salary sacrifice can be a very tax-effective way to contribute to your superannuation.

• Co-contribution - Defined Benefit Scheme

  Find out if you’re eligible for the Government’s Super Co-contribution and how it may help you boost your retirement savings.

• Concessional Contributions in the Defined Benefit Scheme

  Caps apply to contributions made to your superannuation scheme for a financial year. Any super contributions made over the cap amount are subject to extra tax.

• Nominating Beneficiaries
  (for Defined Benefit Scheme members only, other members please check above)

  Nobody likes to think about what would happen when they die. For most people, superannuation is a significant asset, so it is important that you consider where it should be paid in the event of your death.

• Family Law Splits in the Defined Benefit Scheme
  (for Defined Benefit Scheme members only, other members please check above)

  The Family Law Act now provides a mechanism for taking account of superannuation entitlements when negotiating property settlements resulting from marriage breakdowns and for the 'splitting' of those entitlements between the two parties involved.