This Incorporated Material provides further information on the topics covered in the PDS. We recommend that you obtain and read this Incorporated Material which can be obtained on request free of charge by contacting Member Services on 1300 369 901.

• Incorporated Material in the form of various factsheets

 
Click on the links below to open the files. Once open, you can print or view online. The Adobe Acrobat PDF files retain the formatting of the print documents.

If you do not have Adobe Acrobat Reader, you can download the software for free from Adobe.

 

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
	Local Government Super (LGS), like other super funds, invests in a range of assets including shares, private equity, direct property, etc but unlike most funds LGS actively invests these assets based on a sustainable and socially 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
	Nobody likes to think about what would happen if they should 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 (formerly allocated Pension) Plan
	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.

 

Salary Reduction Provisions
	The value of a member’s Employer Financed Benefit is directly related to the member’s salary. Any reduction in salary can therefore result in an immediate reduction in those entitlements.

 

How safe is your super?
	The security of members’ superannuation is fundamental to Local Government Super.

 

Concessional Contributions - Accumulation 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.

 

Co-Contribution - Accumulation Scheme
	The Super Co-contribution was introduced by the Commonwealth Government on July 2003, with the eligibility criteria widened with effect from July 2004 allowing many more individuals to qualify. We explain some of the implications here.

 

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

 

Employer Financed Benefit Pension - Retirement Scheme
	Any member of the Retirement Scheme who was previously a member of the Local Government Pension Fund or NSW Retirement Fund would have retained the option to receive a portion of their superannuation benefit as a pension.

 

Concessional Contributions - Retirement 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.

 

Benefit Points - Retirement Scheme
	As a member of the Retirement Scheme you are required to contribute between 1 – 9% of salary under your defined benefit obligations which in turn purchases benefit points. This factsheet provides a general overview of how benefit points work.

 

Co-Contribution - Retirement Scheme
	The Super Co-contribution was introduced by the Commonwealth Government on July 2003, with the eligibility criteria widened with effect from July 2004 allowing many more individuals to qualify. We explain some of the implications here.

 

Family Law Splits in the Retirement Scheme (for Retirement members only, other members please check above or below)
	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.

 

Co-contribution - Defined Benefit Scheme
	The Super Co-contribution was introduced by the Commonwealth Government on 1 July 2003. Since then, the eligibility criteria have been widened allowing many more individuals to qualify.

 

Concessional Contributions - 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.

 

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.

Brochures

 

Your Budget Planner - Plan today for a better tomorrow
	5 steps to make your money work harder for you.

Thinking of retiring?
	If you are planning for your retirement or considering a redundancy offer, find out how to get the most out of your money.

Make your super count
	This booklet outlines the things you should consider when making super contributions, and it explains the super saving opportunities that are available.