Retained Benefit account

If you stop working for local government, your super will be transferred to a Retained Benefit account. This account works in much the same way as an Accumulation account. 

Twelve investment choices

You can choose from 12 investment options, or a combination of up to five them, and you can switch your investment up to 12 times each year. Read more...

Pay low fees

Our fees are low and you don’t pay to contribute to or withdraw from your account. It’s also free to switch investment options. Full details are available in the Fees section of the Accumulation account, Retained Benefit account and Spouse account guide (PDS) that applies to your former employer.

Financial flexibility

Your new employer can contribute to your Retained Benefit account or, if you are retiring, you can use this account to withdraw lump sums when you need them (up to 12 each financial year).

Insurance cover

Your Death and Total and Permanent Disablement insurance cover is retained at a similar level when you leave local government employment. Any Total and Tempoary Disablement cover you had ceases.  Read more...

Boost financial knowledge

Come to our free seminars, read our regular newsletter, or check out our wide range of publications. Register for LGsuper online and you can view your account, check your insurance cover and update your personal details whenever you want.

Professional advice

Our knowledgeable staff can give you advice on your super in person or over the phone. Contact us to discuss growing your super, combining your accounts, our retirement options and more.

You should read the Accumulation account, Retained Benefit account and Spouse account PDS that applies to your employer or former employer in deciding whether to acquire, or continue to hold, this product.