News

On 23 March 2020, the Federal Government announced a $66b stimulus package to combat economic pressures facing Australians in the battle against COVID-19. The package includes measures providing for the early partial release of superannuation benefits in certain circumstances.

As COVID-19 continues to affect financial markets, we anticipate that some State Super members may be concerned about their investments. After the healthy returns experienced to date, we are now seeing a large market correction. The COVID-19 outbreak is expected to have an adverse impact on global economic growth.

State Super has implemented special administrative support for members who have been impacted by the NSW bushfires. Please call if you have any question about issues such as:

It is with great sadness that we witness the immense destruction being wrought by the fierce bushfires raging across NSW and in other States.

Stewart Little has represented the interests of public sector workers for more than 18 years and is now the newest director on the SAS Trustee Corporation Board.

The NSW Treasurer, Dominic Perrottet, today launched State Super’s new Academic Scholarship Program to support research into improving future retirement incomes.

Celebrating its 100-year anniversary, the $44 billion superannuation fund will award scholarships for research into improving future retirement incomes.

The State Super Scholarship program has been established as a legacy to acknowledge the organisation’s 100-year anniversary. Phase 2 is now open until 30 June 2020. The scholarship provides funding support for successful applicants to pursue research in fields related to public sector employees and their retirement, pensions or superannuation.

The changes outlined below have been introduced to enhance the strategies and will not affect the overall risk and return profiles of each of the strategies.