Defined benefit super schemes

Evans and Partners have experience with public service superannuation and pension schemes including:

Commonwealth

• CSS (Commonwealth Superannuation Scheme)
• PSS (Public Sector Superannuation Scheme)
• DFRDB (Defence Force Retirement and Death Benefits Scheme)
• MSBS (Military Benefits and Superannuation Scheme)

NSW

• SSS (State Super Scheme)
• SASS (State Authorities Super Scheme)

 Victoria

• ESSS (Emergency Services and State Super) – ESSS Revised Scheme, ESSS New Scheme, ESSS Defined Benefit 

Corporate

• defined benefit super schemes from corporate entities including UniSuper, Telstra and Qantas.

If you are a member of a defined benefit super scheme, we can help you to:

• determine appropriate level of contributions while maintaining cash flow
• understand benefit entitlements to make the right choice in respect to your objectives, cash flow, tax implications and superannuation structures
• navigate the tax impacts while contributing as well as in retirement
• assess options available with a redundancy offer, including reviewing future work intentions, tax considerations and your financial position.
• align your defined benefit scheme with your other retirement savings.

Public service redundancy packages

Your adviser can assist in working to maximise redundancy payments if you are made redundant under a public service superannuation structure, with advice on:

• available options when accepting a redundancy
• whether to use the payment to pay down debt or invest in superannuation
• the optimal tax treatment of your redundancy and leave payments
• the impact of redundancy on your financial position and retirement plans
• broader financial strategies to meet your retirement goals.