Is State Super the same as First State Super?
Over the last few years, we’ve been managing two brands under the First State Super banner – First State Super (our super fund) and StatePlus (our advice business). We also merged with VicSuper in July this year and will merge with WA Super later in the year, meaning we will have had four brands to support.
What is State authorities Superannuation Scheme?
The State Authorities Superannuation Scheme (SASS) was established by the NSW Government on 1 April 1988. New employees in the NSW public sector were eligible to join the scheme and members of the Public Authorities Superannuation Scheme (PASS) were transferred to SASS from 1 April 1988.
What happened to State Super?
State Super, also known as SAS Trustee Corporation, closed the schemes to new members in the late 1980s and early 1990s but continues to manage the defined benefit super and pension schemes for all its members and supports them with retirement planning seminars, interviews and phone support.
What is state Super called now?
Aware Super
StatePlus and First State Super will now share the brand Aware Super. To align with our new brand name, we have also changed our company name from State Super Financial Services Australia Limited (trading as StatePlus) to Aware Financial Services Australia Limited.
Who owns First State Super?
Aware Super is an Australian Industry Superannuation Fund. It is Australia’s third largest fund, with $130bn under management following the merger between First State Super, VicSuper and WA Super in 2020….Aware Super.
| Industry | Superannuation |
|---|---|
| Founded | 1992; First State Super prior to 1 July 2020 |
| Website | www.aware.com.au |
Is State Super same as Aware Super?
‘Becoming Aware Super demonstrates our ongoing commitment to action and impact – for our members, their communities and the broader world that we live in. ‘ First State Super and StatePlus will be renamed Aware Super in September 2020.
Can anyone join state super?
Become a member We take care of the super for over 765,000 members (as at July 2018) and anyone can be a member.
What is super NSW?
Superannuation, or ‘super’, is money put aside by your employer over your working life for you to live on when you retire from work. Super is important for you, because the more you save, the more money you will have for your retirement.
Who is First State Super?
First State Super is one of Australia’s largest super funds. Established in 1992, First State Super is a profit-for-member fund that uses profits for the benefit of members rather than distributing them as dividends to shareholders.
Can anyone join First State Super?
Become a member With super often being the biggest investment besides your home, it’s a key factor in whether you’ll be able to live the life you want in retirement. We take care of the super for over 765,000 members (as at July 2018) and anyone can be a member.
What is SAS retirement age?
Contributing members to SASS are generally eligible for a retirement benefit on leaving employment from age 58 onwards. However, members who transferred into SASS when their original scheme closed may be eligible for a retirement benefit on leaving employment from age 55.
Who can join First State Super?