Insight Compass

Who owns state super?

Who owns state super?

SAS Trustee Corporation
State Super – SAS Trustee Corporation.

Is First State Super now aware?

‘ First State Super and StatePlus will be renamed Aware Super in September 2020.

When did Sass close?

18 December 1992
SASS was closed to new members on 18 December 1992.

Has State Super changed its name?

First State Super has changed its name to Aware Super. They have thought deeply about the need to create a single brand that clearly represents their desire to be a force for good for their members, the community and the world we live in.

What is state super scheme?

State Super is the Trustee of the State Authorities Superannuation Scheme (SASS), State Superannuation Scheme (SSS) and Police Superannuation Scheme (PSS). State Super is one of Australia’s largest superannuation schemes with over 93,000 members and $43 billion in assets (as at 30 June 2021).

Is State Super an industry fund?

Aware Super (previously known as First State Super) is an industry super fund. It is one of Australia’s largest superannuation funds and membership is open to all.

Is First State Super a good fund?

Award judges confirmed First State Super achieved consistently good results across all assessment areas: We offer members one of the lowest administration fees in the market. We achieved one of the highest ratings for our MySuper option. We provide members with competitive insurance arrangements.

What is SAS retirement age?

Once you reach age 65 you can choose to exit from the scheme, even if you are still working. You can choose to receive the payment of your accrued benefit immediately, or leave it deferred within the scheme (as a lump sum only) and have it paid to you at a later date.

Is Aware Super government?

Aware Super is an Australian Industry Superannuation Fund. It was initially established in 1992 as First State Super to provide superannuation benefits to New South Wales government employees, but is now open to anyone eligible to receive superannuation.

Who can join state super?

We take care of the super for over 765,000 members (as at July 2018) and anyone can be a member.