TPAV Journal - The Police Association Victoria

fINANCE
Are you thinking
of resigning or
retiring?
If you’re thinking about resigning or retiring,
it’s important to understand your super
options. As the fund responsible for
your ESSS Defined benefit fund, ESSSuper
offers a range of products to help keep
your retirement savings on track even
after you’ve stopped working. Keeping your
benefit in the super environment could help
you boost your super savings and may even
provide some tax benefits.
ESSSuper offers a range of products which
are all designed with you in mind, by-
> keeping fees as low as possible - the
lower the fees the more there is for you
> offering assistance and guidance along
the way - ESSSuper’s member Education
Consultants are always happy to help
> providing a range of investment and
insurance options - designed to help you
achieve a comfortable retirement.
ESSSuper product solutions
when you leave Victoria Police you
can rollover your benefit to ESSSuper’s
beneficiary Account. The beneficiary Account
may be a good option if you want to receive
your Optional benefit, as it provides an
32 Protect Represent Support. www.tpav.org.au
‘untaxed option’ which allows you to defer
paying tax on part of your benefit.
when you resign or retire you might consider
transferring your defined benefit to your
Accumulation Plan account. you can top up
your retirement savings by making regular
after tax or salary sacrifice contributions into
your Accumulation Plan and if you are still
working you can arrange for Superannuation
Guarantee contributions from other
employers to be made to your Accumulation
Plan account.
And when you decide to permanently retire
you might consider an ESSSuper Retirement
Income Stream which converts your
superannuation into a convenient regular
income. It can even supplement any other
pension entitlements you may have.
Choose your investments
ESSSuper’s beneficiary Account,
Accumulation Plan and Income Streams
offer a choice of investment options and
you can change your investment options
monthly, giving you the flexibility to change
how your money is invested. ESSSuper’s
website contains detailed information
about investment options and performance.
And via the secure members Online area of
the website you can undertake investment
switches and view your transaction history
and investment summary.
How we can help
make the most of your super by talking to
the people who run your fund -
> call the member Service Centre on 1300
650 161 between 8.30 am to 5.00 pm
monday to friday
> book a free personal appointment with
a member Education Consultant at
ESSSuper’s office or at your workplace.
Our member Education Consultants can
explain your options and help you plan
for retirement
> visit the website www.esssuper.com.au
This document is issued by Emergency Services Superannuation board AbN 28 161 296 741 the Trustee of the Emergency Services Superannuation Scheme AbN 85 894 637
037 (ESSSuper). The information contained in this document is of a general nature only. It should not be considered as a substitute for reading ESSSuper’s Product Disclosure
Statement (PDS) that contains detailed information about ESSSuper products, services and features. before making a decision about an ESSSuper product, you should consider
the appropriateness of the product to your personal objectives, financial situation and needs. It may also be beneficial to seek professional advice from a licensed financial planner
or adviser. An ESSSuper PDS is available at www.esssuper.com.au or by calling 1300 650 161.