LGIAsuper offers a range of flexible options to suit your needs, wherever you are in life. So you’ll have the support you need to make the most of your super while you’re working and in retirement.
What are my account options?
When you first join LGIAsuper we will open an Accumulation account for you. If you change jobs or retire, you money will stay in this account. However, depending on where you are on the road to retirement, you may want to consider opening a Transition to Retirement Pension account or a Pension account.
|Type of account||Features||Who is this account for?|
|Transition to retirement Pension account||
|Type of account||Features|
|Defined benefits||If you have been working for local government for a long period of time, you may have a defined benefit. These accounts are closed to new members and operate differently to accumulation accounts.|
|Superannuation for councillors||Most councillors have different superannuation arrangements to members, as they are generally not considered employees. This means councils are usually not obliged to pay super contributions for councillors but exceptions apply. For more information, download our Superannuation for councillors info sheet.|
All super funds charge fees to cover the costs of managing your super. Even a small difference in fees can make a big difference to your account balance over time so it's a good idea to be aware of what fees may apply to you.