To give you greater flexibility in preparing for your life after work, you can choose to stay with your defined benefit scheme or move into the PSSap (the PSS accumulation plan)

What’s changing?

From 1 July 2008 you can choose where your super goes. You’ll have the option to:

• stay with the PSS – ARIA’s defined benefit scheme; or
• move to the PSSap – ARIA’s accumulation plan)*.

What does this mean?

It’s a great opportunity to explore the benefits of the PSS, and the difference between defined benefit superannuation and accumulation plan superannuation.

If you do decide to leave the PSS, you cannot change your mind and come back. Your current PSS balance will be preserved (you cannot roll it over to another fund) and your future super contributions will be paid into your new PSSap account.

Your expanded super options are available to you from and beyond 1 July 2008 – so there is no need to rush into making your decision now.

Take the next step

– find out how the PSS and PSSap work