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Fact sheets and brochures

We’ve compiled these fact sheets and brochures to help you learn more about super and how to better manage your super and retirement.

  • General

    Changing jobs
    Changing jobs doesn’t mean you have to change your super fund.

    Claiming a death benefit
    The Trustee can only pay a death benefit according to the rules set down in the Superannuation Industry (Supervision) Act 1993 and the Trust Deed of Local Government Super.

    Centrelink concessions
    Centrelink issues three types of concession and health care cards that provide a range of benefits to cardholders.

    Debt management
    In order to live comfortably in retirement, it is essential to reduce debt. For some individuals, this is easier said than done. This fact sheet attempts to assist you with achieving a debt-free future.

    The facts about investment risk
    We all take risks every day, most of them small, but we’re usually aware of the risks and we take precautions. And it’s the same with your investments.

    The facts about salary sacrifice
    Salary sacrifice is an agreed arrangement with your employer for you to receive part of your gross salary as a benefit rather than as a salary. The value of this benefit is paid from your gross salary, i.e. before tax.

    The facts about women and super
    When it comes to saving for retirement, women face a number of significant challenges, resulting in the average woman retiring with much less super than a man.

    Family Law splits
    (for Accumulation Scheme and Pension Plan members only, other members please check below)
    The Family Law Act takes account of superannuation entitlements when negotiating settlements resulting from marriage breakdowns and for the 'splitting' of those entitlements between the parties involved.

    Fees–SIS definitions and how LGS applies them
    This fact sheet provides information about how the SIS fee definitions may be applied to your LGS account.

    Financial hardship and compassionate grounds
    This fact sheet provides information about how to apply for an early release of your super on financial hardship or compassionate grounds.

    Glossary of investment terms
    A short glossary of investment terms commonly used on this site.

    Hedge funds
    Hedge Funds are often used to reduce overall portfolio risk as they manage investments designed to offset the potential losses of other investments. This fact sheet contains information on types of hedge funds.

    How safe is your super?
    The security of members' superannuation is fundamental to Local Government Super.

    The importance of insurance
    Should you die, or become disabled through illness or injury, most of your roles in life will need to continue and may be performed by other people. You can help to ensure as much continuity of lifestyle as possible and remove unnecessary financial stress by insuring against these risks.

    Leave and termination payments
    Termination payments may become payable as a result of cessation of employment for any reason with any one employer.

    LGS Account-Based Pension Plan
    The Local Government Super Account-Based Pension Plan is designed for Scheme members who have retired (or others who may qualify) and wish to invest all or part of their Local Government Super benefit to produce tax-effective retirement income.

    Long Service Leave and Salary Sacrifice
    The Local Government (State) Award 2014 (‘the Award’) now allows employees to receive some of their accrued long service leave as income, provided they salary sacrifice an equivalent amount into a Local Government Super (LGS) account.

    Low Income Superannuation Tax Offset (LISTO) 
    The low income superannuation tax offset (LISTO) scheme is a Federal Government initiative to help people earning less than $37,000 a year to save for their retirement.

    Make Your Super Count 
    A guide to super contributions.

    Managed Funds
    Investing in a managed fund allows you to pool your money with other investors. This will often enable you to invest in assets that may not ordinarily be available (for instance, international government bonds and shares).

    Mobility transfer from State Super or Energy Industries Superannuation Scheme to either the Retirement or Defined Benefit Scheme
    Information including who can apply, what members' rights are in their new scheme and how to apply. 

    Nominating Beneficiaries
    (for Accumulation Scheme and Pension Plan members only, other members please check below)
    Nobody likes to think about what would happen when they die. For most people, superannuation is a significant asset, so it is important that you consider where it should be paid in the event of your death.

    Proof of identity
    Providing proof of identity is necessary when applying for a payment, or may be requested from you when rolling money over between super funds.

    Retirement income streams
    Income streams are investments which provide regular income and capital payments to allow you to manage your ongoing living expenses.

    Retirement Spending Planner: CouplesSingles
    This retirement spending planner can help you determine how much you need (your essential spending) and how much you want (your discretionary spending) in order to maintain your desired lifestyle in retirement.

    Short guide to budgeting
    When it comes to our finances many of us are creatures of habit; some habits are good, some bad. Our spending habits are usually based on how much we get paid, and how frequently we get paid.

    Spouse contributions
    You can make contributions to your spouse's super fund if they are under the age of 65, and may continue up to the age of 70 if your spouse has worked for at least 40 hours in a period of 30 consecutive days somewhere within the financial year.

    Sustainable Investing
    LGS, like other super funds, invests in a range of assets including shares, private equity and direct property. LGS actively invests these assets based on a sustainable and responsible investment policy. 

    Voluntary Insurance 
    This Fact Sheet explains the features of Local Government Super's Voluntary Insurance cover and how you can apply for it.

    Your Budget Planner - Plan today for a better tomorrow 
    5 steps to make your money work harder for you.

  • Accumulation Scheme

    Co-Contribution - Accumulation Scheme
    Find out if you’re eligible for the Government’s Super Co-contribution and how it may help you boost your retirement savings.

  • Account-Based Pension Plan

    LGS Account-Based Pension Plan 
    The Local Government Super Account-Based Pension Plan is designed for Scheme members who have retired (or others who may qualify) and wish to invest all or part of their Local Government Super benefit to produce tax-effective retirement income.

  • Retirement Scheme

    Benefit Points - Retirement Scheme
    As a member of the Retirement Scheme you are required to contribute between 1 – 9% of salary under your defined benefit obligations which in turn purchases benefit points. This factsheet provides a general overview of how benefit points work.

    Concessional Contributions - Retirement Scheme
    Caps apply to contributions made to your superannuation scheme for a financial year. Any super contributions made over the cap amount are subject to extra tax.

    Co-Contribution - Retirement Scheme
    Find out if you’re eligible for the Government’s Super Co-contribution and how it may help you boost your retirement savings.

    Employer Financed Benefit Pension - Retirement Scheme
    Any member of the Retirement Scheme who was previously a member of the Local Government Pension Fund or NSW Retirement Fund would have retained the option to receive a portion of their superannuation benefit as a pension.

    Family Law in the Retirement Scheme
    (for Retirement members only, other members please check above or below)
    The Family Law Act now provides a mechanism for taking account of superannuation entitlements when negotiating property settlements resulting from marriage breakdowns and for the 'splitting' of those entitlements between the two parties involved.

    Nominating Beneficiaries
    (for Retirement members only, other members please check above or below)
     Nobody likes to think about what would happen when they die. For most people, superannuation is a significant asset, so it is important that you consider where it should be paid in the event of your death.

    Salary Reduction - Retirement Scheme 
    A reduction in salary is often not something a person can control, so the Retirement Scheme rules contain a couple of options to protect members' benefits from being reduced in this way. This Fact Sheet explains those options.

    Salary Sacrifice - Retirement Scheme
    Depending on your level of income, salary sacrifice can be a very tax-effective way to contribute to your superannuation.

    Transition to retirement 
    The Government introduced the 'transition to retirement' pension. This pension allows many mature workers to reduce their regular working hours but draw on their super to maintain their level of income. A 'transition to retirement' pension may also allow you to reduce your tax while you keep working full-time and then use these tax savings to further build your wealth.

  • Defined Benefit Scheme

    Concessional Contributions in the Defined Benefit Scheme
    Caps apply to contributions made to your superannuation scheme for a financial year. Any super contributions made over the cap amount are subject to extra tax.

    Family Law in the Defined Benefit Scheme
    (for Defined Benefit Scheme members only, other members please check above)
    The Family Law Act now provides a mechanism for taking account of superannuation entitlements when negotiating property settlements resulting from marriage breakdowns and for the 'splitting' of those entitlements between the two parties involved.

    Co-Contribution - Defined Benefit Scheme
    Find out if you’re eligible for the Government’s Super Co-contribution and how it may help you boost your retirement savings.

    Nominating Beneficiaries
    (for Defined Benefit Scheme members only, other members please check above)
    Nobody likes to think about what would happen when they die. For most people, superannuation is a significant asset, so it is important that you consider where it should be paid in the event of your death.

    Salary Sacrifice for Defined Benefit Scheme members
    Depending on your level of income, salary sacrifice can be a very tax-effective way to contribute to your superannuation.

If you can't find what you were looking for, call us on 1300 LGSUPER (1300 547 873) between 8.30am and 5.00pm, Monday to Friday.