Account features
LGsuper offers flexible accounts to suit your needs, wherever you are in life.
Before you get to know a little more about your type of account though, you might like to learn the basics of how superannuation works, including how it’s taxed and when you can access your money. Read more…
Accumulation Benefits Fund
Most Queensland local government employees are members of this account. If you are a permanent employee, after 12 months you contribute 6% of your salary and your employer contributes at the higher rate of 12% to this account. Other employees receive superannuation guarantee contributions. Read more…
Retained Benefit accounts
After leaving local government, your benefit grows with investment returns in this account. You can ask your new employer to contribute to this account, or use it in retirement. Read more…
Defined Benefits Fund
Closed to new members since 1 July 1998, members of this Fund receive the higher of two benefits — a multiple of salary or contributions plus investment returns. Read more…
Pension accounts
You can receive regular income payments from an LGsuper allocated pension or term allocated pension in retirement. Or, if you are still working and over your preservation age you could take a pre-retirement pension. Read more…
Spouse accounts
With as little as $100 you can open an LGsuper account for your partner, so they can enjoy the same LGsuper member benefits you do. Read more…
Councillors’ superannuation
Councillors have different superannuation arrangements to other members, as they are not generally considered employees. Read more…
