Retained Benefit account

Want value and versatility?

When you stop working for local government, your super will be transferred to a Retained Benefit account. This account works in much the same way as your Accumulation account and offers a host of benefits.  

Twelve investment choices

You can choose from 12 investment options, or a combination of them, and you can switch your investment up to 12 times each year. Read more...

Pay low fees

Our fees are low and you don’t pay to withdraw from your account. It’s also free to switch investment options. Full details are in the Fees section of the Accumulation account, Retained Benefit account and Spouse account guide (PDS) that relates to your employer or former employer.

Withdraw lump sums

If you are retired, you can use this account to withdraw lump sums of $3000 or more up to 12 times each year. A limit of one withdrawal per month applies and your remaining balance must be at least $3000.

Insurance cover

Your insurance cover will stop once you permanently retire.

Information and know-how

Come to our free seminars, read our regular newsletter, or check out our wide range of publications. Register for LGsuper online and you can view your account and update your personal details whenever you want.

Professional advice for the asking

Our knowledgeable staff can give you advice on your super, over the phone or in person. Contact us to discuss combining your accounts, investment options, your options in retirement and more.

You should read the Accumulation account, Retained Benefit account and Spouse account guide (PDS) that relates to your employer or former employer in deciding whether to acquire, or continue to hold, this product.