
'
State Super'', is one of the oldest
superannuation
A pension (, from Latin ''pensiō'', "payment") is a fund into which a sum of money is added during an employee's employment years and from which payments are drawn to support the person's retirement from work in the form of periodic payments ...
funds in Australia beginning in New South Wales in 1919 with the creation of th
State Superannuation Schemefor salaried public servants. It is in the Australian Prudential Regulation Authorit
(APRA) Top 15 super fundsin Australia with close t
$42 billionAUD in assets as at 30 June 2020 and 96,180 members. State Super members are current and previous NSW government employees and public sector workers such as police, teachers, nurses and more.
State Super, also known as SAS Trustee Corporation, closed the schemes to new members in the late 1980s and early 1990s but continues to manage the defined benefit
super and pension schemes for all its members and supports them with retirement planning seminars, interviews and phone support. State Super employees are guided by five well-defined member beliefs and are committed to always acting in members' best interests.
State Super acknowledged its centenary in 2019 with the announcement of th
State Super Scholarshipwhich provides valuable financial support to successful applicants who are completing a Masters Degree or PhD at a NSW university. Work completed by State Super Scholarship recipients is intended to provide a pipeline of research into the superannuation, retirement and pension needs of public sector workers in Australia.
Located in Clarence Street, Sydney, NSW, State Super is led by Chief Executive Officer John Livanas
and his executive team including Chief Investment Officer Charles Wu . Chairperson Nicholas Johnson
heads the State Super Board.
State Super schemes
State Super is the
Trustee
Trustee (or the holding of a trusteeship) is a legal term which, in its broadest sense, is a synonym for anyone in a position of trust and so can refer to any individual who holds property, authority, or a position of trust or responsibility to ...
of the following defined benefit schemes: State Authorities Superannuation Scheme (SASS), State Superannuation Scheme (SSS), and Police Superannuation Scheme (PSS). State Super also manages the State Authorities Non-contributory Superannuation Scheme (SANCS), which provides additional benefits to members of SASS, SSS and PSS. The State Super
Pooled Fund
An investment fund is a way of investing money alongside other investors in order to benefit from the inherent advantages of working as part of a group such as reducing the risks of the investment by a significant percentage. These advantages inc ...
comprises the assets of all four schemes.
Members
State Super continues to look after past and present public sector and government workers of NSW and serves 96,180 members as at June 2020.
Diversified portfolio of Australian and International investments
State Super owns a diversified portfolio of Australian and international assets, including a range of infrastructure, transport, energy and property assets.
These include shopping centres i
Tweed HeadsSmithfield (QLD)an
Plumpton office buildings i
North Sydney Sydney CBD
The Sydney central business district (CBD) is the historical and main commercial centre of Sydney. The CBD is Sydney's city centre, or Sydney City, and the two terms are used interchangeably. Colloquially, the CBD or city centre is often refer ...
and
Macquarie Park
Macquarie Park () is a suburb in the Northern Sydney region of Sydney, New South Wales, Australia. Macquarie Park is located 13 kilometres north-west of the Sydney central business district in the local government area of the City of Ryde.
...
in Sydney's north west and a
industrial estate in Port Melbourne State Super is also part owner o
Westfield Knoxand th
Regents Park Industrial Estate.
Aviation transport assets in which State Super holds a stake include
Birmingham Airport
Birmingham Airport , formerly ''Birmingham International Airport'', is an international airport located east-southeast of Birmingham city centre, west-northwest of Coventry slightly north of Bickenhill village, in the Metropolitan Boroug ...
,
Bristol Airport
Bristol Airport , at Lulsgate Bottom, on the northern slopes of the Mendip Hills, in North Somerset, is the commercial airport serving the city of Bristol, England, and the surrounding area. It is southwest of Bristol city centre. Built on ...
,
Melbourne Airport
Melbourne Airport , colloquially known as Tullamarine Airport, is the primary airport serving the city of Melbourne, and the second busiest airport in Australia. It opened in 1970 to replace the nearby Essendon Airport. Melbourne Airport is ...
,
Launceston Airport an
Queensland Airports Limitedwhich owns and operates
Gold Coast Airport
Gold Coast Airport (formerly known as Coolangatta Airport) is an international Australian airport located at the southern end of the Gold Coast and approximately south of centre of Brisbane, within South East Queensland agglomeration. Th ...
Townsville AirportMount Isa Airportan
Longreach Airport
The fund also owns a stake in the
Stockholm Arlanda Express train in Sweden
Flinders Portsin South Australia, and in Victoria,
Port of Geelong
The Port of Geelong is located on the shores of Corio Bay at Geelong, Victoria, Australia. The port is the sixth-largest in Australia by tonnage.
Major commodities handled by the port include crude oil and petroleum products, export grain an ...
and the
Peninsula Link
Peninsula Link (Frankston Bypass) is a freeway that completes the missing sections of the Mornington Peninsula Freeway, running from the EastLink interchange at Seaford, Melbourne, running along the eastern fringe of Frankston. It runs vi ...
toll road.
State Super owns energy assets in England includin
Yorkshire Waterand the
Northern Gas Networks and State Super is also part owner of Queensland’
AllGas distribution network
Key people
Chairperson: Nicholas Johnson
[Chairperson's biography - State Super website](_blank)
/ref>
Chief Executive Officer: John Livanas[CEO's biography - State Super website](_blank)
/ref>
External links
State Super
State Authorities Superannuation Scheme (SASS)
State Superannuation Scheme (SSS)
Police Superannuation Scheme (PSS)
State Authorities Non-contributory Superannuation Scheme (SANCS)
References
{{Reflist
Australian companies established in 1919
Financial services companies established in 1919
Superannuation funds in Australia