Accumulation account
Access more flexible contribution and investment options with PSS accumulation plan (PSSap).
A note on eligibility
You may not be eligible for this product based on your selected scheme. A personal accumulation account through PSSap is available to eligible CSS and PSS members. You may be interested in a MilitarySuper Ancillary account.
What does a personal accumulation account offer?
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Make superannuation guarantee contributions from a non-APS employer
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Make salary sacrifice contributions
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Rollover or transfer super from other funds, including any Post 95 transfer amounts in PSS
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Make personal and other eligible contributions
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Access lifePLUS cover
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Choose your beneficiary
What does it cost?
We're non-profit and only charge the fees necessary to operate the fund. This means significant net benefit for your savings, and more in your account for retirement.
What are the risks of investing in an accumulation super fund like PSSap?
Eligibility
To join PSSap as an Ancillary member, you must have been employed by an eligible employer for a minimum of 12 continuous months, and:
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be a Contributing or Preserved PSS or CSS member; or
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had been a Contributing PSS or CSS member at any time on or after 7 March 2021.
Strong investment performance
PSSap has received the highest SuperRatings Platinum Performance award for strong investment performance for 16 years straight.
Awards and innovationBetter retirement security
Our default balanced option is designed to maximise the likelihood that you'll achieve a comfortable retirement income standard – as recommended by our industry association.
Investment dashboardFlexible insurance
lifePLUS cover includes Income Protection, Death and Total Permanent Disability insurance. Want more or less cover? You can change your insurance to better meet your needs.
lifePLUS coverWith you for life
PSSap can be your super fund wherever your career takes you, even if you leave the APS. New job, same great super fund.
Changing jobsWe’re your guide
Access free education to help you make the most of your super through webinars, videos and seminars, as well as financial planning to help guide you through your questions.
Advice and resourcesHere for you
Our goal is to deliver better retirement outcomes. As one of Australia’s first super funds, we’ve partnered with millions of Australians to grow their savings for retirement.
Why CSCInvestment Options
You can choose to invest in a single option or split your investment strategy across multiple options. The risk profile for each option can be found below. As a PSSap member, you will have access to four investment options:
Cash
Our Cash Option reduces risk by investing all your funds in cash assets.
Income focused
This option may be suitable for those who prefer less risk. The minimum suggested timeframe for holding this option is five years.
Balanced
This option may be suitable for those prepared to take more risk in exchange for potentially higher returns on their investment over the medium-to-long term. The minimum suggested timeframe for holding this option is 10 years.
Aggressive
This option may be suitable for those prepared to take more risk in exchange for potentially higher returns on their investment in the long-term. The minimum suggested timeframe for holding this option is 15 years.
Insurance
When you open an accumulation account, you have the option to apply for Death, Total and Permanent Disablement and Income Protection through PSSap lifePLUS insurance. PSSap lifePLUS offers cover that is not available in your defined benefit.
Find out more
We’re here to help, if you have any questions about PSSap email us at members@pssap.com.au or call us on 1300 725 171.
If you have questions about your defined benefit account, you can contact us.
PSS 'Post 95' accumulation
PSS is a Defined Benefit, this means your final benefit is determined by a formula. You also have an accumulation portion, for simplicity we call this the ‘Post 95’ transfer amount.
Read more about PSS 'Post 95' accumulation