Getting the most out of our AMM: Are you in an Accumulation or Defined Benefit fund?

At CSC, our customers fall into two broad groupings—those in Accumulation funds and those in Defined Benefit (DB) funds.

At our AMM, we will be discussing what our investment performance means for each of these two groups. To help you get the most out of this discussion, we would encourage you to familiarise yourself with your own fund, and the category it falls under.

Please note that information at our AMM will be more focused on those in Accumulation schemes, due to customers in these schemes being more impacted by the current investment landscape.

In Accumulation funds, money adds up in your super account from contributions and investment earnings. Contributions can include payments from your employer, or money you add from your pre- or post-tax salary. CSC’s Accumulation funds are PSSap and ADF Super.

For DB funds, the final amount that you receive is based on a formula, instead of accumulated contributions and investment earnings. Each fund has a slightly different formula. PSS is a DB fund. CSS and MilitarySuper are hybrid schemes, meaning they are part Accumulation, part DB.

Find out more information about our super funds and products and our defined benefit funds.

Keep the retirement of your dreams in focus

Keen to do more to ensure you’re on track for the retirement you’ve been dreaming of? This year our Education Team will be running a series of public webinars during the week of the AMM. Check back here closer to the date for more details.

We encourage you to get acquainted with some of our other resources:

• Watch some videos

  Our video resource library has a collection of videos and recorded webinars to support you to learn more about managing and maximising your super.

• Predict your pension with i-Estimator (PSS)

  Our retirement calculator, i-Estimator, can give PSS members a picture of what your pension may look like and when you may be able to conclude working. Log into your account and enter your details to get an estimate of your net income into retirement.

• See how your super stacks up

  Enter your details into our interactive Benchmark Calculator to see how your super stacks up against your peers. If your balance is higher, you’re on the right track. If your balance is lower, find out how you can make additional contributions.

• Read about our Retirement Income Strategy (RIS)

  If you’re about to retire, or have retired and are accessing your super, our new Retirement Income Strategy (RIS) has been designed for you. Put simply, it is a framework that will govern and drive an expanded range of product and service offerings for CSC customers who are retired, or about to retire.

  Investment Magazine recently reviewed the superannuation’s response to providing a RIS, with CSC’s strategy drawing favourable responses. Our Retirement Income Strategy Investment Magazine's review.

Join our communities

3rd Act Community

As you think, dream or plan your way towards retirement, our 3rd Act Community can help inspire and guide you. Get access to resources, guidance and information. 3rd Act Community

3rd Act Community

Vets Hub

The Vets Hub is another source of information and guidance, with regular financial wellbeing information specific to veterans and their families.

Vets Hub