Your Trustee Board is required to act in the best interest of scheme members. The SAS Trustee Corporation (STC) is the Trustee of the group of closed NSW public sector superannuation schemes, the State Authorities Superannuation Scheme (SASS), the State Superannuation Scheme (SSS), the Police Superannuation Scheme (PSS) and the State Authorities Non-contributory Superannuation Scheme (SANCS). The combined assets of these schemes are known as the Pooled Fund. STC holds all assets of the Pooled Fund in trust.
The functions of the Trustee Board include the administration of the schemes, the determination of disputes, payment of benefits, and the investment and management of funds. The Trustee Board and each Director are covered by professional indemnity insurance.
The Directors of the Trustee Board are appointed by the Minister (currently the Treasurer of NSW). The Trustee Board consists of:
To be eligible for appointment as chairperson, a person must have significant knowledge of, and experience in, the conduct of superannuation schemes, investments, financial management of public administration and be independent of employers and employees and their respective interests. To be eligible for appointment as an employer representative, a person must have a knowledge of, and experience in, the conduct of superannuation schemes, investments, financial management or public administration.
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Dr Don Russell , Chairperson, |
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Rod Harty, Employee Representative, |
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Maree O’Halloran, Employee
Representative, |
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Ian Blair, Employer
Representative, |
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Michael Lambert, Employer
Representative, |
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Paul Scully, Employer
Representative, |
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Ron Davis, Employee
Representative, |
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Nick Lewocki, Employee
Representative, |
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Anne De Salis, Employer Representative, |
