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News: Archived News

STC Appoints Chairman
[2nd April 2008]

Dr Don Russell has been appointed Chairman of the Board of STC - the Trustee of the State Super schemes - for five years.

Dr Russell’s extensive experience is both deep and broad ranging from global investment strategist; Australia’s Ambassador to the US; Principal Adviser to former Prime Minister Paul Keating; and Assistant Secretary Commonwealth Treasury.

Dr Russell is currently the Global Investment Strategist at BNY Mellon Asset Management Australia.

Prior to joining Mellon, Dr Russell was Executive Director with WestLB Mellon Asset Management (Australia). Dr Russell joined WestLB in 2001. WestLB Mellon Asset Management is a global asset management company jointly owned by WestLB AG, a German bank, and Bank of New York Mellon Corporation.

Between 1997 and 2000 Dr Russell was in New York with Sanford C. Bernstein, a US money management and research company. Between 1985 and 1993 and again in 1996 he was Principal Adviser to the Hon Paul Keating both during his time as Treasurer and Prime Minister. Between 1993 and 1995 he served as Australia’s Ambassador to the US in Washington. Dr Russell also worked for the Commonwealth Treasury joining as a cadet and was at various times a consultant to the World Bank, Bankers Trust, Westpac Bank and Counsellor in the Australian delegation to the OECD in Paris.

Dr Russell has a PhD from the London School of Economics, a MEc from ANU and a BEc (Hons) from Flinders University. Dr Russell also holds the Chartered Financial Analyst designation (CFA).


PSS Salary Sacrifice from 1 January 2008
[30th November 2007]

From 1 January 2008, PSS members can make their compulsory personal contributions to PSS as salary sacrifice contributions. PSS members will receive an information pack by mail explaining how it works. The following documents are included in the pack:

PSS Salary Sacrifice Flyer [pdf PDF Document]

PSS Concessional Contributions Cap Fact Sheet [pdf PDF Document]


Try the new PSS Salary Sacrifice Calculator
[30th November 2007]

PSS Members

Our new calculator shows you the effect of making salary sacrifice contributions to PSS.

PSS Employers

The calculator is designed to help you determine the total contributions you need to remit for an employee.

More information and links to the calculators...


New PSS Application Forms
[7 December 2007]

These new PSS Application Forms can be filled in online. Please note you must print them out and sign them before sending them in to Pillar. We currently cannot accept these forms via e-mail.

Application Form for Medical Discharge Benefit (PSS Member Form 11 12/07) [pdf PDF Document]
Application Form for Medical Discharge Benefit for a former member (PSS Member Form 12 12/07) [pdf PDF Document]
Application Form for an increase in a hurt on duty pension (PSS Member Form 14 12/07) [pdf PDF Document]


Permanent Impairment Benefit (s.12D)
[26th September 2007]

Benefit for Permanent Impairment resulting from HOD injury (s.12D) Fact Sheet
[pdf PDF Document]

Application Form for Permanent Impairment Benefit (s.12D)
[pdf PDF Document]


SSS Salary Sacrifice from 1 July 2007
[4th July 2007]

From 1 July 2007, SSS members can make their compulsory personal contributions to SSS as salary sacrifice contributions. SSS members will be receiving an information pack by mail explaining how it works. The following documents are included in the pack:

SSS Salary Sacrifice Flyer [pdf PDF Document]
SSS Concessional Contributions Cap Fact Sheet [pdf PDF Document]


Try the new SSS Salary Sacrifice Calculator
[4th July 2007]

SSS Members

Our new calculator shows you the effect of making salary sacrifice contributions into SSS.

SSS Employers

The calculator is designed to assist you to determine the total contributions you need to remit for an employee.

More information and links to the calculators...


Concessional Contributions Cap – SASS & PSS

All members who contribute to SASS or PSS will be receiving an information pack by mail explaining the new concessional contribution limits and how they affect members’ superannuation arrangements.

SASS Concessional Contributions Cap Fact Sheet [pdf PDF Document]
PSS Concessional Contributions Cap Fact Sheet [pdf PDF Document]

 


New procedures for PSS applications for an increase to a hurt on duty pension
[26th June 2007]

As a result of a review of the administrative procedures for assessing applications, the Trustee of PSS – SAS Trustee Corporation (STC) – now requires applications to be made on a new Application Form.

The Application Form with accompanying notes and a Fact Sheet are now available on this website for applications for an increase to a hurt on duty pension.

The Form has been designed to collect all the necessary information at the one time so a decision on entitlement to an increase can be made in a timely manner. The Form and accompanying documentation were prepared by STC with the assistance of the Police Association which endorses their use.

Application Form [pdf PDF Document]
Form notes [pdf PDF Document]
Fact Sheet [pdf PDF Document]


Medical Report documents for increase applications
[23rd August 2007]

PSS Medical Report - Form 14 [pdf PDF Document]
Template for PSS Medical Report - Form 14 [pdf MS Word Template]


Vocational Assessment Report documents for increase applications
[23rd August 2007]

PSS Vocational Assessment Report - Form 14 [pdf PDF Document]
Template for PSS Vocational Assessment Report - Form 14 [pdf MS Word Template]


Medical Report documents now available for medical discharge applications [26th June 2007]

PSS Medical Report - Form 11 [pdf PDF Document]
PSS Medical Report - Form 12 [pdf PDF Document]



New procedures for PSS invalidity and medical discharge applications [May, 2007]

As a result of a review of the administrative procedures for assessing applications, the Trustee of PSS – SAS Trustee Corporation (STC) – now requires applications to be made on the new Application Forms from 2 July 2007.

Read the full story…


Try our new SASS Salary Sacrifice calculators
[20th February 2007]

SASS Members

Our new calculator shows you the effect of making salary sacrifice contributions into SASS. 

SASS Employers

The calculator is designed to assist you to determine the total contributions you need to remit for an employee.

More information and links to the calculators...


Cross City Tunnel – no future impact on investment returns [27th November 2006]

Recently there has been media coverage on the Cross City Tunnel in Sydney and the impact that this investment might have on the members of the superannuation funds, which invested in the Tunnel project. Read the full story…


SASS Salary Sacrifice – available from 1 April 2007 [25th October 2006]

The Superannuation Legislation Amendment Act 2006 included amendments to the SASS legislation that will enable you, from 1 April 2007, to pay your compulsory personal SASS contributions as Salary Sacrifice contributions.

View the SASS Salary Sacrifice information flyer... [pdf PDF Document]


Amendments to Police Regulation (Superannuation) Act
[30th August 2006]

On 30 June 2006, amendments were made to the Police Regulation (Superannuation) Act 1906.   PSS Fact Sheet 8 provides a summary of the amendments which may affect PSS members.  View the Fact Sheet... [pdf PDF Document]


 

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