Governance
SAS Trustee Corporation (STC) has adopted a corporate governance framework for administering and managing the Pooled Fund on behalf of members and participating employers. STC maintains a series of policies and procedures designed to ensure effective and ethically sound corporate governance, including a Code of Conduct for Board members and STC staff, privacy policies and NSW Government policies.
As a NSW Government body, STC must comply with the governing legislation for its schemes. In addition, STC complies with the NSW Government Information (Public Access) Act 2009 (GIPA Act), which requires STC to provide information about STC's policies (including NSW Government, governance and investment policies), scheme legislation, access to information under the GIPA Act and relevant documents tabled in Parliament.
Policies
Accessible below are some of STC's corporate policies, including governance and investment.
| Policies | Date of Issue |
|---|---|
| Board Charter | April 2023 |
| Board Renewal Policy | August 2023 |
| Climate Change Statement | August 2022 |
| Code of Conduct and Ethics | February 2020 |
| Complaint and Dispute Resolution Policy | August 2021 |
| Conflicts Management Policy | April 2023 |
| Data Breach Policy | November 2023 |
| Diversity and Inclusion Policy and Plan | May 2021 |
| Fit and Proper Policy | August 2021 |
| Gifts and Benefits Disclosure | June 2024 |
| Investment Governance Framework | June 2024 |
| Investment Policy Statement | June 2024 |
| Prevention of Sexual Harassment at Workplace Policy | February 2024 |
| Privacy Statement | December 2023 |
| Public Interest Disclosures Policy | December 2023 |
| Records Management Policy | January 2021 |
| Responsible Investment Policy | August 2022 |
| Scheme Policies | November 2018 |
| Statement of Commitment to control fraud and corruption | March 2018 |
| Stewardship Statement | August 2022 |
| Tax Transparency Report | June 2023 |
Scheme Legislation
STC complies with Commonwealth legislation on superannuation and specific NSW Government legislation that applies to its schemes. The following legislation applies to each of STC's schemes.
State Superannuation Scheme (SSS)
Superannuation Regulation 2016
State Authorities Superannuation Scheme (SASS)
State Authorities Superannuation Act 1987
State Authorities Superannuation Regulation 2020
Police Superannuation Scheme (PSS)
Police Regulation (Superannuation) Act 1906
Police Superannuation Regulation 2020
State Authorities Non-contributory Superannuation Scheme (SANCS)
State Authorities Non-contributory Superannuation Scheme Act 1987
State Authorities Non-Contributory Regulation 2020
The SAS Trustee Corporation (STC) has discretion in relation to a number of sections of the Acts. In this regard, STC has formulated a STC policy register to assist the relevant decision maker in applying the Acts in a consistent manner.