APSS merger education webcast to follow successful on-site sessions
A series of member education sessions, organised at the request of the Union, have been run for members in the Australia Post Superannuation Scheme (APSS). Following the APSS merger with Australian Retirement Trust (ART) at the end of April, the sessions have kept members informed and updated throughout the transition. The sessions are leaving members with a better appreciation of their new super choices in ART, service enhancements and rewards, while reassuring them that the benefits they enjoyed pre-merger continue in the APSS within ART.
A total of 22 face-to-face education sessions have now been run, between May and July, attended by more than 650 members.
The sessions confirmed that the APSS defined benefit does not change in ART. The defined benefit formula does not change and Australia Post’s support and funding of the defined benefit, administration fees and death and total and permanent disablement cover continues. The sessions also cover ART’s expanded services and benefits to members, including:
- a much wider range of investment choices,
- guidance and advice on your super account and optimising your APSS account within ART,
- a new ART ‘app’ to view your super balance and transactions at anytime, and
- a range of retail rewards for ART members.
We also encourage members who may be thinking about their retirement plans to take advantage of ART’s online education sessions – including a free 90-minute retirement webcast for Australia Post employees on Thursday 27 October, starting at 7.00pm. Register for this free seminar using the QR code below. The webcast will take members thoroughly through what you can be doing now with your APSS super to prepare for an adequate retirement.
The Union supports ART’s efforts to keep you updated and informed about your super and encourages you to keep learning and asking questions about your super. The Union will also continue to champion your needs, carefully monitoring ART’s ongoing service delivery, as well as Australia Post’s commitments. National Secretary Greg Rayner and former WA Branch Secretary Bryan Watkins remain actively involved to ensure members’ interests continue to be paramount.
For more information about your APSS within ART account, login at portal.australianretirementtrust.com.au/apss or call ART on 13 11 84 or contact your State Branch Official.
