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Energy Industries Super Scheme Superannuation
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Types of EISS Super accounts
EISS Super offer superannuation solutions to three main groups – members, employers and pensioners.
A corporate fund is typically arranged by an employer for their employees to use, a personal fund can be a more flexible option, and pension payments convert your super into regular income payments. There are a lot of benefits coming from being a member of an EISS super fund, including:
- Competitive investment performance
- All profits returned to, or for the benefit of members
- Flexible and cost effective
- Protected online account access
- Income streams for retired members
- Over-the-phone financial advice
- Total and Permanent Disability (TPD) Cover
- Death Cover
Eligibility to apply for an EISS superannuation account
To apply for any of the EISS super funds, you must be able to satisfy the following criteria:
- You must be an Australian resident
- You must be over 18 years of age
- You must be earning at least $450 before tax per month from an employer
If you are under the age of 18, but earning more than $450 before tax per month, you must be working more than 30 hours per week to qualify for super.
How to apply for an EISS super fund
If you’ve satisfied the above criteria, you are eligible to apply for a super fund. The first step in applying for an EISS super account is choosing the type of membership that best suits you. Ask yourself the following questions:
- “Am I still working, and not yet ready to retire?” – Join as a super member
- “Am I about to retire or have already retired?” – Join as a pension member
- “Am I contributing for employees?” – Join as an employer
Once you’ve made a decision, you can either sign up online, in one of its many branches or utilise the live chat option on its website.
