Local Government Super

local government super logo

Local Government Super is a specialist provider of superannuation and account-based pension products for all members of the community.

Types of Local Government Super accounts

Local Government Super offers three retirement-related products to choose from:

Corporate super arranged by an employer for their employees to use
Personal super available for individual employees
Account-based pension converts superannuation into regular income payments for retirees and workers in the transition to retirement (TTR) stage

There are a lot of benefits available to Local Government Super members who have a personal super account, including:

Competitive investment performance
Responsible and sustainable investment
Flexible investment options
Low cost and transparent administration fees
Insurance in super available for death cover (life insurance), and total and permanent disability (TPD) cover
Over-the-phone financial advice available
Easy online account access
Access to ME Bank’s Member Benefits Program, which gives members special interest rates on
home loans, credit cards and everyday banking
Discounts on HCF Private Health Insurance premiums

Eligibility to join Local Government Super

To sign up for a superannuation account with Local Government Super, 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/month before tax from an employer

If you are under the age of 18, but earning more than $450/month before tax, you must be working more than 30 hours per week to qualify for super.

How to join Local Government Super

If you satisfy all of the above eligibility criteria, then you can apply to join Local Government Super. You can sign up for a Local Government Super account by clicking on its products in Canstar’s superannuation comparison tables and then sign up online on its website, or call 1300 547 873 (available Monday to Friday between 8.30am and 5 pm).

Be sure to compare super funds on the Canstar website and check our choosing a super fund checklist before signing up for a particular superannuation account:

Compare Super Funds

Local Government Super FAQs

Yes, Local Government Super has a dedicated online portal for its super fund members. You can view your account balance online, access statements for your account, download super fund information and more. Access the online portal here.

The money in your Local Government Super account is invested by your super fund. It offers a variety of investment options including pre-mixed, sector and direct investment options. There are a whopping 8 different fund options to choose from with Local Government Super:

Sustainable Australia Shares
High Growth
Growth
Defined benefit Strategy
Balanced Growth
Balanced
Conservative
Cash

When choosing an investment option, it is important to take into account your investment timeframes and goals, and your personal risk tolerance for market fluctuations. Learn more about how to choose between different investment options on the Canstar website.

The table above shows the total fee cost per year to have a super account with Local Government Super. Compare these fees to the average super fund fees on our database, as it’s important not to let your super be eaten away by fees before you retire.

Yes, Local Government Super offers a consolidation service for members who have super in other funds.

It’s important to check with your old super funds for information regarding costs such as exit fees and insurance cover you may lose if you switch super funds. If you have any questions or concerns about the rollover process, give Local Government Super a call on 1300 547 873.

Be sure to check these nine things on your superannuation statement:

Personal details are up-to-date
Nominated beneficiaries are up-to-date
Tax File Number (TFN) is recorded
Super contributions from employer and/or your voluntary contributions are correct
Investment asset class choices are appropriate for your life stage
Amount paid in fees for the year is not too high
Insurance in super is still adequate coverage for your needs
Super is consolidated, after checking whether there is insurance or any other benefits attached to the account you may lose and you’re comfortable to do so
The big picture – are you happy with your super fund overall?

Established in 1997, Local Government Super was traditionally made for employees, spouses and family members of the NSW local government employees. It is now an open super fund which means those outside the government can still enjoy its great member benefits and ethical investments.

As an industry super fund, Local Government Super is a not-for-profit organisation that exists for the benefit of members. Its goal is to maximise retirement benefits for members.

By providing quality superannuation, retirement, education and financial services for members, Local Government Super is proud to be one of the lowest cost super funds on the market.