Lump Sum Scheme
Welcome to the Lump Sum Scheme
The Lump Sum Scheme is the super scheme for SA public sector employees who elected to contribute to the scheme after 1 July 1988 and before 3 May 1994.
The Lump Sum Scheme is an ‘unfunded defined benefit’ scheme and members enjoy the following benefits:
- Lump sum entitlements payable upon
- Retirement, retrenchment or resignation
- Temporary disablement or total and permanent disablement
- A wide range of services including seminars.
Your super is made up of an Employer Component and a Member Component and you have a choice of eight different investment options for your Member Component.
Being a Lump Sum Scheme member also gives you access to two great Super SA post retirement products – the Super SA Income Stream and Flexible Rollover Product – which have been recognised as outstanding performers amongst funds by ratings organisations.