Triple S

Triple S

For over 25 years, the Triple S Scheme has been providing South Australian public sector workers with a range of benefits to enjoy. 

 

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Competitive administration fees and costs1

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Competitive 10-year return of 8.27% p.a.2

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No annual cap on salary sacrifice contributions3

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A socially responsible investment option is available5

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You can consider early retirement from 556

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Here to help you seek financial advice when you need it7

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Dedicated fund for SA public sector workers

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120 years' experience managing your super

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Proudly South Australian owned and operated

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Personalised Member Centre in the Adelaide CBD

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Award-winning services

 

Investment options

The Triple S Scheme offers a range of investment options to suit everyone’s needs. Each option is designed to achieve different investment objectives putting you in control.

The Balanced investment option is the default option. However, this may not necessarily be the right option for you.

You can choose:
  • One or a combination of investment options
  • Invest future contributions, and existing balance, into different options

Learn more >

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Insurance

Most Triple S members will be provided automatically with Income Protection and Death and Total and Permanent Disablement (TPD).

Income protection

You may receive up to 75% of your notional salary as income if you become ill or injured and are unable to work8. Premiums are deducted from your superannuation account balance.

Find out more >

Death and TPD

You have a choice in the level of your Death and TPD Insurance. Most members can increase8, decrease or cancel their Total & Permanent Disablement and/or Death Insurance at any time up until you’re 70. Premiums are deducted from your superannuation account balance.

Find out more >

 

Accessing your super

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Transition to Retirement

If you’re approaching or have reached your Commonwealth Government age9, you may have considered how you’ll access your super.

Find out more >

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Flexible Rollover Product

Consolidate your super and savings in a tax-effective environment. Further grow your super while you’re making decisions about your future.

Find out more >

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Early access

If you need to access your super early due to difficult circumstances, you may qualify for an early release of benefit under financial hardship or compassionate grounds.

Find out more >


Frequently asked questions

  • Triple S stands for the Southern State Superannuation Scheme. The Triple S Scheme has been the super scheme for South Australian Government employees since 1 July 1995.
  • At Super SA, we can open a Triple S account for your spouse (or putative spouse) if you’re an active Triple S member yourself.

    Making contributions to your spouse’s account could make a difference to both of your retirement savings, especially if your spouse is not working or on a low income. Find out more about eligibility here.

  • A contribution split lets you split your employer and salary sacrifice contributions with your spouse10 - but only within the Triple S Scheme. You cannot split into other super funds.

  • Temporary residents can be employed in the South Australian Public Sector and contributions will be directed to Super SA’s Triple S Scheme.

    If you held an eligible temporary citizen visa and are returning home on a permanent basis you are most likely able to claim your entitlement (New Zealand and Australian citizens are unable to claim their entitlement upon leaving Australia unless you have met other conditions of release).

    If you are 55 years of age or more and wish to claim your entitlement complete either of these forms:

    To claim your entitlement please complete these two forms:

    • Triple S Withdraw Your Super form, and the
    • Departing Australia Superannuation Payment (DASP) online application, available on the Australian Taxation Office (ATO) website.

    Return the Triple S Withdraw Your Super form and include proof of identity11 to Super SA. 

    You are only able to claim your entitlement once you have left Australia and your benefit can only be paid once Super SA has received confirmation from the Australian Taxation Office or Department of Home Affairs that your application has been accepted.

    Different tax rules apply to amounts paid as a result of DASP claims.

  • Moving on

    If you take a Targeted Voluntary Separation Package (TVSP) your entitlement will depend on your age.

    Under 55

    If you are under 55, you can either:

    Further information on your options can be found in the Triple S PDS.

    You may also claim your super if you held a temporary resident visa and have permanently left Australia10.

    Over 55

    If you are over 55 you have the following options for your super balance:

    It’s important you are aware that your Co-contribution Account and any part of your Rollover Account that was subject to preservation before it was rolled into Triple S will still be subject to Commonwealth Government preservation rules. This means that, depending on your age and circumstances, you may have to wait longer to access this portion of your entitlement.

    Before claiming your entitlement you should consider the benefits of investing in the Super SA Income Stream, so that your money can keep growing as you transition to and throughout your retirement.

    You should also consider getting some professional financial advice to help you make the right decisions for your circumstances.
  • Moving on
    If you resign from the SA public sector before age 55 (50 for police officers) you have the following options for your account:

    You can either:

    You may also claim your super if you held a temporary resident visa and have permanently left Australia.

    Further information on your resignation options can be found in the Triple S PDS available below.

    It’s important you're aware that your Co-contribution Account and any part of your Rollover Account that was subject to preservation before it was rolled into Triple S will still be subject to Commonwealth Government preservation rules. This means that, depending on your age and circumstances, you may have to wait longer to access this portion of your entitlement.

    If you choose to preserve your super in Triple S, it will remain preserved until you claim your entitlement. At age 55, you can claim your Triple S preserved entitlement10, however access to any amounts subject to Commonwealth Government preservation rules remains governed by those rules.

    You should complete either a Transfer your super form or Withdraw your super form within 3 months of resignation to inform Super SA of your decision.

    Regardless of your age or when you resign, your preserved entitlement can be rolled over into a complying super fund, like the Super SA Flexible Rollover Product, at any time.

    You should also consider getting some professional financial advice to help you make the right decisions for your circumstances.

  • In response to the Commonwealth’s Protecting Your Superannuation (PYS) Package, Super SA has introduced a number of measures aimed at protecting low-balance accounts from being eroded by fees, and helping you keep track of any inactive or lost super. 

    Learn more about Super SA's response to the Commonwealth’s Protecting Your Superannuation (PYS) Package here.

 

Learn more

1 Administration Fees for Triple S ranked less than the industry median for the year ending 30 June 2022 according to Chant West annual survey. A 0.05% p.a. operational risk reserve fee that is deducted from your investments was introduced on 1 November 2022.
2 Triple S Balanced (the default investment option) ranked above median to 30 June 2022 according to Chant West. Returns are net of investment fees (administration fees apply). Past performance is not a reliable indicator of future performance.
3 Concessional contributions include standard employer contributions and salary sacrifice contributions. A lifetime untaxed plan cap ($1.65m in FY23) applies to concessional contributions made to Triple S. Refer to the Triple S Product Disclosure Statement (PDS) for further information. If you also receive concessional contributions in a taxed fund, any concessional contributions made to Triple S will be counted towards your annual concessional contributions cap.
4 Subject to being eligible for Death, Total and Permanent Disablement (TPD) or Income Protection (IP) cover through Triple S. If you wish to increase your cover you will need to provide health and medical information. Cover may be subject to limitations. Changes to your insurance will have an impact on your insurance premiums. See the Triple S PDS available at supersa.sa.gov.au for further information.
5 For more information about Super SA’s Socially Responsible investment options, please see the relevant Investment Guide available at supersa.sa.gov.au.
6 Subject to leaving public sector employment. If you access your super earlier than your Commonwealth preservation age, you will need to pay additional tax and this may be detrimental to your retirement savings.
7 The superannuation schemes administered by Super SA are exempt public sector superannuation schemes and are not regulated by the Australian Securities and Investments Commission (ASIC) or the Australian Prudential Regulation Authority (APRA). Super SA is not required to hold an Australian Financial Services Licence to provide general advice about a Super SA product. The information in this publication is of a general nature only and has been prepared without taking into account your objectives, financial situation or needs. Super SA recommends that before making any decisions about its products you consider the appropriateness of this information in the context of your own objectives, financial situation and needs, read the PDS and seek financial advice from a licensed financial adviser in relation to your financial position and requirements.
8 Subject to eligibility.
9 Commonwealth preservation rules are different from preservation rules in Triple S. You need to be aware of this if you are rolling money out of Triple S and into the Super SA Flexible Rollover Product or another super scheme. Police officers can access their employer and member accounts at age 50 or over if they have retired from SA Police. Other SA government employees can access their employer and member accounts at age 55 if they have retired from the SA public sector. For further information on tax components and how Commonwealth Government preservation age can affect taxation of a benefit payment please refer to the Triple S Reference Guide.
10 Tax may be payable on withdrawal.
11 Super SA must be able to verify your name and either your date of birth or your residential address from an original document, a certified copy or a certified extract from an original copy. For more information see the Proof of Identity fact sheet, available on this website.

The superannuation schemes administered by Super SA are exempt public sector superannuation schemes and are not regulated by the Australian Securities and Investments Commission (ASIC) or the Australian Prudential Regulation Authority (APRA). Super SA is not required to hold an Australian Financial Services Licence to provide general advice about a Super SA product. The information in this publication is of a general nature only and has been prepared without taking into account your objectives, financial situation or needs. Super SA recommends that before making any decisions about its products you consider the appropriateness of this information in the context of your own objectives, financial situation and needs, read the Product Disclosure Statement (PDS) and seek financial advice from a licensed financial adviser in relation to your financial position and requirements. 

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