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  • History of maritime workers' fight for a pension

About Maritime Super

Maritime Super was established on 1 March 2009 as a result of the merger between two maritime industry super funds, the Stevedoring Employees Retirement Fund (SERF) and the Seafarers Retirement Fund (SRF).

Continuing the tradition of providing comprehensive superannuation and retirement services to its members, Maritime Super is the largest super fund of its kind for maritime workers, helping members and their families achieve financial security and dignity in retirement.

Maritime Super is an industry fund run only to profit members, which means that any profit is returned to members through reduced fees and improved services.

Maritime Super has been created specifically for employers and employees of the maritime industry and their families, and is not open to the general public.

History

Both the  Seafarers Retirement Fund (SRF)1 and the Stevedoring Employees Retirement Fund (SERF)2 have a long, proud history of providing retirement security for maritime workers.

Over 40 years ago, the Waterfront Workers Federation won the right for waterfront workers to have a pension that was partly funded by employers and partly funded by the workers. Six years later, the Seaman's Union won that same right for seafarers.

Both were significant accomplishments for maritime workers, as they had traditionally needed to work to extremely old ages to earn enough income on which to survive. A pension provided them with a well-earned 'peaceful place in the sun'.

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1

Seafarers Retirement Fund (ABN 54 603 323 524) memberships were transferred to Maritime Super on 1 March 2009. The trustee of SRF is Seafarers Retirement Fund Pty Ltd (ABN 29 063 788 670)

2

Stevedoring Employees Retirement Fund became Maritime Super on 1 March 2009.