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 and friends 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. On 11th August 2010, it became a public offer fund. This means that while it continues to look after maritime workers, membership is now open to:
- former members who wish to rejoin
- self-employed maritime workers, and
- all family members and friends nominated for membership by an existing member.
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. |