Working outside the Maritime Industry
Just because you're leaving the maritime industry doesn't mean that you have to leave Maritime Super. Maritime Super accepts contributions from members and employers (in certain circumstances) operating outside the maritime industry.
Maritime Super gives you the option to keep your benefit with us for as long as you wish. This means that you can continue to enjoy the benefits of solid returns, low fees and a wide range of products and services to suit your needs.
But most importantly, you can remain with the super fund you know and trust.
Leaving the maritime industry?
Even though you are no longer employed in the maritime industry, you can arrange for your new employer to contribute to Maritime Super.
If you are an existing member of the Stevedores division, Accumulation Standard allows you and your new employer to make super contributions to Maritime Super. Alternatively, you can keep your benefits in the Retained Benefits category (Stevedores division) where you can continue to contribute to your super.
If you are an existing member of the Seafarers division or Maritime Super division, contact Member Services for information about how we can accept contributions from you and your new employer.
Family of an existing member?
If you are family of an existing member of the Stevedores division of Maritime Super and you have an employer who would like to participate in the Fund (and contribute for you), Maritime Super's Accumulation Standard category may be right for you.
Learn more about Accumulation Standard.
If you are the spouse (including an opposite sex or same-sex de facto partner) of an existing member of the Stevedores division and you are not working or your employer doesn't want to participate in Maritime Super, your spouse may be able to nominate you for membership.
Learn more about Spouse Accounts (Stevedores Division)
If you are the spouse (including an opposite sex or same-sex de facto partner) or child of an existing member of the Seafarers division or Maritime Super division your spouse or parent (as relevant) may be able to nominate you for membership. Once accepted as a member, your employer may also contribute to Maritime Super for you.
Learn more about the Spouse Account (Seafarers Division) or Spouse Account (Maritime Super Division) and Children's Account(Seafarers Division) or Children's Account (Maritime Super Division)
Please note: Spouse Account members, Children's Account members and Retained Benefits members whose benefit arose under a payment split are not able to nominate others for membership.
Nearing retirement?
Have you reached a point in life where you'd like to cut back your work hours and enjoy life more, but you don't want to cut back on the income you have been receiving?
The Working Income Support Pension (WISP) allows you to reduce your working hours and supplement your income in the form of a pension.
Learn more about the Working Income Support Pension.
Retired?
Income streams, like an Allocated Pension, provide you with a regular income from your superannuation savings during retirement.
Allocated Pensions are quite flexible as you can:
- choose how much and how often to receive payments (although you will need to receive the Government's prescribed minimum each year)
- decide how to invest your account balance - Maritime Super offers a range of options
- avoid paying tax on investment earnings; and
- not pay any tax on pension payments or commutations as long as you are 60 or more.
Learn more about the Allocated Pension.
Deciding whether a Maritime Super product is appropriate for you is an important decision and we suggest you consult a licensed financial planner. Member Services can put you in touch with a qualified financial planner.