When you leave Telstra or a related company, your super’s automatically transferred into TelstraSuper Personal Plus. You'll continue to enjoy uninterrupted TelstraSuper membership.
However, there will be some changes to your super account.
Here's some key things to think about with your new super account when you’re starting a new job.
When you start a new job your employer will nominate a super fund for you if you don’t make a choice. You can continue to receive the benefits of being with Australia’s largest, multi award winning corporate super fund throughout your career by staying with TelstraSuper and it’s easy to do.
Simply fill in our online choice form and we’ll send your new employer an email with the details they need to pay your contributions into your TelstraSuper account.
Already have a form?
If your employer provided you with a form here's some important information you may need to complete it:
|Fund Name||Telstra Superannuation Scheme|
|ABN||85 502 108 833|
|Phone number||1300 033 166|
If you have income protection cover and you want to maintain it in your Personal Plus account you need to:
- provide details of your new salary and occupation; and
- receive an employer contribution from your new employer; and
- complete and return the Continuing Income Protection form.
All of these steps need to happen within 120 days of you leaving your former employer.
Now may also be a good time to review your death and disability cover. Any cover you had will be transferred over to your new Personal Plus account, and you will now have to pay premiums for the base cover. If you have top-up cover, these premiums will continue to be deducted from your account at the end of each quarter as usual.
When you receive a redundancy payment you might like to consider putting some of that money into your super. You can do this as a post-tax contribution after you receive your payment but don’t forget that there are limits on how much you can contribute into super.
There are options for boosting your super:
You can see the difference extra contributions will make by visiting your personalised retirement income projector in your online account. Just log in to see how much difference extra contributions may make to your final balance.
One of the benefits of being a member of TelstraSuper is access to advice about your super account over the phone at no additional cost. TelstraSuper Financial Planning can help you work through your insurance, investments and look at how best to boost your super. To speak with an adviser call 1300 033 166 or request a call by filling in the online form.