Government announcement regarding administration arrangements for Australian Government superannuation schemes
The Hon Lindsay Tanner MP, Minister for Finance and Deregulation and Senator Nick Sherry, Minister for Superannuation and Corporate Law, today released a joint media release in which they announced a package of reforms to improve and consolidate governance and administration of Australian Government superannuation schemes including the PSSap, PSS and CSS.
As part of the announced changes, on 1 July 2010, ARIA (the Trustee of the PSSap, PSS and CSS), the Military Superannuation and Benefits Scheme (MSBS) and the Defence Force Retirement and Death Benefits Scheme (DFRDB) will merge to form a single trustee board.
For more information see the joint media release from the Minister for Finance and Deregulation and the Minister for Superannuation and Corporate Law.
