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Southern State Superannuation Scheme

Functional responsibility

The Southern State Superannuation Scheme (the Scheme) was established on 1 July 1995 by the Southern State Superannuation Act 1994 and is continued under the Southern State Superannuation Act 2009.

The Scheme is an accumulation scheme that provides superannuation and other products and services for the benefit of persons employed, or who have ceased employment, with the SA Government.

The South Australian Superannuation Board is responsible for administering the Scheme. The Department of Treasury and Finance – State Superannuation Office provides services to administer the Scheme.

Financial statistics
Contribution revenue: $1.3 billion
Liability for accrued benefits: $12.7 billion
Benefits paid and payable: $1.2 billion
Number of members: 176 038

Financial statement opinion