Originally founded in 1913 to provide retirement savings options for Queensland government employees, QSuper is now part of Australian Retirement Trust, one of Australia’s largest super funds, and members have come first for over 100 years. QSuper is part of a profit-for-members fund which does not have shareholders.
The Trustee credits the long-term performance of its superannuation products to its unique investment approach, with options for members to manage their own investments or let the Trustee handle it for them. The Trustee also believes in keeping its fees low and transparent to help keep its members satisfied.
In order to open a QSuper account, one of the following conditions must be met:
- Be employed by the Queensland Government or QSuper default employer
- Be a spouse of an existing QSuper member
- Be a child (under the age of 25) of an existing QSuper member
- Retired and aged from 60 up to your 80th birthday for a QSuper Lifetime Pension.
A spouse includes someone you are legally married to or in a de facto relationship with (including same sex partners). A child includes adopted children, step-children, and the children of your spouse.
If you do not meet the eligibility criteria above to open a QSuper account, you can still join Australian Retirement Trust, which is open to all Australians.