Accumulation account

An Accumulation account allows you to actively participate in the growth of your super and select investments that suit your attitude to risk and return.

Key features

• Investment choice
  You can choose from nine investment options, which range from lower risk/lower return to higher risk/higher return.
• Great value
  With our Accumulation account, you pay one low fee - there are also no entry fees, no exit fees, and no commissions!
• Flexibility
  Consolidate any other super into your Accumulation account, and switch your investment option at no charge.
• Changing jobs?
  You can stay with QSuper as we accept contributions from both Queensland Government and non-Queensland Government employers.
• Income protection insurance
  Pay an age-based premium to cover up to 75% of your salary during periods of short-term incapacity.
• Death and total and permanent disability insurance
  You never know what's around the corner, so it's important to know you and your dependants are able to cope if you become disabled or die.

How much do I contribute?

As a new QSuper member employed by the Queensland Government or related entity, you'll start making a 5% (6% for police officers) standard contribution of your base salary into an Accumulation account, while your employer contributes 12.75% (18% for police officers). You can pay less, however this means that your employer will also pay less. There are different arrangements that apply to casual employees. Please refer to the Accumulation Account Product Disclosure Statement (pdf) to find out more.

Please note: police officers have different contribution rates.

If you are employed by a non-Queensland Government employer you are not required to make a standard contribution. These employers are only required to contribute the legislated super guarantee amount (currently 9% of your salary).

How is my retirement benefit calculated?

Your benefit is simply contributions and investment returns, less fees, tax, and insurance premiums.