Who is the employer default fund?

GESB is currently the default fund for most State Government employers. An employer default fund is the fund you pay your employees’ Superannuation Guarantee (SG) contributions to if they do not choose a fund.

We have over 85 years’ experience managing and administering the super and retirement savings of over 247,000 current and former public sector employees, which is valued at over $39 billion. As a not-for-profit member-focused organisation, we offer ‘value for money’ products and services. Our fees are below the industry median¹.

1 SuperRatings Smart database as at 31 December 2023. Based on an average balance of $50,000, fees for the My West State Super plan, the My GESB Super plan and the RI Allocated Pension Balanced plan are below the industry median. Fees includes administration, investment, and transaction fees and costs. Fees may change periodically.