Who we are
We put our members first and advocate for you when it comes to your super and insurance. Our members trust us to look after their super and support them in making informed decisions about their super.
Our name, GESB (pronounced ges-bee - ges as in guess), stands for the Government Employees Superannuation Board.
We're the largest super fund based in WA1
We have around 247,000 members and over $39 billion in funds under management (as at 31 March 2024). Under our state super regulations, we can only accept employer contributions from WA public sector employers.
We’re well regarded by our members, employers and peers1. We deliver competitive long-term investment returns2 designed to meet our objectives, and our low fees3 mean more of our members’ money stays invested in their future.
At GESB, we have over 85 years' experience managing the super savings of current and former public sector employees.
Our purpose and values
Our purpose is to help members achieve a quality retirement. We do this by responsibly managing their retirement savings, delivering strong long-term investment returns and offering relevant support so they can make informed decisions.
As an organisation, we stand for the below values and keep them at the centre of everything we do:
Members first
We are committed to providing excellent super and retirement products and services that meet our members' needs. This includes meeting the needs of members who might need help with accessing information about their super, and the unique needs of our Aboriginal and Torres Strait Islander members and employees.
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Sustainable performance
We are committed to consistently delivering well-regarded, value for money products and services with performance that meets objectives.
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Achieve together
We partner with our members, the WA Government, employers and other stakeholders to successfully deliver on our purpose.
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Act with integrity
We approach every aspect of our work ethically and operate transparently with full accountability. We demonstrate our sense of responsibility by taking ownership of issues to ensure a satisfactory outcome.
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Rainmaker ESG Leader Rating 2023
Out of almost 110 funds, GESB was one of only 16 to receive an ESG Leader Ratings for 2023.
This is the second year in a row we have been recognised for implementing ESG principles to a high level with a track record of strong investment performance.
Rainmaker AAA Quality Rating 2023 – GESB RI Allocated Pension
GESB RI Allocated Pension has been recognised for its quality and outstanding results across benchmarks including organisational strength, administration, communications, investment mix, investment performance net of fees, charges and tax, investment processes, insurances and extra services offered.
Rainmaker AAA Quality Rating 2023 – GESB Super
GESB Super has been recognised for its quality and outstanding results across benchmarks including organisational strength, administration, communications, investment mix, investment performance net of fees, charges and tax, investment processes, insurances and extra services offered.
Providing excellence in superannuation
These ratings have been a symbol of excellence among superannuation funds for more than two decades. They are an independent stamp of approval by one of Australia’s leading financial services research companies, Rainmaker Information.
Our business overview
At GESB, we manage super and retirement accounts on behalf of our members, which together form the Government Employees Superannuation (GES) fund. We deliver cost-effective and trusted products, including insurance, and services to members, employers and the state of WA.
As a statutory authority, and as part of our role as a public sector fund, we provide information, assistance and policy advice to the Treasurer on super related matters.
Our schemes are known as Exempt Public Sector Superannuation Schemes (EPSSSs). This is because they are regulated by the WA State Government and not the Commonwealth Government. However, we aim to align with Commonwealth Government policy where possible, and when this is in the best interests of our members.
Our history
Since we first began managing the super savings of current and former WA public sector employees in 1939, we have seen a lot of changes both here in WA and across the world.
Discover some key events in our history which have shaped who we are and what we do today.
1 Research Solutions, Member and employer satisfaction research, 2022 and SuperRatings 2023 Annual Benchmarking Report.
2 SuperRatings Annual Benchmarking Report 2023.
3 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.
Thank you for printing this page. Remember to come back to gesb.wa.gov.au for the latest information as our content is updated regularly. This information is correct as at 27 April 2024.