Who we are
We’re run by the WA public sector for the WA public sector, which means we put our members first. Our members trust us to look after their super, support them in making informed decisions about their super and advocate for them when it comes to their super and insurance.
We're the largest super fund in WA and one of the largest in Australia1
Currently we have around 240,000 members and over $29 billion in funds under management (as at 30 June 2020). 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 peers. Our GESB Super, West State Super and Retirement Income Pension products have been awarded with a platinum rating from SuperRatings for 13 consecutive years1 – which means we’re recognised as being a 'top value-for-money' fund1. We consistently deliver strong long-term investment returns that meet or exceed our objectives, and our fees are below the industry median2.
As a WA Government statutory authority, we have over 80 years' experience managing the super savings of current and former public sector employees.
Our purpose and values
At GESB, our purpose is to look after our members' super with excellence and our goal is to improve the long-term super benefits of our members.
Our name, GESB, stands for the Government Employees Superannuation Board. As an organisation, we stand for these values and keep them at the centre of everything we do:
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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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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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.
1 Research Solutions, Member and employer satisfaction research, 2020. SuperRatings 2019 Annual Benchmarking Report.
2 SuperRatings Smart database as at 31 March 2020. Based on an average balance of $50,000, GESB Super and West State Super's fees are below the industry median.
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 01 October 2020.