26 March 2021
We have been exploring ways to create an even stronger, more sustainable foundation for you to build and live a secure and comfortable retirement, while continuing to safeguard your APSS benefits. That has led us to enter into discussions about a potential merger.
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If a potential merger proceeds, the APSS defined benefit that employee members get would continue, using the same formula and with Australia Post continuing to support defined benefit entitlements at no cost to employee members. See FAQ 8 for more.
If a merger proceeds, Rollover, Spouse, and Pension member accounts would simply transfer to the new merged fund to operate in much the same way, with flexibility to change those arrangements at any time as required. See FAQ 10 for more.
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