Understand your UniSuper statement

You will shortly receive your UniSuper biannual superannuation statement by email or through the post. Understanding your statement is a great way to take control of your finances.

All staff are encouraged to meet with a UniSuper superannuation consultant or contact a member of the UniSuper Member Service team to better understand their statement and superannuation details.

The statement provides information about both the performance of the fund and your personal account information.

Key inclusions are:

• Investment options and performance – this tells you how your fund has performed over the last six months and it is where you’ll probably gravitate to first.
• Insurance cover – have a good look at your cover and ensure it's sufficient for your needs and circumstances, and also that your beneficiary details are up to date.
• Defined benefit calculation (for members of the Defined Benefit Fund) – this provides a breakdown of how your defined benefit component is calculated, giving you a better understanding of what the formula means to you.
• Fees – your statement will list any of the fees that UniSuper deduct from your super savings to maintain ongoing running costs of your chosen fund.

You can book an appointment with an on-campus UniSuper consultant if you have any questions about your statement, or want a better understanding of superannuation.

Call the UniSuper Member Service team on 1800 331 685 or visit their Learning Centre.