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Welcome to the Water Corporation Superannuation Plan (Plan) - the Fund of choice for the Water Corporation and its employees.

The Plan is a not for profit fund, with over $200 million in assets and serving approximately 3200 members.

Main Features of the WCSP

• Exclusive 14% total contributions when members voluntarily contribute an extra 3%. Water Corporation will pay an additional 2% bonus amount on top of the 9% SGC to help you build your account for retirement (not applicable to employees on common law contracts and limited members).
• Low membership fees - $3.30 per week plus 0.1% off earnings per annum for the accumulation division and 0.2% per annum for the pension division.
• No entry, account keeping or adviser service fees
• Financial planning services with no commissions to financial planners and discounted fees.
• Unique insurance offering with competitive group rates for death, total disablement and salary continuance benefits. Cover is available up to 65 years of age.
• Automatic insurance cover for members who leave Water Corporation and transfer their membership to the Retained membership category
• Flexible investment options - four investment options, which can be switched on a monthly basis to suit your personal circumstances and objectives
• On-line access to your personal details via secure website – anytime, anywhere
• Continued membership available if you leave the Water Corporation and transfer to the Retained category – conditions apply
• Facility to easily create a spouse Super account
• Join as a Limited member and “top-up” you primary super with an additional account to achieve your retirement goal
• Option to contribute to the Plan from an alternative employer if you are a retained or a spouse member (conditions apply).
• Competitive Income Stream options
• Account Based Pension for retirees
• Transition to Retirement Pension for current staff
• Member discounts on low cost banking products with ME Bank, including homes loans, credit facilities and bank accounts.
• Member discounts on medical health benefits with MBF with some attractive offerings on an essential benefit for you and/or your family
• Personalised member service located at John Tonkin Water Centre.
• Highly professional external support services for investment consulting, administration, auditing and accounting.