M

Member Protection: All GESB Super and West State Super accounts that have an account balance of less than $1,000 as at 30 June each year are 'protected' from the erosion of their super by fees.  This means that the administration fees for that financial year will not exceed the investment earnings applied to your account. However, these accounts will still be impacted by insurance premiums and, where applicable, negative investment returns. An adjustment is made to your GESB Super or West State Super account on 30 June each year where Member Protection applies.  This adjustment is only reflected in your 30 June Member Statement.

MY Plan: An investment choice which allows you to choose from one or more of the asset classes available. If you choose this investment plan, you'll be able to select which asset class to invest in, and you'll manage the Investment Plan yourself on an ongoing basis.