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Cash investments: Cash is always a short-term investment. It may take various forms ranging from a simple cash deposit held at a bank, to tradable short-term securities such as bank bills that are traded between investors on the money market. GESB invests in bank bills and other short-term to medium-term investments. Cash investments such as bank bills carry a low level of investment risk and returns are generally very stable and relatively low.

Commonwealth Government Super Co-contribution: A Commonwealth Government initiative designed to increase the retirement savings of Australians by matching some (or all) of your personal after-tax contributions - to a maximum amount of $1,000 for the financial year ending June 2010 (subject to assessable income thresholds).

Completed Months of Service:  Is the number of months of full-time service you completed as a contributing Gold State Super member. This figure is then used in the calculation of your final benefit. (Only applicable to Gold State Super).

Compound (interest):  Interest which is calculated on the initial capital invested AND the accumulated interest of prior periods. Compound interest differs from simple interest in that simple interest is calculated solely as a percentage of the initial capital sum.

Concessional contributions: Any contributions made to a super account before tax is deducted eg, employer SG contributions or salary sacrifice contributions.

Consolidate:  This is when you transfer your super from one complying superannuation fund to another complying superannuation fund. Transferring this superannuation is known as a 'rollover'.

Contributions Splitting:  Allows you to split your super contributions with your spouse.  A portion of your super can be split into an account held by your spouse.

Contributory Service Benefit:  Is your accrued Gold State Super benefit - which includes your member, and employer contributions. (Only applicable to Gold State Super).