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Cash investments: Cash investments may take various forms, including a cash deposit held at a bank, term deposits or 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 generally achieve stable, although relatively low, returns.

Commonwealth government super co-contribution: A government initiative designed to increase the retirement savings of Australians, by matching part or all of your personal after-tax contributions to a maximum amount of $1,000 for any financial year (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.

Compound (interest): Interest that 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 only as a percentage of the initial capital sum.

Concessional contributions: Any contributions made to a super account before tax is deducted, for example employer Super Guarantee contributions or salary sacrifice contributions.

Consolidate: This is when you transfer your super from one superannuation fund to another superannuation fund. This is also known as a rollover or roll-in.

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.