We aim to make superannuation simple

So what is superannuation?

Super is your savings for retirement. Your employer pays it into your super account, in addition to your salary. Generally, you’re entitled to 11% of your ordinary time earnings (OTE). And if you can choose your super fund, you can choose Cbus.

For the average Australian worker, superannuation is likely to be their biggest asset other than their home. So it’s well worth looking after.

Super is the quiet achiever. It works hard behind the scenes to build long-term financial security to see you through retirement. Your super fund invests your money so that it earns as much as possible over your lifetime.

Even if you have no idea how you’ll want to spend your retirement, it’s worth planning ahead to get your super working as hard as you do. Small changes now can make a big difference to your lifetime super savings.

Get my super working for me

1. Invest wisely

To get the best from your super fund performance with Cbus, you can choose how your super is invested. Our investment options vary in risk and return. Consider your timeline and long-term goals to assess how you want to invest your money.

The ideal investment choice will:

• meet your needs as you get older or your circumstances change
• suit how comfortable you are with risk and returns
• spread your investments across different asset classes.

Learn more about our investment options.
 

2. Choose my insurance cover

Cbus offers the financial protection of insurance cover. When you join, you get to choose your level of cover. As your circumstances change, you can make adjustments to your cover to suit your needs.

Learn more about our insurance options.
 

3. Plan my retirement

When you’re planning for retirement, it’s important to consider:

• how much super you’ll need for your retirement income
• how much super you’re currently earning
• ways to bridge the gap if there’s a difference.

Learn more about retirement.
 

4. Consolidate my super

If you’ve changed jobs, you may have super in a number of different accounts. And it’s likely you’re paying more fees than you need to. By consolidating your super into one account you could:

• save money by avoiding unnecessary fees
• gain control by knowing exactly how much you have and how it’s growing
• simplify your paperwork with just one statement.

There is important information for you to consider before consolidating. View the checklist and when you're ready you can consolidate your super.
 

5. Top up my super

If you want to grow your super faster, you can make extra after-tax contributions into your super account. With interest compounding over time, even a small additional payment now can make a big difference over your lifetime.

If you’re a lower income earner, the Government offers a co-contribution to encourage you to make extra after-tax contributions to your super. You may be entitled to up to $500, a welcome boost for your super.

How can I make a super contribution?

Find out about the Government Co-contribution.
 

6. Find my lost super

If you’ve had many super funds over your working life, you may have forgotten to update your details with your fund. Any super accounts you’ve lost track of may have been transferred to the Australian Tax Office (ATO).

You can search for your lost super yourself, using the ATO’s myGov service. Remember, it’s your retirement savings and you’re entitled to claim it.

Why join Cbus?

• A history of strong, long-term performance,
• competitive fees, 
• all profits go to members, not shareholders,
• investing back into industry, creating jobs for building, construction, and allied services.

For more information, read the Cbus benefits fact sheet (PDF).

Manage my account

24 hours, seven days a week, Cbus offers our members access to our secure online account facility. Managing your super account online is easy:

• check your contribution and transaction history
• see your current account balance
• update your personal details
• change investment options
• register for Cbus Self Managed investment option (conditions apply)
• view your insurance cover
• change a non-binding nomination of beneficiaries.