Guide: State Sector Retirement Savings Scheme
This guidance provides information for public servants about the State Sector Retirement Scheme (SSRSS), a voluntary savings scheme specially designed for the public sector.
The SSRSS is a closed scheme and does not accept new members.
There are two SSRSS scheme providers: AMP and Smartshares Limited (SuperLife) which is now the manager of the ASB Superannuation Master Trust.
Contact your SSRSS scheme provider
Phone: 0800 800 267
By registering on MyAMP and updating your contact details and email address, you can conveniently check your balances, view statements, see how your investments are performing and easily change your funds.
Phone: 0800 27 87 37
Contact form: www.superlife.co.nz/about/contact-us
Resources for SSRSS members and employers
SSRSS Members’ Guide
The Members’ Guide covers all the common situations members may encounter as a member of the SSRSS. It provides information about handling scheme transactions quickly and effectively.
SSRSS Employers’ Guide
The Employers’ Guide is designed to cover all the common situations employers may encounter as a coordinator for the SSRSS. It provides employers information to deal with all relevant scheme transactions (for example, members leaving employment, retirements, transfers and enquiries) quickly and effectively.
Status of SSRSS and KiwiSaver
The SSRSS schemes continue operating for members in the same manner as prior to KiwiSaver being available. Members can contribute to their SSRSS scheme and, if eligible, continue receiving a compulsory employer contribution. The SSRSS compulsory employer contribution will no longer be payable if the member begins to receive an employer contribution to a KiwiSaver scheme.
SSRSS members can choose to transfer to a KiwiSaver scheme at any time.
Members are no longer able to change from their existing SSRSS scheme provider to another SSRSS scheme provider or (if the member is a teacher or principal at a school) to transfer to the Teachers’ Retirement Savings Scheme.
Members can remain in the SSRSS and also join and save with KiwiSaver, and the member’s accounts will remain within SSRSS and remain subject to the existing SSRSS rules.