Information for State servants on the State Sector Retirement Savings Scheme.
The State Sector Retirement Savings Scheme (SSRSS) is a voluntary savings scheme specially designed for the State sector. Following the Government's decisions for the implementation of KiwiSaver in the State sector, the SSRSS closed to all new members from 1 October 2008.
Change to the ASB Superannuation Master Trust
An important change to the ASB Superannuation Master Trust (SMT) has been announced today. Since SMT launched, ASB has managed the scheme and have supported thousands of members grow their retirement savings.
SMT will soon be moving under the care of a new manager, Smartshares Limited. This change includes the ASB State Services Superannuation Scheme within the ASB Mastertrust.
ASB has entered into an agreement with Smartshares Limited, who will become the manager of SMT in early 2022. Members shouldn’t notice any immediate change – they will keep the same scheme benefits, flexibility and fees and options to help members continue to grow their savings.
The State Sector Retirement Savings Scheme (SSRSS) Advisory Board, led by Te Kawa Mataaho Public Service Commission, is satisfied the transaction is in the best interest of members and that ASB is working closely with the Smartshares team to ensure the transition is as smooth as possible. Members will be kept informed as the change progresses. ASB will continue to manage member savings and remain your point of contact during this transition period.
If you have any questions or need more information about this change, please call ASB on 0800 272 738 or email them at email@example.com. You can also check out the ASB website for answers to some frequently asked questions.
Smartshares is a wholly owned subsidiary of NZX Limited, New Zealand’s exchange operator. With its strong focus on savings, Smartshares has helped over 83,000 Kiwis grow their wealth over the past 25 years and currently manages over $5.8 billion for their members.
Transfer of ASPIRE members to AMP
On 20 November 2014 AMP transferred all members of the ASPIRE State Sector Retirement Savings Scheme, under the Superannuation Master Trust (ASPIRE), to the AMP State Sector Retirement Savings Scheme, under the New Zealand Retirement Trust (AMP SSRSS).
Contact your SSRSS scheme provider
If you have any questions about your SSRSS savings or scheme, or you want to make changes to your contributions or other details, you can phone or email your SSRSS scheme provider, or you can check out your account details at your provider's website.
0800 272 738
0800 275 267
Resources for SSRSS members
- SSRSS Member's Guide (PDF 153KB)
Resources for Employers
These resources help you to understand your role in the SSRSS and to manage day-to-day SSRSS activities.
The Employer's Guide is designed to cover all the common situations you may encounter as a coordinator for the SSRSS. It provides you with the information to deal with all relevant scheme transactions (for example members leaving employment, retirements, transfers and enquiries) quickly and effectively.
- Employer's Guide (PDF 191KB)
Education Service (Schools and Kindergarten Associations)
For more information on the SSRSS please refer to the Education Service Payroll (Ministry of Education website)
Status of SSRSS and KiwiSaver
The SSRSS schemes continue operating for members in the same manner as previously. You can continue to contribute to your SSRSS scheme and (if eligible) you will continue receiving your matching employer subsidy. The SSRSS subsidy will no longer be payable if you begin receiving an employer contribution to a KiwiSaver scheme.
SSRSS members can choose to transfer to a KiwiSaver scheme at any time.
You are no longer able to change from your existing SSRSS scheme provider to another SSRSS scheme provider or (if you are a teacher or principal at a School) to transfer to the Teachers Retirement Savings Scheme.
You can remain a member of SSRSS and also join and save with KiwiSaver. Your SSRSS accounts will stay within SSRSS and remain subject to the existing SSRSS rules.
For more information contact your SSRSS provider.
- Annual Report - June 2021 (260KB | PDF)
- Annual Report - June 2020 (220KB | PDF)
- Annual Report - June 2019 (139KB | PDF)
- Annual Report - June 2018 (161KB | PDF)
- Annual Report – June 2017 (89KB | PDF)
- Annual Report – June 2016 (77KB | PDF)
Other downloadable materials
Contribution Change Form (PDF 98KB)
SSRSS Application to Transfer to KiwiSaver (PDF 165KB)