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There are two types of lifePLUS cover available to Eligible PSSap MemberslifePLUS auto and lifePLUS choiceand both include: Income Protection cover, supporting you financially if you cant work. Total and Permanent Disablement (TPD) cover, covering you if youre sick or injured and cant return to work.
PSSap offers four investment options: MySuper Balanced, Cash, Income Focused and Aggressive.
The PSSap income protection payments are generally available for two or five years after you first stop working continuously due to a disability (injury or illness). There is generally a 60 waiting period before you become eligible for a payment.
A Death Benefit is an amount payable following the death of a PSSap/CSCri member. The benefit comprises of the members account balance, and any insurance cover payable (exclusions or limited cover may apply) at the time of their death.
The amount you transfer is up to you, but if you wish to remain a PSSap member you must leave a $6000 minimum balance in your PSSap super account.
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