The Hon Lindsay Tanner MP, Minister for Finance and Deregulation and Senator Nick Sherry, Minister for Superannuation and Corporate Law, today released a joint media release in which they announced a package of reforms to improve and consolidate governance and administration of Australian Government superannuation schemes including the PSSap.
As part of the announced changes, on 1 July 2010, ARIA (the Trustee of the PSSap), the Military Superannuation and Benefits Scheme (MSBS) and the Defence Force Retirement and Death Benefits Scheme (DFRDB) will merge to form a single trustee board.
For more information see the joint media release from the Minister for Finance and Deregulation and the Minister for Superannuation and Corporate Law.
