Application Form and Rollover Form
Version 21, Issued 1 July 2016
Only Water Corporation employees have
access to our super fund. So join today and don’t
miss this window of opportunity to enjoy:
3
A significant benefit set up just for you
3
Super low fees
3
Solid long term performance
3
Unique insurances at highly
competitive rates
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2% pa extra contributions
3
Dedicated Super Team here in Perth
EXCEPTIONAL
BENEFITS!
1. Low fees + great rates = massive savings
Our fees and insurance premiums are low and highly competitive. This translates to big savings for you and a nice boost to your account balance.
2. Solid long term performance
The Plan’s four investment options have consistently outperformed their benchmarks. When you combine strong long term performance with our low fees and insurance rates, guess what? You’re on track to optimising your retirement wealth.
3. We top up your contributions
As a special offer to Water Corporation employees, if you chip in 3% pa of your base salary, the Water Corporation will automatically contribute an extra 2% pa into your account1. That’s a total of 14.5% pa – not a bad start to building up your nest egg.
4. Unique insurances
Not only are our insurance rates extremely competitive, our insurance options are unique. You have access to four levels of Death Only and Death and Total and Permanent Disablement Insurance and six levels of Salary Continuance Insurance. We don’t know of any other funds offering such superior cover at these premium rates.
5. Local Super Team
Your friendly Super Team is located right here in Perth. So you’ll always be speaking to the same people and receiving the same level of personal service. Your Super Team can answer your queries, help you complete forms and even certify copies for ID purposes. So, drop in and see us at the John Tonkin Water Centre. Alternatively, call us on 08 9420 3008.
6. Your spouse can join too
Give your spouse’s super a helping hand and have them join the Plan too. They have access to all the same terrific options as you, except for Salary Continuance Insurance.
7. Access to financial advice
Research2 shows that people who obtain financial advice are more likely to retire with more money and have adequate insurance cover. We’re not licensed to give you personal financial advice, but we’ve arranged for these services for you. Just call us on 08 9420 3008 for details.
8. Discounted banking products
This is a real bonus of being with the Plan! All members have access to discounted banking products, like home loans and credit card facilities through ME Bank.
9. Pension products
You have a choice of two pension products – one for a Transition to Retirement strategy and the other if you’d prefer to fully retire. Both products have low fees and the same investment options as our Super Division.
10. You can stay with us if you leave
If you decide to work elsewhere, but don’t want to leave the Plan, you don’t have to! Just ask your new employer to pay all contributions into the Plan. You’ll still have access to all the Plan’s options, apart from some insurance features. 1 Conditions apply. Check the PDS for details or call your Super Team. 2 Financial Services Council, The Future of Financial Advice - Getting The
Balance Right.
to join our exclusive super club!
In case you didn’t know, the Water Corporation Superannuation Plan (the Plan) is an exclusive club. It’s only open to
Water Corporation employees, employees’ spouses and ex-employees. As an exclusive club, we take exceptional care
of our members. That’s why we’ve developed a super fund that will make a difference to your life – and your family’s
– today and in the future. Take a look at what you’ll receive from one of the best super funds around. If you like what
you see, fill in the Application Form or call us on 08 9420 3008 if you want help completing it.
Step
1
Step
2
Personal details (this section MUST be completed)
Mr Mrs Miss Ms Other Date of Birth / / Male Female Surname
First name(s)
Street address
Suburb or Town State Post code
Telephone (daytime, including area code) Mobile
Email address (optional) (This allows us to send you super information electronically and will only be used for this purpose)
Contributions
If you’d like to make extra contributions, specify the type and amount below. Remember, Water Corporation employees (excluding Limited Members and those on common law contracts) who contribute at least an extra 3% pa, can receive an extra 2% pa employer top-up. Please deduct from my next salary/wages and each subsequent pay period
Full Members concessional (ie salary sacrifice) at $ , or % AND/OR
non-concessional (ie after-tax) at $ , or %
Limited Members concessional (ie salary sacrifice) at $ , or % AND/OR
non-concessional (ie after-tax) at $ , or %
Spouse Members non-concessional (ie after-tax) at $ , or %
Who should complete this form?
Water Corporation employees, employee spouses and employees with super in other funds wanting to join the Super Division.
Completing the form:
Please use black or blue pen and print in CAPITALS.
Return completed form to:
Payroll
First things first...
I am applying to join the Water Corporation Superannuation Plan’s Super Division as a (select your membership type):
Full Member (Complete Steps 1 – 4 and 7 and consider completing steps 5 – 6)
Spouse Member (Complete Steps 1 – 4 and 7 and consider completing steps 5 – 6)
Limited Member (Complete Steps 1 – 3 and 7 and consider completing steps 5 – 6)
If you’d like to rollover money from your other super funds, please complete the attached Rollover Form and return it to us.
Issued by Water Corporation Superannuation Plan Pty Ltd ABN: 30 080 106 832 AFSL: 239541 RSE: L0000390 Version 21, Issued 1 July 2016
Super Division
Step
2
Step
3
Step
4
Contributions (cont’d)
Spouse Declaration (employee members to complete, if applicable)
Employee Number Membership Number
To start my spouse’s super account, please (select one only):
Deduct the amount as specified on the previous page via payroll deduction Find attached a cheque for $ ,
Have my spouse’s employer send contributions to his/her account directly.
I declare and acknowledge that:
The person nominated as a spouse on this Application Form meets the definition of spouse for contribution purposes, as described in the Product Disclosure Statement.
If my spouse is between age 65 – 69, that he/she was gainfully employed for at least 40 hours over a period of 30 consecutive days in the financial year in which the contributions are being made.
Employee name Employee signature Date
/ /
Investment choice
You can invest in any number of the four investment options at a time. You also have the flexibility to invest your existing account balance and future contributions in different ways. Your percentage splits must be in whole numbers, total 100% and not have less than 5% in any one option. If you don’t make an investment choice, your contributions will be invested as indicated in the
Product Disclosure Statement.
Investment Option %
Share Option %
Growth (MySuper) Option % Conservative Option %
Cash Option %
TOTAL % (MUST EQUAL 100%)
Insurance
Full Members
Please select your insurance cover and read the insurance section in the Product Disclosure Statement, for more information.
Death Only
Low (10% x Salary x Years and Complete Months to Age 65) Medium (15% x Salary x Years and Complete Months to Age 65) (default cover)
High (20% x Salary x Years and Complete Months to Age 65) Superior (25% x Salary x Years and Complete Months to Age 65)
Nil
Death and Total and Permanent Disablement
Low (10% x Salary x Years and Complete Months to Age 65) Medium (15% x Salary x Years and Complete Months to Age 65) (default cover)
High (20% x Salary x Years and Complete Months to Age 65) Superior (25% x Salary x Years and Complete Months to Age 65)
Nil
Salary Continuance
Standard A (default cover) Standard C Standard D
(90 day wait / 2yr benefit) (60 day wait / 2yr benefit) (30 day wait / 2yr benefit)
Top E Top F Top G Nil
Insurance
Spouse Members (Only complete this section if this is a Spouse Application)
I’d like to apply for Death Only or Death and Total and Permanent Disablement Insurance cover, for the following amount. I understand that I will need to provide medical evidence to the insurer before my application can be approved and that the Plan will send me the necessary documentation upon acceptance of this membership Application Form:
Death Only
$50,000 $100,000 $150,000 $200,000 $250,000 $300,000 Nil
Death and Total and Permanent Disablement
$50,000 $100,000 $150,000 $200,000 $250,000 $300,000 Nil I am currently employed, working more than 15 hours per week and have been for the last six months
I am not currently employed
Nominating a beneficiary
You can nominate one or more beneficiaries to receive your super in the event of your death. Your beneficiaries must be eligible dependants or your legal personal representative (refer to the PDS for definitions) for payment purposes. While your nomination is not binding on the Trustee, if you’ve made a nomination, the Trustee will take this into account when making a decision. If you leave no dependant or legal personal representative, the Trustee may pay your benefit to another individual(s). Please refer to the Product Disclosure Statement for more information about nominating a beneficiary.
Beneficiary 1
Surname
First name(s)
Relationship to you spouse child sibling parent other relative my estate Date of birth / / % split
Street address
State Post code
Beneficiary 2
Surname
First name(s)
Relationship to you spouse child sibling parent other relative my estate Date of birth / / % split
Street address
State Post code
Beneficiary 3
Surname
First name(s)
Relationship to you spouse child sibling parent other relative my estate Date of birth / / % split
Street address
State Post code
Step
4
Step
Tax File Number
Whether you provide your Tax File Number (TFN) is up to you. However, it could save you paying unnecessary tax. Before you decide, you should know the following:
X
X The Trustee is authorised to collect your TFN under the Superannuation Industry (Supervision) Act 1993. X
X Your TFN is confidential. If you choose not to provide it, you will have to pay additional tax on your contributions, we won’t be able
to accept any non-concessional contributions and any withdrawals you make will be subject to tax at your Marginal Tax Rate. It might also make it difficult to find or transfer in any benefits owing to you without your TFN.
X
X If you do choose to provide your TFN, it will only be used for legal purposes including finding lost super, calculating applicable tax and
assisting the Australian Taxation Office.
X
X If you roll out your super, we might provide your TFN to the receiving fund, unless you advise us in writing not to.
My TFN is
Personal declaration and acknowledgement
I declare and acknowledge the following:
X
X I have read the Water Corporation Superannuation Plan’s Product Disclosure Statement, in its entirety and understand the terms of
my membership.
X
X In signing this Application Form, I will be bound by the Plan’s Trust Deed and Rules. X
X All information in this Application Form is true and correct. X
X The Plan’s investments are not guaranteed and the value of my investment may rise or fall and I may not get back the initial amount
invested due to fluctuations in markets and the deduction of applicable insurance premiums, fees and tax.
X
X I authorise my employer to deduct any additional contributions in the amount/percentages and via the indicated method as
stipulated in this Application Form.
X
X I acknowledge that if I am uncertain about my investment strategy, I should obtain professional financial advice before making
a decision.
X
X I have read and understood the Plan’s Privacy Policy or otherwise acknowledge that I am aware that I can obtain a copy of that Policy
by contacting the Plan or from www.watercorpsuper.com.au.
X
X I understand that if I terminate employment with the Water Corporation, my account balance will be transferred into the Retained
Member Division and I will retain any insurance cover for the period stipulated in the Product Disclosure Statement. Applicant name Applicant signature Date
/ /
Rollover your super
Now that you’ve joined the Plan, consider consolidating your other super accounts. Consolidating reduces your paperwork, makes keeping track of your super easier and gives you only one account fee to pay.
Simply complete and return the attached Rollover Form and we’ll take care of the rest.
Register for online access
Stay up to date on your super by registering for MemberAccess to view your personal super details online. Register and log in to the secure site at www.watercorpsuper.com.au.
MemberAccess allows you to view your transactions, account balance, investment plan and insurance coverage as well as utilise other great features to help you manage your super. All you need is your member number which is available once we have processed your application by calling 9211 6633.
Step
6
Step
7
Next
Steps
OFFICE USE ONLY
Date joined employer / / Date joined Plan / /
Payroll Number Salary (pa) $ ,
Employment status (tick one): Full-time (permanent/fixed term) Casual > 10 hrs/wk Part-time (permanent/fixed term) > 15 hrs/wk Casual < 10 hrs/wk Part-time (permanent/fixed term) < 15 hrs/wk
Membership Type: Full Limited Spouse Tax File Number provided? Yes TFN No
Employer acknowledgement
To the best of our knowledge the above information is correct. We confirm that the member was not absent from work due to illness or injury on the date of entry to the Plan.
If the employee was absent from work, please indicate why:
If this Application is for Spouse Membership, I declare that the employee
was employed by the Water Corporation on the date this Application was received. Authorised Employer Name
Authorised Employer Signature Date
Completing the form:
Please use black or blue pen and print in CAPITALS.
Return completed form to:
The Plan Coordinator JTWC OR Water Corporation Superannuation Plan PO Box 241
West Perth WA 6872
Issued by Water Corporation Superannuation Plan Pty Ltd ABN: 30 080 106 832 AFSL: 239541 RSE: L0000390 Version 5, 1 July 2016
Step
1
Step
2
Who should complete this form?
New or existing members of the Water Corporation Superannuation Plan wanting to transfer in super from other funds into the Plan. You can also rollover your super online. Log in to MemberAccess at www.watercorpsuper.com.au
If you’re transferring in money from more than one super fund, please complete one of these forms for each fund.
Personal details (this section MUST be completed)
Mr Mrs Miss Ms Other Date of Birth / / Male Female Surname First name(s)
Member Number Tax File Number (TFN)* Telephone (daytime, including area code)
Street address
Suburb or Town State Post code
Previous address (If address held by previous fund is different to your current address)
Email address (optional) (This allows us to send you super information electronically and will only be used for this purpose)
Details of your previous super fund
Name of previous super fund (this information can be found on your member statements) Member Number
Unique Superannuation Identifier (USI) of previous super fund Previous super fund address
Suburb or Town State Post code
Your name at previous fund (if different from above) (Attach certified marriage certificate/deed poll. See Step 4.)
* WHY PROVIDE MY TFN? You aren’t obligated to provide your TFN to your super fund. However, if you don’t, your fund may be taxed at the highest marginal tax rate plus the Medicare levy. Your fund may deduct this additional tax from your account. If you don’t provide your TFN, you will not be able to make personal contributions to your super account. If you quote your TFN, it’s easier to keep track of your super in the future. Under the Superannuation Industry (Supervision) Act 1993, your super fund is authorised to collect your TFN, which will
only be used for lawful purposes. These purposes may change in the future as a result of legislative change. The TFN may be disclosed to another super provider when your benefits are being transferred, unless you request in writing not to do so.
Super Division
Details of your current super fund
I authorise the Trustee of the super fund mentioned in Step 2 to transfer my entire account balance into the Water Corporation Superannuation Plan (the Plan). Cheques should be made payable to: Water Corporation Superannuation Plan. The Plan’s details are as follows:
Water Corporation Superannuation Plan, ABN 16 095 780 345 / SFN 456 531 972 / USI 16 095 780 345 123 PO Box 241, West Perth WA 6872, Tel: 08 9211 6633
Member authorisation
In signing this Rollover Form:
X
X I authorise the Trustee of my previous super fund to transfer my entire account balance into the Water Corporation Superannuation Plan. X
X I consent for the administrator of the Water Corporation Superannuation Plan to obtain information in relation to the transfer of my
superannuation account.
X
X I understand that the Trustee of my previous super fund is discharged from any further liability in respect of any amount,
once all of my benefits have been transferred.
X
X I understand that funds are not credited to my account until cheques are cleared. X
X I approve the applicable deduction of fees and taxes from my benefit, subject to the relevant legislation. X
X I am aware I may ask my superannuation fund for information about any fees or charges that may apply, or any other information about
the effect this transfer may have on my benefits including insurance, and do not require any further information. Member name Member signature Date
/ /
Step
3
Step
4
629 Newcastle Street Leederville WA 6007 Tel: 08 9420 3008 Web: www.watercorpsuper.com.au
ABN: 16 095 780 345; RSE R1000689; USI 16 095 780 345 123 Trustee: Water Corporation Superannuation Pty Ltd ABN: 30 080 106 832; AFSL 239541; RSE L0000390
To Whom it May Concern Transfer of Super into
Water Corporation Superannuation Plan
On behalf of the Trustee of the Water Corporation Superannuation Plan (the Plan), we confirm the following:
X
X The Plan is a complying, regulated super fund under the Superannuation Industry (Supervision) Act 1993 (SIS Act). X
X The Plan’s Trust Deed and any relevant amendments complies with the SIS Act and the Income Tax Assessment Act
1936.
X
X The Plan’s Trust Deed allows for rollovers into the Plan. X
X The Plan accepts contributions from participating employers on behalf of employees who are members of the Plan. X
X Members can only access any preserved components being rolled over upon reaching their Preservation Age,
retiring or in accordance with circumstances approved by the Australian Prudential Regulation Authority.
X
X Cheques should be made payable to Water Corporation Superannuation Plan (ABN 16 095 780 345 /
SFN 456 531 972 / USI 16 095 780 345 123 / MySuper USI 16 095 780 345 647) and sent to: Australian Administration Services (AAS)
PO Box 241 West Perth WA 6872
Yours sincerely
Craig Masarei Plan Chairman
