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How is this possible? Due to good governance and prudent investment strategies applied by the Board of Trustees, the actuarial valuation for the financial year-end 2018 confirmed that the Pensions Account was in a strong financial position.

The funding level of the Pensions Account amounted to 128% so, based on this, and on recommendation from the Actuary, the Trustees made the decision to grant all pensioners another bonus.

All pensioners who were in receipt of a pension as at 7 June 2019 will receive a bonus of 9 x your monthly pension. This once-off bonus will be paid with your September monthly pension. Please keep in mind that this amount will be subject to tax.

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Indemnity Statement: The Consolidated Retirement Fund for Local Government & SASH Consulting Pty Ltd. do not accept liability for any loss, damage or expense that may be incurred as a direct result or consequence of reliance upon the information on this website. If there is any conflict between the information on the website and the actual Rules of the Fund, the Actual Rules of the Fund will prevail. Consolidated Retirement Fund for Local Government Reg No: 12/8/32689/2