Health Super’s journey.We’re the Australian industry super fund for the people who care. We’ve got over 40 years experience servicing those who work in health and community services.

40 years ago, things looked very different for us.

1966

The Hospitals Superannuation Board was established.

Super was a privilege for the chosen few.

There were a lot less laws regulating super.

Computers weren't common so keeping records was far more intensive!

1977

Our pension option was introduced to supplement lump sum benefit.

New contributors who joined after 1 January 1977 were automatically entitled to pension benefits.

1981

The defined benefit scheme was introduced - members joining after 1 January 1981 were entitled to a lump sum of three times their average final salary.

For existing members the greater of the accumulation or defined benefit was payable.

1988

Compulsory 3% super was introduced under the award system. No member contributions were permitted. This increased our membership from 12,000 members to more than 100,000 members overnight.

1992

The Federal Government introduced compulsory super contributions for most employers.

This became known as the Super Guarantee (SG).

1994

The defined benefit scheme was closed to new members.

1999

Hospitals Superannuation Board became a corporate trustee, Health Super Pty Ltd.

The Fund converted from a public sector superannuation fund to a regulated fund under the Federal Government's Superannuation Industry Supervision Act.

2006

Celebrating 40 years

The Federal Governmen's Choice of Fund legislation was introduced.

The new licensing regime for Super funds was introduced by the Australian Prudential Regulation Authority (APRA). Health Super obtained its RSE licence and the Fund obtained its RSE registration.

2007

The Federal Government's Better Super reforms were introduced - resulting in significant changes to super and pension rules and greater tax benefits for super savings.

Our success stories:

2001

Health Super Financial Planning was launched.

Our Privileges Program was introduced.

2003

Our Socially Responsible Investment options were introduced.

2004

We were granted our Australian Financial Services Licence (AFSL) from the Australian Securities and Investment Commission (ASIC).

We implemented our Lifecycle strategy and expanded our investment options to nine.

2006

We were granted our Registrable Super Entity (RSE) licence under the Australian Prudential Regulation Authority's (APRA) new licensing regime and the Fund obtained its RSE registration.

Nominated for SuperRatings Fund of the year.

ASFA Communication Awards - award for excellence in member marketing or education communication - 'Don't get burnt' campaign.

2007

ASFA Communication Awards - award for excellence in stakeholder marketing or education communication - Talking Super member magazine.

2008

Awarded a platinum rating by SuperRatings, ranking us among the top 15% of super funds rated by SuperRatings.

Australian Marketing Institute - finalist in marketing excellence 'Co-Contributions campaign' (2008).

2009

Again awarded a platinum rating by SuperRatings for 2009.

SuperRatings is an independent ratings agency. For more information about their ratings system,visit SuperRatings.