📜 Fire and Emergency Services Superannuation Amendment Bill 2026

Legislative Assembly Second ReadingLABill 8416 September 2026

This Bill amends the Fire and Emergency Services Superannuation Act 1985 to modernise the legislative framework for the Fire and Emergency Services Superannuation Fund. It introduces a Trust Deed for the Fund, updates the Superannuation Board's governance, and clarifies its functions and powers.

Impact

This Bill affects members of the Fire and Emergency Services Superannuation Fund and the Superannuation Board by changing the legal framework governing their superannuation. It aims to modernise the fund's operations and governance.

Key Changes

["Introduction of a Trust Deed framework for the Superannuation Fund, allowing detailed operational rules to be set out in the Trust Deed.", "Requirement for prior written approval from the Treasurer for entering into or amending the Trust Deed.", "Mandatory actuarial certification to ensure members' rights are at least equivalent after the Trust Deed or amendments come into operation.", "Updates to the composition and governance provisions for the Superannuation Board, clarifying its functions and powers.", "Provisions for staged commencement, with the Trust Deed framework commencing on the day after Royal Assent and broader amendments by proclamation."]