Summary
Amends: the
Governance of Australian Government Superannuation Schemes Act 2011
to enable the merger of ComSuper, the administrator of the Australian Government’s civilian and military defined benefit superannuation schemes, with the Commonwealth Superannuation Corporation; seven Acts to make consequential amendments; and the
Governance of Australian Government Superannuation Schemes Act 2011
and
Superannuation Act 2005
to provide that the cost of administering the Public Sector Superannuation Accumulation Plan will be deducted from member accounts. Also makes transitional arrangements and repeals the
ComSuper Act 2011
to reflect the merger.