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COVID-19 Information Centre

At Energy Super, keeping members informed on all changes that impact them, their families and their superannuation remains top focus.

Energy Super are regularly providing updates on the COVID-19 climate and investment markets, and supporting members with mental health services.

For more information, visit Energy Super’s COVID-19 information centre here.


Early Release of super for financial difficulty from COVID-19

From Monday 20 April 2020, the Federal Government will allow the temporary early release of super for those experiencing financial difficulty as a result of COVID-19. If you’re considering this, Energy Super have information that may help you work through the process here.

Considering accessing your super early?  Read Energy Super’s three things to consider before you do here, plus other options for finance assistance  (COVID-19) here.


How Energy Super are managing your superannuation through market volatility

Energy Super appreciate that many of you will be feeling unsettled by the current and unfolding situation regarding COVID-19 (Coronavirus) which is impacting our lives and financial markets around the world.

To learn more about their current investment strategies, read Energy Super’s update from CEO Robyn Petrou here.

For more information regarding early release of superannuation, please view Energy Super’s FAQ’s here.


Energy Super Member Offer

As a Master Electricians Australia (MEA) member, you can put the energy into your super with Energy Super, the leading industry super fund for people who work in the energy industry.

As an Energy Super member, you’ll benefit from:

  • Default industry-specific income protection* available when joining through an employer who is registered with Energy Super
  • Default death and total permanent disablement cover* available with no underwriting*
  • Online access to your account
  • Access to Energy Care, a world class wellness program to assist with financial, mental and physical wellbeing
  • Fees and costs kept to a minimum
  • On-site presence through toolbox and/or seminars at the employer’s discretion
  • Phone-based advice to help you set up the five key building blocks of superannuation
Reduced Administration Fees

Energy Super’s indirect administration fees were reduced in 2019, to provide members with the following benefits:

  • The indirect administration fee (capped each financial year) – reduced from $1,100 to $900 for accumulation members
  • Member accounts with an average balance of $161,000 invested in the MySuper default investment option will receive a saving of $112.70
  • Weekly fixed administration fees of $1.

For help or further information, please contact the Energy Super Contact Centre on 1300 436 374, or speak to Murray Bell, MEA’s Fund Services Manager, on 0409 617 322.

*Subject to meeting eligibility requirements, please see the Energy Super Insurance Guide for more information.

 


The information above is of a general nature only and does not consider your individual circumstances. MEA does not provide financial or tax advice. Always consult with your accountant.