PSS Board
Public Sector Superannuation Scheme Board of Trustees
1990 – 1 July 2006
Renamed Australian Reward Investment Alliance in 2006.
Board of trustees of the Public Sector Superannuation Scheme (PSS), the defined-benefit scheme opened to Commonwealth employees on 1 July 1990, responsible for investing the scheme's fund.
Names over time
- PSS Board1990–2006
- Australian Reward Investment Alliance2006–2011
- Commonwealth Superannuation Corporation2011–present
How it came into existence
Established in 1990 under the Superannuation Act 1990 as trustee of the new PSS; investment of Commonwealth superannuation contributions had until then been the role of the Superannuation Fund Investment Trust.
- Investment of Commonwealth superannuation contributions
The PSS fund was new in 1990; the link records the PSS Board taking over part of the Trust's role as investor of Commonwealth civilian superannuation.
Legislation: Superannuation Act 1990
How it ended
Renamed the Australian Reward Investment Alliance (ARIA) on 1 July 2006, taking over the trusteeship of the CSS and PSSap from the CSS Board and PSSap Board.
- Trusteeship of the PSS
Main functions
- Trustee of the Public Sector Superannuation Scheme
- Investment of the PSS fund
- Oversight of scheme administration by ComSuper
Where it sits
Last in the portfolio of Department of Finance and Administration.
Lineage
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Sources
Some dates or links for this organisation are not fully confirmed. Corrections are welcome.