If you’re an SA Government employee, this is for you!
From January 2026, we’ll be hosting our Super SA Planning Seminars to unpack the unique planning opportunity available exclusively to Super SA Triple S members.
Your Triple S fund is more powerful than you realise.
While most Australians are limited to a concessional contributions cap of $30,000 per year (for 2025-26), Super SA’s Triple S scheme operates under different rules. Those rules can open the door to significant tax savings and a much faster path to financial independence, if you know how to use them.
For those over age 60, the planning opportunity becomes even more powerful when combined with a Transition to Retirement (TTR) strategy.
What Makes Super SA So Different?
Triple S is an untaxed superannuation scheme, which provides two distinct advantages:
1. No standard concessional cap
Members can salary sacrifice well beyond the usual annual limit. The only restriction is a lifetime untaxed plan cap of $1.865 million (as at 2025-26).
2. No 15% contributions tax upfront
Unlike taxed super funds, where 15% is withheld from every contribution, Triple S invests 100% of your salary sacrifice. Tax is only deducted when benefits are withdrawn, typically 15% on exit. This means a $1 million benefit might incur a one-off $150,000 tax bill at retirement.
Together, these features create an exceptional opportunity, especially for high-income earners or those within 5-10 years of retirement, to accelerate their savings, reduce personal income tax, and retire debt-free with confidence.
A quick example: A 60-year-old teacher earning $125,000:
- A typical wage earner on this income pays about $30,000 in personal income tax and receives employer super contributions of $15,000. At most, they might salary sacrifice an additional $15,000 before hitting the standard concessional contributions cap.
- However, the standard cap does not apply to Super SA members. Instead, there’s a generous lifetime cap of $1.865 million.
- With strategic planning, the 60-year-old establishes salary sacrifice of $80,000 for the year, reducing their taxable income from $125,000 to $45,000. Personal tax savings of 32% on the $80,000 equal $25,600 per year. The super fund will deduct 15% upon exit, but the result is still a net tax saving of $13,600 per year.
- They top up their reduced salary with tax-free income from a Transition to Retirement (TTR) Pension, maintaining their lifestyle while benefiting from the tax strategy.
It’s a unique planning opportunity that simply doesn’t exist in standard retail or industry super funds.
If you’re an SA Government employee (or know someone who is), we’ll be unpacking case studies like this in our upcoming Super SA Planning Seminars.
If you’re approaching retirement in the next 5-10 years, this is a session you won’t want to miss.
Keep an eye on our website and socials for the dates and details to be released soon:
This article contains general information only and does not take your personal circumstances into account. Please seek personalised advice from a licensed financial planner before making decisions.
