Step 1:  

First things first: make sure you understand how the Fund works, your benefits and where to see your Fund balance. Contribute as much as you can each month. Start by building good habits now, as they will set you up for the rest of your years. By setting goals and sticking to them, you can make the most of what the Fund offers.

Step 2: 

As you are still young and probably not tied down too much, take the opportunity to contribute as much as you can each month. It’s so much easier to save when you are young, before you have massive financial burdens and family responsibilities. Don’t let anything get in the way of your long-term financial planning. Pay your future self first!

Read about the benefits you have in the Fund and how to maximise your savings

Visit the BENEFITS menu item above.

Click here to read about your contributions

Step 3: Complete your Nomination of Beneficiary Form and your Funeral Nomination form (very important)

Step 4:

When you are younger, you can afford to take more risk, to earn higher returns. The Fund’s Goals-Based LifeStage Model is the default investment option, and if you are invested in this portfolio, your money will be moved for you, automatically, as you reach the next age category. Ensure you obtain expert financial advice regarding your investments, so that you will be able to choose the best and most direct path to a secure retirement. It’s so important to invest according to your unique profile.

Read up about the Fund investments and complete your Investment Option Form.  If you do not complete this form, you will be invested in the Default Goals-Based LifeStage Model.

Please note:  before you decide to choose an investment portfolio, please speak to a financial advisor.  See the details below.

Click here to read more about the Fund investments.

Step 5: 

Now, make sure you know how and where to see your Fund Accumulated Credit. And remember that if you leave the Fund, you have various options in terms of how to use this benefit – it is important to understand the tax implications of taking a portion of this benefit in cash. Remember, your decision cannot be changed.

Register on the Secure Member Portal to see your own values and how your Fund Accumulated Credit grows

Step 6: 

Get help and advice to help you plan for your journey to retirement and understand your benefits

Click here for contact details of financial advisors and benefits counsellors

Step 7:

Stay on top of what is happening in the Fund

Click here to read important communication from the Fund.

And just for fun!

Become financially savvy and grow your wealth by playing our fun simulation

Click here to read short, interesting articles on how to become financially savvy

Click here to play our LivFin$mart Simulation