Restricted public sector fund
PSSap
PSSap is CSC's accumulation fund for eligible current and former Australian Government employees.
THE OVERVIEW
About PSSap
It opened in 2005 after the PSS defined benefit scheme closed to new entrants. Your balance depends on contributions, investment returns and deductions.
Who can join
Joining normally requires eligible government employment. After 12 continuous months in eligible employment, a member can receive contributions from other employers. Some CSS and PSS members can open a personal accumulation account, subject to eligibility.
THE SUPERGURU VIEW
Our take
PSSap deserves a place on an eligible employee's shortlist, especially when assessing their employment package. Check the contribution and insurance arrangements attached to the job before comparing funds on fees alone.
Who might put it on their shortlist
- Eligible government employees assessing an accumulation account.
- Former eligible employees who want to keep contributing after changing employers.
Based on the cited product features. These are general reasons to investigate the fund, not a personal recommendation. Supporting sources.
THE NUMBERS
Fees and investment returns
Use the product, investment option and employer plan on your statement. Lifecycle members need to choose the relevant stage. APRA's investment pathways may include closed options held by existing members.
| Measure | PSSap MySuper |
|---|---|
| Return basis | MySuper net return after administration costs, $50,000 representative member |
| 3-year return, per year | 9.74% |
| 5-year return, per year | 6.77% |
| 7-year return, per year | 7.10% |
| 10-year return, per year | 7.57% |
| APRA strategic growth allocation | 69.06% |
| Reported total fees, net of tax, at $50,000 | $455 a year (0.91%) |
| Administration and advice costs, net of tax (included in total) | $75 a year |
| 2026 performance test | Pass |
| New-member status at reporting date | Check the current product eligibility rules |
Source: APRA Comprehensive Product Performance Package 2026, published 28 August 2026. Fees reflect the reporting year to 30 June 2026, are net of tax, use standard arrangements and exclude member-activity fees. Dollar figures are rounded. They are not a current quote. Check the latest PDS for changes, insurance premiums and any separately charged advice.
Returns are annualised historical results. Different return bases, risk levels and periods cannot be treated as interchangeable. MySuper net returns use a $50,000 representative balance even when you change the fee balance. A lifecycle stage return does not track a person moving between stages. Missing figures mean not reported, not zero. Past returns do not predict future returns. Read our method and APRA's definitions.
A CLOSER LOOK
Inside PSSap
Accounts and products
Public Sector Superannuation Accumulation Plan. CSCri retirement accounts use the same fund ABN but have separate terms.
PSSap employer-sponsored membership
PSSap personal accumulation
CSCri retirement income
Investment choices
PSSap MySuper Balanced
Members can choose among four investment options. The MySuper comparison applies to Balanced; it does not describe every PSSap account.
Insurance
lifePLUS can provide death, total and permanent disability and income protection cover. Automatic cover depends on eligibility.
Retirement income
CSCri is a separate retirement income product. Its fees and tax treatment need a separate comparison.
Comparing investment performance
Use the same balance, investment risk and reporting date on both sides.
THE LEGAL FUND
Fund size in APRA's annual reporting
Public Sector Superannuation Accumulation Plan
At 30 June 2025. These are legal-fund totals, which can include several products and more than one account per person.
APRA annual fund-level statistics, June 2025. These older totals can differ substantially after mergers. Size is not a measure of suitability or investment quality.
Sources for PSSap
Checked 2026-09-11. Documents and product terms can change after this date.