Victoria’s Legislative Assembly recently deliberated on the Superannuation Legislation Amendment Bill 2025, targeting the Emergency Services Superannuation Scheme (ESSS) that encompasses over 124,000 public servants. The bill, presented by Finance Minister Danny Pearson, aims to revamp the existing superannuation framework for emergency service workers. Pearson emphasized the need for consistency in applying the 90% superable salary policy, facilitating more frequent contribution rate adjustments, and enhancing support for non-member spouses during bereavement.
The proposed changes also entail modifications to the Emergency Services Superannuation Board’s composition, a move welcomed by Evelyn MP Bridget Vallence, who lauded the empowerment it offers members in managing their financial futures. The bill’s provision to extend the period for spouses or widows to join ESSS and the formalization of the 90% superable salary policy for certain employees were highlighted as crucial enhancements.
However, the alteration in board composition raised concerns, particularly regarding the reduction in State Superannuation Fund (SSF) representatives from three to two. This shift sparked debates among lawmakers, with Greenvale MP Iwan Walters expressing appreciation for the scheme’s beneficiaries, emphasizing the importance of democratic representation in decision-making processes.
Opposition was voiced by Ovens Valley MP Tim McCurdy, who criticized the proposed changes for potentially infringing on members’ democratic rights in board selection. Albert Park MP Nina Taylor acknowledged the necessity to adapt to the declining SSF membership, underscoring the bill’s significance in preserving the scheme’s sustainability.
The historical context of the Emergency Services and State Super scheme, established nearly a century ago to honor those safeguarding Victorians’ safety and well-being, was highlighted by Taylor. Narracan MP Wayne Farnham advocated for an odd-numbered board for effective decision-making, a sentiment echoed by several MPs during the legislative debate.
Despite differing opinions on the ideal board size, the bill successfully passed the Legislative Assembly and is slated for further deliberation in the Legislative Council. The discourse surrounding the bill underscores the complexities of modernizing superannuation legislation and the critical role it plays in supporting emergency service workers and public servants.
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