Maritime Super was established on 1 March 2009 as a result of the merger between two maritime industry super funds – the Stevedoring Employees Retirement Fund (SERF) and the Seafarers Retirement Fund (SRF).
Both the SRF1 and the SERF2 have a long, proud history of providing retirement security for maritime workers.
Over 40 years ago, the Waterfront Workers Federation won the right for waterfront workers to have a pension that was partly funded by employers and partly funded by the workers. Six years later, the Seaman's Union won that same right for seafarers.
Both were significant accomplishments for maritime workers, as they had traditionally needed to work long into old age in order to earn enough income to survive on in retirement. A pension provided them with a well-earned 'peaceful place in the sun'.
Continuing the tradition of providing comprehensive superannuation and retirement services to its members, Maritime Super is the largest super fund of its kind for maritime workers, helping members and their families and friends achieve financial security and dignity in retirement.
Maritime Super became a public offer fund on 11th August 2010. This means that while it continues to look after maritime workers, membership is now also open to:
- former members who wish to rejoin
- self-employed maritime workers, and
- all family members and friends nominated for membership by an existing member.
1 Seafarers Retirement Fund (ABN 54 603 323 524) memberships were transferred to Maritime Super on 1 March 2009. The trustee of SRF is Seafarers Retirement Fund Pty Ltd (ABN 29 063 788 670)
2 Stevedoring Employees Retirement Fund became Maritime Super on 1 March 2009.