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Old 19th Dec 2006, 05:49
  #238 (permalink)  
priapism
 
Join Date: Aug 2005
Location: Melbourne, oz
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R3Please,

Ansett crew got all their super and quickly. ( wrong again lowerlobe but don't let the facts get in the way of a good bit of scaremongering )The fund was fully funded at the time of the collapse and always had been thanks to the good work of the trustees, 3 of which were flight attendants and union reps.

My understanding is that if there is a surplus in company superannuation funds ( i.e there is more in there than required to pay everyone out ) then the company can use the surplus.

I am assuming that the 231 mill. is surplus at present . This can occur with benefit promise type funds when investment performance exceeds the amount promised.

I would imagine the super you are entitled to is safe and sound .

Are many flight attendants/union reps trustees of your super fund??
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