Alcoa of Australia Retirement Plan
Alcoa of Australia Retirement Plan (previously known as Alcoa wages fund No. 2) was established in 1989 to provide employer-sponsored retirement services to employees and their spouses. The retirement plan services both current and previous employees. With around 5,600 members and over $2.2 billion in funds under management making it one of the largest super funds in Western Australia.
Alcoa of Australia Retirement Plan is a complex super fund, administered by the fund and Mercer outsourcing. The Defined Benefit section was closed off to new members from the 1st of January 2001. From that date existing Defined Benefit members have had the option to transfer to the Accumulation section along with new members.
Before making a decision that may be irreversible, you should seek financial advice to help you make a fully informed decision. Growth Financial Planners have over 20 years of experience helping clients navigate the complexities of Defined Benefit Plans including the Alcoa of Australia Retirement Plan.
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If you are looking for more advice regarding your Alcoa of Australia Retirement Plan, contact us today for an initial consultation. Call our office on 08 9535 7708.
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