The Australian Primary Superannuation Fund was formed as a result of merging four major regional and rural superannuation funds including the National Superannuation Plan, the Australian Farm Superannuation Plan, the Rural Employees Agricultural Plan and the Gro-Safe Superannuation Fund. Seafood and agricultural employees and employers can benefit from the Australian Primary Superannuation Fund. The fund is designed to provide financial support to shearing, farming and horticultural employer bodies. The Australian Primary Superannuation Fund is beneficial to members who provide cost effective agricultural services.
Regional and rural employees and employers in the food processing, agricultural and retail sectors can benefit from the Australian Primary Superannuation Fund. Agricultural employers and farmers can register online to become eligible for the Australian Primary Superannuation Fund. The Australian Primary Superannuation Fund provides financial support services to its retired members.
The Australian Primary Superannuation Fund provides its members with the following benefits income protection benefit, retirement benefit, financial hardship and compassionate benefit, death and total and permanent disablement benefit and withdrawal benefit. Eligible members can obtain the fund as a lump sum amount or as a series of lump sum draw downs.