QSuper (State Public Sector Superannuation Scheme)

Superannuation (State Public Sector) (Scheme Administration) Amendment Bill 2021

This bill enables the merger of QSuper and Sunsuper into Australia's second largest superannuation fund, with around $200 billion under administration. It retires the QSuper Board as trustee, moves the trust deed out of legislation to allow a new corporate trustee structure, and ensures the merged fund must remain headquartered in Queensland.