About RBF

RBF is Tasmania’s public sector superannuation fund and has been Tasmanian-owned and operated since it was established in 1904. As one of Australia’s leading superannuation schemes, RBF offers flexibility in contribution options and benefits.

Membership is available to people working on a casual, contract, permanent or temporary, full or part-time basis for a Tasmanian public sector employer and their spouses. Members who leave the Tasmanian public sector may, on satisfying certain conditions, continue to contribute to the RBF Investment Account.

There are no entry or exit fees charged by RBF.

RBF offers timely, accurate and helpful information to members about their superannuation rights and entitlements.

Schemes available to members are:

• the RBF Contributory Scheme;
• the State Fire Commission Superannuation Scheme;
• the Tasmanian Ambulance Service Superannuation Scheme;
• the RBF Investment Account; and
• the Tasmanian Accumulation Scheme (TAS).

RBF offers a number of benefits including:

• access to consistently good investment returns;
• free personal interviews and workplace seminars;
• salary sacrifice arrangements;
• spouse accounts;
• member investment choice;
• pensions (allocated and life);
• death and ill health cover; and
• brochures.

The RBF Board (the Board)

RBF is governed by a Board of seven Trustees, who are appointed to hold and manage the superannuation entitlements of RBF members and beneficiaries in accordance with the rules of the Fund and other legislative requirements. The Board meets regularly to perform various duties. Examples of such duties include the consideration of a member's death and incapacity benefit, issues of salary and service and the appointment (or removal) of an investment manager. RBF is well served by its staff who together with the Board, always administer the fund in the best interest of all members.

The Duty of the Board

The Board’s duty is to provide benefits on retirement for present and future members. This is achieved through the prudent management and investment of the Fund. The Board strives to ensure that its obligations to both the Government and, most importantly, the members of the Fund are administered properly and effectively.

Business Objectives

The Board considers that its duty to members and Government is best accomplished through the development of direct and valued relationships with its members, based on the provision of quality products, service and good performance.

The Board’s positioning, direction and business goals are:

• to manage an organisation focused on good performance in all areas of activity and effective communication with members;
• to ensure that it offers the right products and services to attract and retain members;
• to be an organisation that effectively and efficiently adapts to changes and provides maximum value to members in today’s competitive market;
• to be an organisation that utilises appropriate and cost effective systems and processes to support members; and
• to develop partnerships and strategic alliances with all stakeholders.