Women are still retiring with around 25% less super than men.* This International Women’s Day, let’s accelerate action and drive progress towards better retirement outcomes for women.
At Media Super, we strongly believe every woman deserves to retire with dignity, which is why we’re committed to improving our female members’ retirement.
Women have historically faced challenges in building their superannuation. They are more likely to take time out of paid work to care for families, often during key earning years, as well as work in sectors where wages are on average lower.*
This year from 1 July, legislation will come into place where super will be paid on the Commonwealth Paid Parental Leave Scheme, a change Media Super has long championed. Due to these changes, a mother of one may be $4,526 better off at retirement if she receives super on the 24 weeks of Paid Parental Leave.^ It’s a step forward for working families, and in particular, women.
We’re hosting a series of special webinars designed for women. Topics include:
- How to take control of your super
- Why women accumulate less super & how to close the gap
- Strategies to boost your super
- What a comfortable retirement looks like
- Consider topping up your super by making extra contributions
- Combine your super into one account to avoid paying multiple fees
- Find your lost super by logging into MyGov and linking your ATO online account
- Speak with a Media Super adviser or join one of our education sessions
The gap is closing, but there’s more work to be done. Join us to learn how small changes now can make a big difference later.
* The Association of Superannuation Funds of Australia, ASFA Research: An update on superannuation account balances, September 2024,
^This example is provided for illustration purposes only and is not intended to replace financial advice. It doesn’t represent the benefits that you could receive as the outcome will depend on your personal circumstances. The illustration is based on a super account invested from age 30 to 67 with 5.75% pa return (net of tax). Assumptions include an annual salary of $100,000, 2.5% per year rise in the costs of living (inflation), SG rate of 12%. Starting balance under Paid Parental Leave scenario calculated assuming an additional amount equivalent to the SG amount payable on 24 weeks’ of Parental Leave Pay at $915.80 per week. Refer to the Cbus Super Retirement Income Calculator for full assumptions. Source: Cbus Super Retirement Income Calculator, accessed 10 February 2025
This information is about Media Super. It doesn’t account for your specific needs. Please consider your financial position, objectives and requirements before making financial decisions. Read the relevant Product Disclosure Statement (PDS) and Target Market Determination to decide what’s right for you. Call 1800 640 886 or visit mediasuper.com.au
United Super Pty Ltd ABN 46 006 261 623 AFSL 233792 as Trustee for the Construction and Building Unions Superannuation Fund ABN 75 493 363 262 offering Media Super products (Media Super)
