Membership of the Fund is open to anyone in the waterfront industry who works for an employer that participates in the Fund, provided that employer is willing to contribute to the Fund on behalf of their employee as required by the trust deed. There are currently more than twenty employers participating in the Fund.
In the simplest terms, the Fund collects contributions from its members and their employers, invests those contributions to earn a return for its members and then pays benefits to those members when they finish working in the waterfront industry.
Membership at 31 March 2010
| Current Members | 867 |
| Deferred Beneficiaries | 159 |
| Pensioners | 8 |
Fund Size at 31 March 2010
$116.3 Million
Accumulated Balance
Accumulated Balance 10 years ended 31 March 2007
The diagram to the left indicates the balance of a member's account for a member earning port average wages and contributing to the Fund under the balanced strategy over the past 10 years. However, past performance of the Fund is not, and should not be taken as, an indicator of the future performance of the Fund, or of the returns a member can expect from the member's contributions to the Fund.
For further information before applying for membership you should refer to the information contained in the investment statement or request a copy of the investment statement from the Fund office free of charge.
Interested in joining?
Please read the Fund’s Investment Statement, complete the application form at the back of the Investment Statement and give it to your employer.
Copies of the Fund’s Investment Statement can be obtained from the Fund office free of charge
