February MDM is Tuesday 28th... members off duty are encouraged to attend... 

The Maritime Officers Superannuation Trust [MOST] is an accumulation style superannuation fund set up by AIMPE in 1990 specifically to provide for casual officers who, prior to that time, not entitled to any superannuation. MOS originated in the shipping sector and was then extended to the Offshore Oil and Gas sector.

Contribution rates were originally uniform for all MOST members and were struck at 13% [company] and 5% [member] contributions of an average rate of pay for 3/E on blue-water ships. In recent years many Enterprise Agreements have been negotiated with companies to provide contributions based on actual salary [not the average 3/E figure] and in many cases at higher levels of company contributions.

MOST originally carried insurance cover for Death, Total and Permanent Disablement and Temporary Disablement however this proved too expensive and the Temporary Disablement cover was eliminated. MOST members are automatically cover for Death and TPD but if desired may opt out of this cover – by notifying the Administrator in writing.

MOST is now incorporated within the AMP’s CustomSuper master trust. CustomSuper provide a website which enables members to set up online access to their accounts. To register, MOST members should go to AMP Superannuation and enter the MyPortfolio section to register.

For enquiries about the MOST Fund call 1300 364 037

The AIMPE Superannuation Plan is now part of the "SignatureSuper" scheme.