Advice for your Equip Super account, employer plan or defined benefit.
If a letter still says Togethr, or you heard Equip Super was merging with TelstraSuper and filed it unread, you’re not alone. The fund still holds ordinary MyFuture accounts, corporate employer plans and defined benefit sub-plans that go back to Victoria’s electricity industry.
Did Equip Super merge with TelstraSuper?
The short answer is no, and that’s worth saying plainly.
Equip Super’s 10 December 2025 Annual Member Meeting minutes record that the proposed merger with TelstraSuper, pursued earlier that year, didn’t proceed. Your account didn’t move. The trustee on Equip Super’s own fund-details page is still Togethr Trustees Pty Ltd (checked August 2026).
If the 2024 heads-of-agreement letters went in a drawer, that’s the whole update. Equip Super stayed Equip Super. Catholic Super stayed a division of the same fund. Nothing in that cancelled deal changed the rules of a MyFuture account, an employer plan or a defined benefit sub-plan.
Which Equip Super arrangement do you hold?
The account, employer plan or defined benefit decides which options apply.
Equip started in 1931 as the pension fund of the State Electricity Commission of Victoria. It took the Equipsuper name in 1998 after the electricity and gas industry funds came together, and it became a public offer fund in 2005 — meaning anyone could join, with or without an employer connection. Along the way it took on employer plan after employer plan, including Rio Tinto Staff Super in 2017 and Toyota Super and BOC Super in 2021, which is why the fund contains more than one kind of member.
If you hold a MyFuture account, your super is what went in plus what markets did, minus fees, and the retirement question is one of timing, drawings and tax. If you’re in an employer plan, there may be arrangements attached that a public-offer account doesn’t have. If you’re in a defined benefit sub-plan, your entitlement is worked out by a formula from your salary and service — though some plans also carry accumulation-style accounts that do move with investment returns, and some pay the greater of the two.
Equip Super describes its defined benefit schemes as generally closed to new members, and its defined benefit investment option isn’t available for any member to choose — a good indication of how separately those sub-plans are run. If you’re in one, the usual retirement commentary isn’t written for you. See our defined benefit guide if a formula benefit is on the statement.
Is Catholic Super the same as Equip Super?
It’s worth understanding, because it explains what your paperwork says.
Equip Super and Catholic Super sit inside the same fund. The trustee is Togethr Trustees Pty Ltd, the legal fund is Equipsuper, and Catholic Super is a division of that fund. Both brands were deliberately kept when the two joined forces in 2019. The full merger completed in 2021, and a 2023 One Fund program lined up the operations behind the two names.
Counted together at 30 June 2025, Equip Super published 135,741 members and $36.9 billion under management. Catholic Super’s own fund-details page repeats those same figures and still describes itself as a division of Equip Super (checked August 2026).
Day to day, the structure changes very little. It matters when a letter carries a name you don’t recognise, and when you’re trying to work out which set of rules your own entitlement sits under. If your documents are Catholic Super-branded, our Catholic Super page is the closer fit.
What should I work out before I start drawing?
Start with the rules of your account or plan, then compare the available choices.
- Which kind of member you’re
- A MyFuture account, an employer plan, or a defined benefit sub-plan. Settle this before anything else, because almost every other answer follows from it. Settle this first
- Which retirement account, and when
- Equip Super offers a Transition to Retirement Income account while you’re 60 to 64 and still working, a Retirement Income account once you have finished or turned 65, and MyPension as the default mix inside the Retirement Income account. The choice and the timing set your tax treatment and feed into your Centrelink position.
- Service with an employer plan
- Employer plans frequently carry entitlements and elections — formal choices you have to make — that an ordinary account doesn’t, and some can only be made once. Read them before you set a finishing date, not after the paperwork is lodged. Decision is permanent
- How much to move across
- There’s a lifetime lid on how much you can park in a tax-free retirement account. Equip Super publishes that lid — the transfer balance cap — as $2.1 million for 2026–27. You also can’t drip extra money into an existing Retirement Income account later without closing it and starting again, so the first transfer is the one that counts.
- Your Age Pension position
- Equip Super says the dollar amount of each drawing from a Retirement Income account doesn’t decide your Age Pension, but the remaining balance does. Centrelink is looking at what you still own, not at how much landed in the bank that fortnight.
- Two nominations, not one
- Your nomination decides who receives your super when you die — your will doesn’t, as Equip Super states on its beneficiaries page. A binding nomination has to be remade every three years. Members holding both an employer plan and a MyFuture or income account routinely update one and forget the other.
Where are you up to?
Choose the option closest to where you’re now. You can change it at any time.
If you’re between stages, choose either one to begin. You can change your selection at any time.
The last few working years
This is the stretch where it pays to know whether you hold a MyFuture account, an employer plan or one of Equip Super’s defined benefit sub-plans. The three don’t follow the same rules, and the statement is where that answer lives.
These are also the last years of contributions at the 15% tax rate, including any unused room carried forward from earlier years, tested against your total super balance. Time that alongside insurance cover you might still want, rather than treating them as two separate errands.
At the decision point
Whether you can stop depends on what you spend and what else you own. Equip Super’s two income accounts — a Transition to Retirement Income account and a Retirement Income account, with MyPension as the default investment strategy inside the latter — have different eligibility, tax and investment rules, and the order you open them in is a real choice.
If you hold a defined benefit, this is where its payout rules matter most. Equip Super says those plans generally open up from age 65, with a lump sum, a Retirement Income account or a rollover as the usual menu, and some elections can’t be reversed.
Already drawing on it
On a Retirement Income account you can change the payment amount, the frequency and the investment mix later. Settings that suited the first year of retirement often don’t suit the fifth. Equip Super lets you edit payments in Member Online, under Withdrawals.
Compare the yearly amount with what you actually spend, and re-read the beneficiary nomination if you haven’t looked at it since the account was opened. A binding nomination expires after three years.
What members ask us
Who actually runs Equip Super?
The trustee is Togethr Trustees Pty Ltd ABN 64 006 964 049 (AFSL 246383), and the fund is Equipsuper ABN 33 813 823 017. Catholic Super is a division of the same fund. Both brands were kept when they joined forces in 2019, and Equip Super’s own site still lists Togethr as trustee (checked August 2026).
As at 30 June 2025 the fund reported 135,741 members and $36.9 billion under management across both brands. The name on a letter can be Equip Super, Catholic Super or Togethr. Equip Super and Catholic Super are two divisions of the one regulated fund, and Togethr is the trustee company that runs it — not a third fund.
Did Equip Super merge with TelstraSuper?
No. Equip Super’s 10 December 2025 Annual Member Meeting minutes say the proposed merger with TelstraSuper pursued earlier in the year didn’t proceed. Your Equip Super account stayed put.
Togethr Trustees Pty Ltd is still named as trustee on Equip Super’s published fund details (checked August 2026). If you filed the 2024 and 2025 merger letters unread, that’s the update: the deal was called off, and nothing transferred.
Is Catholic Super the same as Equip Super?
Catholic Super is a division of the Equipsuper fund, not a separate trustee. The joint venture was announced in 2019, the full merger completed in 2021, and a 2023 One Fund program aligned the two brands operationally.
Catholic Super’s own fund-details page still says it’s a division of Equip Super, with the same trustee and the same 30 June 2025 member and asset figures. Your product name, login and USI can still say Catholic Super. The money sits in the same fund.
Does Equip Super have a defined benefit?
Yes, in employer sub-plans rather than across the whole fund. Equip Super describes these schemes as generally closed to new members and says it’s a leader in managing and investing them for employers and their employees. Its defined benefit investment option is used inside those sub-plans and isn’t available as a choice to any member of the fund.
If you’re in one, your entitlement is worked out from a formula — typically salary and years of service — rather than from an investment balance that rises and falls with markets. Think of it as a promised amount under the plan rules, not a pot you pick investments for. The elections attached to it are usually permanent, so read your own sub-plan documents before you set a finishing date.
What is Equip Super’s USI and ABN?
Equip Super publishes fund ABN 33 813 823 017 and Unique Superannuation Identifier (USI) 33 813 823 017 000. Those are the details an employer uses to pay Super Guarantee into an Equip Super MyFuture account.
Catholic Super, as a division of the same fund, publishes different USIs (33 813 823 017 601 for super and 33 813 823 017 699 for pension) on csf.com.au. For employer contributions, use the accumulation-product USI for your division (pension products have their own USIs that can't accept employer contributions) — confirm it with the fund or on your choice form.
What is Equip Super MyPension?
MyPension is Equip Super’s set-and-forget investment strategy for a Retirement Income account. It splits your money into three buckets: about three years of your chosen income in Cash, with the rest split between Capital Stable and Growth. Equip Super reviews and rebalances those buckets every April and October so the Cash bucket holds at least two years of income.
If you open a Retirement Income account and don’t pick an investment option, you’re put into MyPension automatically. You can switch out at any time; after that you choose the mix yourself and Equip Super no longer rebalances for you. MyPension isn’t available on a Transition to Retirement Income account.
What is an Equip Super Transition to Retirement account?
An Equip Super Transition to Retirement Income account (TTR) is for members aged 60 to 64 who are still working. It sits beside your ordinary super account and pays you a regular income from super while you keep earning, which some people use to cut hours without cutting take-home pay. Equip Super sets the yearly drawing between 4% and 10% of the TTR opening balance, reset each 1 July.
Once you turn 65 the TTR converts automatically to an Equip Super Retirement Income account. If you retire fully before 65 you can convert it yourself. Payments from both accounts are generally tax-free from age 60 — the difference is the investment earnings, generally taxed at up to 15% inside a TTR and untaxed once the account is in retirement phase.
How far back does Equip Super go?
To 1931, when the State Electricity Commission of Victoria set up a pension fund for its employees. It became the Victorian Electricity Industry Superannuation Fund in 1993, merged with the Gas and Fuel Superannuation Fund in 1997 to form the Victorian Energy Industry Superannuation Fund, and took the Equipsuper name in 1998. It became a public offer fund in 2005, meaning anyone could join without an employer sponsor.
That energy-industry start, plus later corporate transfers such as Rio Tinto Staff Super (2017), Toyota Super and BOC Super (both 2021), is why the fund still holds defined benefit sub-plans and employer plans next to ordinary MyFuture accounts.
What happens to my Equip Super defined benefit when I retire?
Each defined benefit sub-plan has its own rules. Equip Super says these plans generally let you access the benefit from age 65, and the usual choices are a lump sum, a transfer into an Equip Super Retirement Income account, or a rollover to another fund.
The formula, the date it crystallises and whether a pension is even on the menu sit in your own sub-plan documents, not in the MyFuture PDS. Confirm the estimate and the elections with Equip Super — some choices can only be made once.
Should I stay with Equip Super?
If you’re happy with Equip Super, there’s often no reason to move — and we’ll say so. If you’re not sure it still stacks up, Guideway specialises in industry, government and corporate super funds and can benchmark yours against five leading comparable funds so you know exactly where it stands.
If it holds up, you’ll know you’re fine. If it doesn’t, we can help you weigh a move and handle it properly — insurance, timing and tax included. An employer plan or defined benefit sub-plan can have settings that don’t travel, so those sit in the comparison rather than after it.
What does a first conversation cost?
Nothing. It’s a free half hour. Tell us what you’d like to discuss and we’ll explain if and how we can help, including any fees, before you decide to go ahead.
We’re not owned by a bank, super fund or insurer.
Guideway is a separate advice firm that specialises in industry, government and corporate super — including corporate and defined benefit plans like Equip Super’s.
Your arrangement first
We start with whether you hold MyFuture, an employer plan or a defined benefit sub-plan, then work from what’s on the statement.
The outcome stays yours
That might mean keeping the account, changing a setting, or looking at another option. We don’t arrive with a preferred result.
We’ll say if we can take it
After the first chat, you’ll know whether the work is something we do and what it would cost.
What happens next
Three steps. You can stop after the first one.
- 1. Book a free half hour
- Pick a time that suits. Video, phone, or in person in Melbourne.
- 2. We listen
- You tell us what’s on the statement and what’s worrying you. We’ll say honestly if and how we can help.
- 3. You decide
- There’s no obligation. If you go further, you’ll know any fees before work starts.
Ready to talk?
You’ll speak with Nareena Aracas or one of her team. The half hour is free. If we take it further, you’ll see the fee before you agree to anything.
About our adviser team
Nareena Aracas leads the Guideway Wealth advice practice, supported by a broader team of advisers.
- Nareena AracasSenior Financial Planner · Authorised Representative no. 398311
- Scott NanfroSenior Financial Planner in the broader adviser team · Authorised Representative no. 1255832
Authorised Representatives of Guideway Financial Services Pty Ltd ABN 46 156 498 538, AFSL & ACL 420367. Ask us for a Financial Services Guide at any time.
Looking for Equip Super’s login or contact details?
Guideway Wealth is a separate financial advice service. For your balance, Member Online, forms or account administration, go directly to the official Equip Super website. The fund’s helpline is 1800 682 626, Monday to Friday 8:00am–8:00pm AET.