Advice for your Team Super account or benefit.
If the merger letters went in a drawer, you’re not alone. Mine Super rebranded to Team Super on 20 January 2025, and TWUSUPER merged in on 21 March 2025. The fund still holds accumulation accounts and several defined benefit arrangements. We can help you confirm what you hold and review the options that apply. The first chat is free, and you’ll know any fees before you decide anything.
What happened to Mine Super and TWUSUPER?
Two names, one fund, and a pair of dates that matter.
Mine Super took the Team Super name on 20 January 2025. TWUSUPER then transferred in on 21 March 2025, and Team Super’s media release that day reported approximately 150,000 members and $22 billion under management.
The fund traces its roots to 1941 and the Coal and Oil Shale Mineworkers (Pensions) Act, which is why the trust deed still carries things a modern accumulation fund doesn’t. Former TWUSUPER members keep the same member number and register for Team Super’s online account with an Australian mobile.
You still hold an accumulation account, a pension, or one of the closed statutory arrangements. What changed is the name on the statement, and in some cases the insurance document that sits next to it.
Does Team Super have a defined benefit?
Closed statutory and industry arrangements continue under their own rules.
Team Super’s trust deed still includes a Defined Benefit Sub-fund covering the old New South Wales statutory benefits scheme, referred to as the NSW Miners Pension Sub-fund. Membership of that scheme closed in 1993.
A separate schedule covers the standard Team Pension and the Queensland statutory pensions payable to coal mineworkers. Eligible WA coal mine workers can hold a WA Coal Division defined benefit, worked out as membership multiple times a yearly benchmark amount, with the multiple built at 12% for each year of service after 30 June 1988 (13% a year for service before 1 July 1988) up to age 65. The Mines Rescue Stations Staff Category, closed to new members, was wound up from July 2024.
A formula benefit depends on the scheme rules, service, salary or the benchmark, and any election you’ve already made. Review it separately from an accumulation account. See our defined benefit guide if a formula sits on the statement.
Does Team Super cover insurance for dangerous occupations?
Mining and transport jobs are often the ones other funds won’t insure.
Team Super says its cover is built for high-risk work. Team Super says jobs often excluded elsewhere include miners, truck drivers, loaders, mechanics, flight crew and store persons. Death and Terminal Illness, Total and Permanent Disablement, and Income Protection are the three types on offer.
If you joined on or after 20 May 2024 and the fund treats the job as dangerous, or doesn’t have an occupation on file, Basic Cover in the Default Division can start from age 18 once a mandatory employer contribution has been received, or you’re self-employed, and the balance is at least $500. That’s the dangerous-occupation exception. Ordinary cover elsewhere usually waits until age 25 and a $6,000 balance.
After the Insurance Welcome letter you get 60 days, once, to opt into the Mining Division. Team Super says you don’t need to be a miner to take it. Once you’re in, you can’t switch back, and skipping the window closes it. Pre-20 May 2024 Mine Super joiners, if eligible, stay in the Mining Division only. This is exactly the sort of thing we check in a first chat.
What should I work out before I start drawing?
The questions below can be considered together or one at a time.
- When to open the pension account
- Team Super offers an account-based pension, a pre-retirement pension for members who are still working, and a death benefit income stream. Which one you start, and how much you move into it, sets your tax and your Centrelink position for years afterwards.
- A change to employment or redundancy
- If employment changes or redundancy is offered, review the tax treatment, financial year and effect on access to super before deciding. Timing changes the tax
- If you hold a statutory or defined benefit
- The NSW Miners Pension Sub-fund closed to new members in 1993. Queensland statutory pensions and the WA Coal Division sit under their own rules. These benefits are worked out by formula rather than from a balance, and some choices are permanent. Check the election windows
- Insurance you might lose if you roll out
- Cover written for a dangerous occupation doesn’t automatically follow you to another fund. Check what you hold, and what a receiving fund would actually issue, before any transfer.
- Additional contributions
- Review the annual contribution limits and any unused concessional contribution amounts for which you may be eligible.
- Paid work after retirement
- If you continue to work, include the effect on tax and Centrelink, including the work bonus where relevant. Our retirement planning guide sets out the stages.
- Beneficiary and dependant benefits
- Who receives your super when you die is decided by your nomination and by the type of account. Binding renewals no longer need a witness, after the February 2025 notice. If you’ve been through the merger and not looked at yours since, that’s the one to check.
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, start with either. Switching the selection later doesn’t change anything on your Team Super account.
The last few working years
The final working years can be used to review contributions, investment risk, insurance and the income available under different retirement dates.
If redundancy or another employment change is possible, its tax and super effects can be modelled in advance. Cover written for a hazardous job is worth reading before you change employer or hours.
At the decision point
Team Super’s retirement products are an account-based pension and a pre-retirement version for eligible members who are still working. The timing and amount transferred can be compared.
For a smaller group it isn’t ordinary at all. The trust deed still carries the closed NSW Miners Pension Sub-fund, Queensland statutory pensions for coal mineworkers, and the WA Coal Division formula. A benefit worked out by formula is a different question from a balance, and each election runs on the scheme's own rules and timing windows.
Already drawing on it
Once the pension account is running, you can review the amount, investment mix and the order in which you use different accounts.
Paid work may affect tax and Centrelink, including the work bonus. It’s also worth reviewing beneficiary settings from time to time.
What members ask us
What happened to Mine Super?
Mine Super rebranded to Team Super on 20 January 2025. The merger with TWUSUPER then completed on 21 March 2025, and Team Super’s media release that day reported approximately 150,000 members and $22 billion under management. The legal name of the fund is the Team Superannuation Fund, ABN 16 457 520 308, and the trustee is Team Super Pty Ltd, ABN 70 003 566 989. If your paperwork still says Mine Super, that’s the same account under the new name.
What happened to TWUSUPER?
Mine Super was renamed Team Super on 20 January 2025, and TWUSUPER's members and assets transferred into that fund on Friday 21 March 2025, completing the merger; the old TWUSUPER website was redirected the same day. Team Super says your member number hasn’t changed. From April 2025, transferring members were to receive an exit statement from TWUSUPER and a welcome letter from Team Super. You register for the Team Super online account with that existing member number and an Australian mobile.
Does Team Super have a defined benefit?
Yes, in closed or industry-specific corners rather than across the fund. The trust deed still includes the NSW Miners Pension Sub-fund, whose membership closed in 1993, plus Queensland statutory pensions payable to coal mineworkers, and a WA Coal Division defined benefit for eligible WA coal mine workers. The Mines Rescue Stations Staff Category was wound up from July 2024. A formula benefit is a different calculation from an accumulation balance, and each election runs on the scheme's own rules and timing windows.
Does Team Super cover insurance for dangerous occupations?
Team Super says its insurance caters for members in high-risk or dangerous occupations, including mining and transport jobs that many funds exclude, such as miners, truck drivers, loaders, mechanics, flight crew and store persons. If you joined on or after 20 May 2024 and the fund treats your job as dangerous, or doesn’t know your occupation, Basic Cover in the Default Division can start from age 18 once a mandatory employer contribution has been received, or you’re self-employed, and the balance is at least $500. That is the dangerous-occupation exception to the usual age-25 and $6,000 rule.
What is the difference between Default Division and Mining Division insurance?
Members who joined on or after 20 May 2024 start in the Default Division if they are eligible. There’s a one-off window to opt into the Mining Division within 60 days of the Insurance Welcome letter, and Team Super says you don’t need to be a miner to opt in — but members who came in by successor fund transfer, including former TWUSUPER members, aren't eligible for Mining Division cover. Once you’re in the Mining Division you can’t switch back, and if you skip the window you can’t join it later. Members who joined Mine Super before 20 May 2024 can, if eligible, only hold Mining Division cover. WA Coal members have a separate insurance guide.
What is Team Super’s USI and ABN?
Team Super publishes fund ABN 16 457 520 308 and USI 16457520308001. The trustee is Team Super Pty Ltd, ABN 70 003 566 989. Those are the details your employer should use for Super Guarantee.
How much are Team Super fees?
Team Super publishes administration fees of $0.75 a week plus 0.16% a year on accumulation accounts. Investment fees and costs then depend on the option: High Growth 0.39%, Growth 0.46% and Balanced 0.45% a year, plus transaction costs of 0.07%, 0.07% and 0.06% respectively (Team Super fees page, checked August 2026). There’s no buy-sell spread and no switching fee. Insurance premiums are extra. If the balance is under $6,000 at year end, combined administration, investment and indirect costs are capped at 3%.
How do I log in after the merger?
Log in at Team Super’s own online account, not through this page. Former TWUSUPER members register with the same member number and an Australian mobile; Team Super says the number didn’t change. You can find the number on a welcome letter or annual statement, or by calling the fund on 13 64 63.
Did my account change when the merger completed?
Team Super’s 13 February 2025 significant event notice said existing Team Super members had no direct impact outside a period when some services, including the online account, were unavailable until 14 April 2025. The same notice advised a reduction in insurance premiums and that binding beneficiary renewals no longer need a witness. You can still review the investment option, yearly fees and nomination shown on the account.
Is Team Super a good super fund?
Team Super is a profit-to-member industry fund for transport, energy and mining, with roots to the 1941 mineworkers’ pension arrangements. Its published High Growth option returned 9.05%* a year over the ten years to 31 July 2026, after tax and investment fees and before the weekly administration fee. Past performance is not a reliable indicator of future returns. High Growth is the MySuper lifestage for members under 50, not every account. Whether it fits you still turns on the option you hold, the insurance on the account, and the fees on your balance.
How can I compare different retirement dates?
Start with the income you would like, the accounts and assets available, and the number of years the plan may need to cover. We can compare the figures under different finishing dates or working arrangements.
What happens if I am offered redundancy?
A termination payment can be taxed differently depending on your age and its components, and the financial year may affect the result. It may also change your contribution options, access to super and Centrelink position.
What if I keep working after I start a pension?
Earned income can affect tax and, once you receive the Age Pension, the work bonus changes how much Centrelink counts. The effect can be included when comparing working hours and pension payments.
Should I stay with Team Super?
If you’re happy with Team 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.
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.
Our day-to-day work is industry, government and corporate super — and Team Super sits in the first of those.
Your Team Super arrangement first
We start with whether you hold accumulation or one of the closed or industry-specific defined benefit arrangements, 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
- Choose a video, phone or Melbourne time. A statement helps, but you can still book without one.
- 2. We listen
- You tell us what’s on the statement and what’s worrying you. We’ll say honestly whether the question is one we can take on.
- 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 Team 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 Team Super website.