Navigating GESB: West State and Gold State Specialists
Work with a GESB Financial Advice Specialist to make informed, confident choices about your super and retirement.
Expertise Where Complexity Meets Opportunity
If you work or have worked in the WA public health system, your superannuation is likely held with GESB. While legacy products like West State Super and Gold State Super offer significant advantages, their untaxed or defined benefit structures and rules can be complex.
To truly maximise your retirement position, you need more than general advice: you need a specialist who understands the nuances of the WA scheme.
Key Considerations for GESB Members:
- The Untaxed Plan Cap: Strategising around the $1.865 million lifetime
untaxed plan cap (increasing from 1 July 2026) to salary sacrifice
significantly more than standard annual limits. - Managing Deferred Tax: Proactively managing the deferred tax payable when
rolling funds out of West State or Gold State. - Contribution Cap Breaches: Ensuring that contributions across multiple
funds (e.g. a private fund and GESB) do not trigger accidental tax
consequences. - Insurance Shortfalls: Reviewing and upgrading default GESB insurance,
which often provides insufficient cover for high-earning medical specialists. - Changes to the State Superannuation Act: Newer members with a (taxed)
GESB Superannuation account are now able to accept contributions from
non-State Government employers.
We work with healthcare professionals to maximise their superannuation savings over the long term. This could be by developing superannuation contribution strategies (salary sacrifice, personal contributions, or spouse contributions), managing super balances against the applicable superannuation balance caps, including those that apply to GESB West State, reviewing the underlying superannuation investment portfolio or evening up super account balances with your spouse.
GESB West State Super is a constitutionally protected, untaxed superannuation scheme. The fund offers unique features and flexibilities, particularly in terms of super contributions that can be made. More detail is contained in an article available on our website at
Super Contribution Strategies for the Medical Profession