Disclaimer

The results obtained from these calculators are for general purposes only to illustrate the effect of compound interest and are not intended as a substitute for professional financial advice. Before making any financial decisions on the basis of these results, you will need to consult with an independent financial planner or accountant as well as consider whether the advice is suitable to meet your personal financial objectives and circumstances.

The actual performance of any investments will depend on future economic conditions, investment management, fees and taxation. Past performance is no guarantee of future performance and as a result of this, all the results are hypothetical and are NOT GUARANTEED.

Nambawan Super specifically disclaims any liability for any direct, indirect, incidental, consequential or special damages arising out of or in any way connected with the access to or use of these calculators. To the extent permitted by law, under no circumstances will Nambawan Super be liable for any loss or damage caused by a user's reliance on the information by using these calculators.

Assumptions

Projected super balance at retirement:

The projected total super balance takes into account your starting balance, employee and employer contributions, any additional voluntary contributions as well as interest earned between now and your retirement.

Retirement age:

We have assumed a default retirement age of 65. This can be adjusted in the calculator.

Working life:

The calculator assumes that you will have a continuous working life with no breaks up to your retirement age.

Interest rate:

The default investment returns have been set at 6.0%. This is based on the Nambawan Super 10-year average interest rate.

Employee contributions:

PNG Superannuation laws dictate that 6% is the mandatory minimum contribution for employees to make. Employees may choose to contribute more than the minimum.

Employer contributions:

PNG Superannuation laws dictate that 8.4% is the mandatory minimum contribution that employers have to make. Employers may choose to contribute more than the minimum.

Main Products

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Retirement Savings Account

An RSA is an account specifically for retirement benefits so that retirees can receive regular payments, while the balance continues to earn interest.

Retirement savings
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Voluntary Contributions

As a Member of Nambawan Super you have the ability to further boost your super account by making Voluntary Contributions.

Voluntary contributions
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Choice Super

Members of Choice Super contribute towards their retirement on a voluntary basis. Ideal for companies with less than 15 staff, SME’s or expatriates.

Choice super

Product Features & Services

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Housing Advance

Members have the ability to access part of their super to assist with their housing needs.

Housing advance
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Employer Boost

Employers can invest in boosting their contributions to reap long-term rewards for a brighter future for their employees.

Employer super contributions
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Financial Literacy Training

Members can benefit from FREE financial training and tools needed to build wealth into retirement.

Financial literacy training
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Discount Program

Enjoy the savings as a Nambawan Super Member, when you present your Membership card at our Discount Partner outlets.

Discount program
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