Qld govt to raid super surplus for budget

Queensland's treasurer has conceded the government is considering raiding the state's $30 billion superannuation defined benefits scheme to help fund infrastructure.

Curtis Pitt announced the move in parliament on Tuesday, conceding the government was likely to rely on some of the fund's estimated $11 billion surplus in the state's June 14 budget.

The admission came after media reports revealed the plan was being considered.

"Normally I'd refrain from commenting on budget speculation," Mr Pitt said.

"But today I can confirm that the government is considering a range of options including repatriating a portion of the large surplus in the QSuper defined benefits scheme, in accordance with advice from the state actuary.

"Our strategy, including our Debt Action Plan, is aimed at reducing general government sector debt while also allowing us to invest in the infrastructure our growing state needs."

It comes after he announced during last year's budget that, for five years, defined benefit employer contributions would be used to pay down the state's debt, rather than be invested in the general pool.

The government promised the scheme would stay in surplus for at least five years.

Opposition Leader Tim Nicholls slammed the government for refusing to release the state actuary's advice.

He said the government was using the same accounting tricks as last year, which proved it didn't have a feasible plan to fund infrastructure and pay down debt.

"This is nothing more than a rapacious raid on the superannuation fund of public servants," he said.

Mr Nicholls said the opposition would release its economic policies closer to the election.

Mr Pitt guaranteed all members' entitlements in the defined benefits scheme would continue to be paid in full as they were due.

He also said there would be no changes to the accumulation superannuation that most public servants used.

Queensland's public sector union, Together, on Tuesday cautiously welcomed the proposal, saying the government should "leave no stone unturned" to address the state's jobs crisis.

But secretary Alex Scott warned the union would seek legal action if the government didn't uphold its guarantee to protect public servants' entitlements.

"Superannuation is too important an issue for our members in the public sector to become a political plaything," he said.