SUPER CHOICE

Many Australians are now able to choose which super fund will receive their employer SG contributions. By law, all employers must offer eligible employees a choice of superannuation fund.

 

3 Steps to Super Choice
1. Identify the eligible employee
  • Not everyone is eligible. You are not required to do anything for a non-eligible employee.
2. Offer employee a choice of their super fund
  • Give all employees a Choice of Fund form within 28 days of them starting work.
  • Make sure you complete the employer section of the form
3. Act on their choice
  • You have two months from the day an employee chooses a new fund to switch future SG contributions to that fund.
  • If your employee does not nominate a fund, you must pay their SG contributions to your Employer Fund.

 

More Information:


 

For more information or assistance, please call our friendly Member Services team on (03) 9911 3222 (regional callers 1300 300 820) or email us. 

 
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