Code |
Description |
PAYG |
Comment |
|
|
|
|
SA |
SG Contributions (compulsory) |
No |
Legislated compulsory Superannuation Guarantee Act contributions. |
|
|
|
|
CA |
Collective Agreement |
No |
These are company wide agreements that contain employer superannuation contributionswhich normally
exceed the legislative requirements.
|
|
|
|
|
EA |
Employer Additional |
No |
Used in funds where the Employer contributions may be fully vested and an additional account is required if the additional employer contributions are not fully vested. |
|
|
|
|
PR |
Productivity Contributions (Award) |
Yes |
Used where Productivity/Award contributions need to be identified separately rather than included in SA. For example the union may require the contributions to be shown separately on the payslip. |
|
|
|
|
RC |
Redundancy Contributions |
No |
Used for Redundancy funds – offered by certain industry funds. |