Superannuation



Superannuation Information




Superannuation Guarantee Act

The Superannuation Guarantee Act was introduced to ensure that most employees receive superannuation support from employers. An employer must provide a set minimum amount of superannuation support for employees. The current minimum amount is 9% of the Ordinary Time Earnings. The superannuation contributions must be paid into a superannuation fund or Retirement Savings Account (RSA) which meets Government requirements