Welcome
Your obligations in detail
We are happy to receive your feedback
Information to help employers and members make payments.
Our Client Relationship Managers are available
Managing employees' contributions
Payroll deduction must be set up in your payroll system with the correct amounts to be deducted from each pay. They also need to be set up in a manner that allows you to identify the correct type of contribution for each Division, for example, if it is a:
- concessional (pre-tax or salary sacrifice),
- non-concessional (post-tax),
- top-up (concessional or non-concessional),
- Superannuation Guarantee (SG),
- Spouse,
- award
Correctly advising the type of contribution is imperative to enable the Scheme to correctly allocate it to the members account to ensure that the correct level of tax is deducted, where applicable and to allow accurate reporting to the ATO.
What must I do once payroll deductions have been set up?
- deduct the contribution from each pay
- ensure the amount/s is placed in the correct column(s) of the Contribution Return Spreadsheet (Div A, Div B, Div D & Div E)
- reconcile amounts due for Div B & D - it is the responsibility of the employer to reconcile
- remit contributions by the 28th day of the month following the month deducted, or can be remitted each pay run
Contribution caps apply on the amount that can be paid into a member's account. There are also age restrictions relating to contributions. Refer to the Employer Handbook for more information.