Superannuation is a way of saving money to provide benefits for:

• when you retire
• if you become an invalid, or
• your beneficiaries upon your death.

Super funds and retirement savings accounts

Your employer contributions must be paid into a:

• complying super fund, or
• retirement saving account.

Employer contributions

Your employer must pay super for you if you are eligible. To be eligible you must be:

• aged 18 years or over but under 70 years of age, and
• paid at least $450 (before tax) in a calendar month.

Choosing your fund

Generally, you can choose the super fund you want your super contributions paid into as long as it is a complying super fund.
A complying super fund is a fund that meets certain government rules. We recommend you confirm with the fund’s trustee that your fund complies.