WORKERS ARE MISSING OUT ON SUPER
An alarming 2.4 million, or almost one third of entitled Australian workers are missing out on some or all of their super payments.
The extent to which employers are dodging their super obligations is much greater than previously thought, new research reveals.
It’s not fair because YOUR super is YOUR money, YOUR retirement savings.
Knowing about it, let alone getting that unpaid super back, can be frustrating.
The Parliament has established a Senate Inquiry to look into this important issue.
Industry SuperFunds are calling on Parliament to strengthen the system and close the loopholes that allow rogue employers to get away with not paying super.
You can help by sharing your story of unpaid super. We will pass it on to the Senate Inquiry and use it to campaign for a fairer super system.
If your employer hasn't paid your super either now or in the past, and you would like to lodge a submission directly with the Inquiry, you can do so here.
HOW MUCH SUPER SHOULD I BE GETTING?
Employers are currently required under the Super Guarantee to contribute 9.5% of a worker’s wage to their nominated superannuation fund.
Generally, you’re entitled to the Super Guarantee if you are 18 years old or over and paid $450 or more (before tax) in a month. Whether you’re full time, part time or casual, or a temporary resident of Australia – you’re still covered.
TAKE A STEP TO RECLAIM YOUR SUPER
If you believe your employer is either not paying any super, or not paying enough, check your last super fund Member Statement and ask your employer to confirm what contributions they have made for the period you are looking into.
You can also contact your super fund to find out what payments have been made and what obligations your employer may have. If you're a member of an Industry SuperFund, you can find their contact details here.
If you’re not satisfied, lodge a complaint with the ATO, who will investigate your claim. Contact the ATO here.