Superannuation guarantee

The current superannuation guarantee rate is 12% of your ordinary time earnings.

If you are covered by an award or an employment agreement which gives you a higher super than 12%, your employer has to pay the higher rate.

Remember to check your firstonline account to see that you’re being paid super.

When does the super guarantee get paid?

Your employer will need to pay your super at the same time as your salary and wages. Super guarantee payments must be received by your super fund within 7 business days after you receive your wage.

Super is a long-term investment and your superannuation guarantee payments aren’t the only way to add to your super.

Add more to your super

Small changes now can have a big impact come retirement

If you can add more to your super yourself, every little bit helps. Try our super contributions calculator to see how much difference you could make to your retirement by adding a little more to your super.

Who is eligible for super guarantee?

Whether you are working full time, part time or casual, your employer is legally required pay superannuation guarantee (SG) contribution of 12% of your ordinary time earnings (OTE).

The only exception is if you’re under 18 years of age. In this case you’re only eligible for SG contributions if you work more than 30 hours in a week.

SG contributions are made from your before-tax income and will generally be disclosed on your payslip along with your income and any tax withheld.

We’re here to help, so give us a call.

If you have any questions, please call our Members Services Team on 1300 360 988, or email us.