Contribution rates

Contribution rates can vary depending on which division and category your employees join. Refer to Employer Guides for more information.

According to superannuation law, you are required to contribute a minimum level known as Superannuation Guarantee (SG) contributions for eligible employees. Generally, you will need to pay super contributions of 9.5% of Ordinary Time Earnings for any of your employees who are aged 18 and over and receiving a wage of $450 or more a month. You may be required to make higher contributions where specified under an award or industrial agreement.

In general, contributions must be made within 28 days of each quarter end. Although, if after tax contributions are deducted from a member's pay, these must be paid within 28 days of the end of the month in which they were witheld. For the Accumulation Plus category contributions must be remitted immediately.