Superannuation Standard choice form Superannuation Standard choice form 2025

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Most people can choose which super fund theyd like their super contributions paid into. You can ask your employer for a standard choice form. This sets out your options. You can go with your existing fund, your employers fund, or choose a different fund.
Also known as a General Compliance Certificate, I learnt this document verifies that your super fund complies with industry regulations and standards. It provides your employer with important information about the fund, including: Fund name. Australian Business Number (ABN) Unique Superannuation Identifier (USI)
There are two kinds of super funds: accumulation funds and defined benefit funds. Most super funds are accumulation funds.
WHAT IS CHOICE OF SUPERANNUATION FUND? Choice of superannuation fund is a new law that gives many employees the right to choose which superannuation fund will receive their employer superannuation contributions.
SuperChoice An online facility that allows your company to add new members, exit members, make contributions and amend member details. Enter Password This field is located at the end of the contribution processing stage. It refers to your Password.
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Search for lost super online using myGov, by phoning our lost super search line or completing a paper form (NAT 2476).
It involves money earned by an employee being placed into an investment fund to be made legally available to members upon retirement. Employers make compulsory payments to these funds at a proportion of their employees wages.
The SG is currently 11.5% of your employees base earnings (ordinary time earnings), and is planned to progressively increase to 12% by 2025. As an employer, you need to: offer eligible employees choice of super fund.

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