PLEASE NOTE: From 1 November 2021, employer superannuation obligations in respect of new employees are changing.
Employers may be required to check whether their new employee has a 'stapled superannuation fund' and act accordingly. For further information see the ATO website: Request stapled super fund details for employees.
Most modern awards contain a superannuation clause requiring an employer to make sufficient superannuation contributions to a superannuation fund for the benefit of an employee to avoid the employer having to pay the legislated superannuation guarantee charge.
The contributions are to be made to a default superannuation fund specified in the modern award unless the employee has chosen another fund for the contributions.
Beyond the Transitional Review of modern awards that commenced in 2012, the Fair Work Commission is responsible for further reviewing superannuation in relation to modern awards in 2013 and then as part of the 4 yearly review of default fund terms of modern awards commencing as soon as practicable after 1 January 2014.
From this site you can access information about the reviews, including the procedure for submitting applications. The site is updated when information and documents become available.
Notice inviting superannuation funds offering a standard MySuper product to apply to the Commission to have the product listed on the Default Superannuation List. Applications must be lodged with the Commission by Monday, 28 April 2014.
Notice inviting superannuation funds offering an employer MySuper product and employers to which an employer MySuper product relates to apply to the Commission to have the product included on the Schedule of Approved Employer MySuper Products. Applications must be lodged with the Commission by Monday, 28 April 2014.