The information contained in this section of the website is provided in good faith as general educational material only and, where applicable, is based on stated assumptions. Any information provided or derived from examples or calculators should not be relied on as a true representation of any actual superannuation entitlements or benefits from any particular fund or scheme.

The information and material on this website is to assist you to gain a broad understanding of superannuation and other general financial matters, is provided for general information only, and has been prepared without taking into account your particular financial needs, circumstances and objectives.  You should not rely on any information or material on this website, and before making any investment decision we recommend that you consider whether it is appropriate to your situation and seek appropriate financial, taxation and legal advice.

Links and frames connecting this website to other websites are provided for your convenience only, and do not mean that Guild Trustee Services Pty Ltd or Guild Financial Services Limited endorse or approve those other websites or their content.

Guild Trustee Services Pty Ltd (the Trustee of Child Care Super), Guild Financial Services Limited and their directors, officers, employees and agents make no representations and give no warranties in respect of, and to the extent permitted by law, exclude all express or implied representations and warranties in relation to, this website and/or the accuracy, currency or completeness of any information or material provided at or through this website.

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Home Members How super works for me Who pays it?

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Who pays super?

Employers

Employers in Australia are required to contribute the Superannuation Guarantee (SG) minimum of 9% of an employee's earnings base for most employees to a complying super fund.

So, in theory if you earn $20,000 a year before tax, an employer will contribute $1,800 a year to a complying super fund on your behalf. So your total remuneration is really $20,000, plus the $1,800 which is paid into your super account.

You

You can contribute extra to your super savings, either on a before-tax basis or after-tax basis. Contributing extra can make a substantial difference to your super savings. To find out how to contribute extra, go to the additional contributions page on this site.

To find out what a difference an extra $20 a week can make to your super benefit, read about Mandy on the Co-contributions flyer. Her super jumped by almost a quarter of a million dollars over 35 years!