Fact Sheets

To make superannuation easier, we have put together the following fact sheets about various aspects of super. Simply choose a topic and click on that fact sheet to read about it.

Ordinary time earnings
From 1 July 2008, all Superannuation Guarantee (SG) contributions must be calculated using ordinary time earnings (OTE) as the earnings base.

Salary Sacrifice
Salary Sacrificing into your super fund is a great way to get ahead and there numerous benefits and issues to be aware of.

Government co-contribution scheme
If you are eligible and make personal contributions to your superannuation fund, the Government will match your contribution with a co-contribution up to certain limits.

Choice of Super Fund
Eligible employees have a right to choose their super fund and as a result there are responsibilities for employers.

Contractors and superannuation
Some contractors are defined as employees under SG legislation and are entitled to receive super contributions.

Beneficiary Nominations
You can choose who will get your super and insurance payments if you die before you retire, however your choice may not be legally binding.

Where is your super?
It is easy to find out where all your old super amounts are currently and consolidate them.

UK Pension transfers
Professional Associations Superannuation Fund, of which RecruitmentSuper is a division, is now a Qualifying Recognised Overseas Pension Scheme (QROPS). This means no extra UK tax will apply if you transfer your UK pension(s) into your RecruitmentSuper account, provided certain conditions are met.

Please note that this information is of a general nature only and does not take into account your personal objectives, situation or needs. Before making a decision about RecruitmentSuper, you should consider your own requirements and the relevant Product Disclosure Statement.