As a cornerstone of Australia’s compulsory superannuation system, the superannuation guarantee (SG) increases the living standards of Australians in retirement and has a positive impact on the Australian economy. Employers across all sectors are therefore required to comply with their SG obligations concerning their employees – however, what does this actually mean?
Join Tim Capelin (Partner, Employment Relations), Lisa-Marie McKechnie (Partner, Financial Services) and Kathy Neilson (Partner, Financial Services) as they discussed the fundamentals of the SG and what it means for employers.
Topics covered include:
- The essence of the SG – what it is, how it is calculated, when it needs to be paid, what happens when it is not paid (or not paid in time or to the wrong fund) and choice of fund rules.
- Important recent legislative changes that impact employers, including the new stapling rules.
- Key upcoming changes, such as the requirement for employers to make SG payments concurrent to payment of salaries and wages.
|The workshop is open to all organisations, excluding other legal service providers.|