GuildSuper gives you the choice of
eight investment portfolios, however
if you don't make a choice, we'll select
one based on your age.
What contributions am I entitled to?
Most employees are entitled to receive super from their employer.
Generally, you will receive super from your employer if you earn $450 or more in a calendar month and you are aged between 18 and 69.
There are a few other eligibility criteria. To check these, visit the Australian Taxation Office website at: http://www.ato.gov.au/.
If you are entitled to receive super, your employer must pay 9% of your earnings base and pay this amount to a complying super fund like GuildSuper or retirement savings account, at least every quarter. A complying fund is one that meets Government standards.
If your employer doesn't pay your super entitlements on time, the Australian Tax Office may impose financial penalties (including payment of outstanding contributions) on them. Super must be paid by to a super fund quarterly, by the 28th day after the end of the relevant quarter. (i.e. 28 October, 28 January, 28 April and 28 July).
