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.
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!
