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Superannuation in contract except...can someone tell me what this means? I only work a few hours a week
Answered 4 years ago
Quote: “In the event that your salary exceeds the minimum set down under the Superannuation Guarantee Legislation, the College will make contributions based on 9.5% of your gross salary will be made to your complying Superannuation fund for which you must complete the enclosed Standard Choice Form.”
Thank you, I can’t find the answer
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ANSWER
4 years ago
Ring your super
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REPLY
4 years ago
Ahh I think I figured it out... ATO says after oincomd around $450 calendar month that is when payer is obligated to pay super of 9.5.