Directed termination payment statement

Directed termination payment statement

The directed termination payment statement is no longer valid. Directed termination payments could only be made from 1 July 2007 until 30 June 2012.

From 1 July 2012, you can no longer direct any part of your employment termination payment to superannuation as a directed termination payment. Any contribution you make to your super account from your employment termination payment may be considered a personal contribution and may be counted towards your non-concessional cap for the year in which the contribution is made.

Last Modified: Tuesday, 8 January 2013


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