Employers and changes to unclaimed super for former temporary residents
From 18 December 2008, changes apply to unclaimed super for former temporary residents. These changes do not affect your employer obligations.
What are the changes?
The main changes are:
if it has been more than six months since your former temporary resident employee departed Australia, and their visa has expired or been cancelled, we will notify their super fund, retirement savings account (RSA) or approved deposit fund (ADF) that it will need to pay the former temporary resident's unclaimed super to us
there are new withholding tax rates applied to payments of their unclaimed super where the application for payment is made on or after 1 April 2009.
After leaving Australia, former temporary residents can still claim their super at any time from either of the following:
their super fund, RSA or ADF (if they have yet to pay the money)
us (after the super fund, RSA or ADF has paid the money).
There are no changes to your obligations. Where applicable, you still need to continue to pay super guarantee for eligible temporary residents in the future, either to your:
temporary resident’s chosen super fund, RSA or ADF, or