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Employer contributions without TFN

 
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On 21 September 2011, the then Assistant Treasurer and Minister for Financial Services and Superannuation announced the 'Stronger Super' reforms designed to improve the superannuation system and better safeguard the retirement savings of all Australians.

Under proposed changes, from 1 July 2013, super funds will have to report and forward employer contributions received for employees without a TFN to us. They will be given a specified time to obtain the missing TFN before having to forward the contributions to us.

These proposed changes are not law as they have not been passed by Parliament or received royal assent.

Media release

For more information, refer to media release no. 131, A better deal for superfund members, issued on 21 September 2011 by the Assistant Treasurer and Minister for Financial Services and Superannuation.

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More information

For more information, refer to Stronger Super website.

Last Modified: Monday, 23 April 2012

 
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