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  • 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    The directed termination payment statement is no longer valid.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: 08 Jan 2013QC 19560