• Super guarantee

    As an employer, your not-for-profit organisation must provide for the retirement of eligible employees. The minimum you must pay is called the super guarantee (SG):

    • The SG rate is currently 9.5% of an employee's ordinary time earnings.
    • You pay into a complying super fund. Most employees are eligible to choose which fund you pay into.
    • You must pay SG at least four times per year, by the quarterly due dates.
    • Payments must be made using SuperStream, where contributions and associated information are sent electronically.
    • If you don't pay the SG on time, you may have to pay the super guarantee charge (SGC).

    Organisations that are income tax exempt are not exempt from the superannuation guarantee legislation.

    See also:

    Last modified: 11 Oct 2016QC 16971