Treasury Laws Amendment (Your Superannuation, Your Choice) Act 2020 (80 of 2020)

Schedule 1   Choice of fund for workplace determinations and enterprise agreements

Superannuation Guarantee (Administration) Act 1992

4   After subsection 20(3)

Insert:

Member's benefit not affected

(3A) This subsection is satisfied if the employee would be entitled, on the employee's retirement, resignation or retrenchment, to the same amount of benefit from the defined benefit superannuation scheme, whether or not the employee had contributions:

(a) for the quarter; and

(b) made by the employer for the benefit of the employee;

to a fund (within the meaning of Part 3A) other than the defined benefit superannuation scheme.