Treasury Laws Amendment (Payday Superannuation) Regulations 2026 (F2026L00133)

Schedule 1 Superannuation guarantee reforms to address unpaid superannuation

Repeal the section, substitute:

9 Notional employer contribution rate - accumulation benefits

If, in relation to a class of employees who are:

(a) defined benefit members; and

(b) members of a defined benefit superannuation scheme;

both of the following are satisfied:

(c) the minimum requisite benefit in respect of each employee in that class is calculated as an accumulation of employer contributions;

(d) the employer contribution rate used in that calculation is the same for each employee in the class;

then the notional employer contribution rate in relation to the class is that employer contribution rate.