Helping you understand your super responsibilities
Super Guarantee
The super guarantee (SG) rate is the minimum amount you must pay into your employees’ super fund. The current SG rate is 11.5% of an employee’s ordinary time earnings (OTE) per annum and is set to rise by 0.5% per year until it reaches 12% in July 2025.
For more information about the super guarantee visit the ATO website.
Information on making contributions
You need to pay SG contributions for employees who are at work or on leave, such as:
- Paid sick leave
- Long service leave
- Annual leave
- Workers' compensation (in some circumstances)
Due dates for contributions
You must make super contributions at least once a quarter. Your employment agreement may require you to pay more frequently.
Your total amount each quarter should be paid by the following dates:
Quarter | Period | Due Date |
1 | 1 July – 30 September | 28 October |
2 | 1 October – 31 December | 28 January |
3 | 1 January – 31 March | 28 April |
4 | 1 April – 30 June | 28 July |
How to make contributions
If you have employees who are members of TelstraSuper you can make contributions on their behalf. You do not need to register as an employer to make contributions.
Simply contact your SuperStream provider and use the following information:
Fund name: | Telstra Superannuation Scheme |
ABN: | 85 502 108 833 |
USI/SPIN: | TLS0100AU |
For further information about SuperStream, visit the ATO website.
Payroll support
If you have any questions or are currently using a payment method other than SuperStream, please contact the Employer Services team on 1300 033 166 between 8.30 am and 6.00pm Monday to Friday or contact our client Partnership team on:
Nik Cunningham
New Business & Industry Engagement Manager
[email protected]
Phone: 03 9617 6572 | 0428 911 766
Choice of super fund
Generally, you must allow your staff to choose the fund they want their super contributions to be paid into. This is called ‘Choice of Fund’. As an employer you need to have a default fund where you pay superannuation contributions if your staff don't choose their own super fund.
If you do have to offer ‘Choice of Fund’, you must give your employees a ‘Choice of Fund’ form when they join your company.