Changes to Super 1 July 2013

25 Feb Changes to Super 1 July 2013

The compulsory super rate is increasing over the next 7 years from the current 9% to 12% by 2020. As of 1 July 2013 all employers will be required to contribute 9.25% to super for all eligible employees.

Employees aged 70 and over, from 1 July 2013, will be entitled to SG contributions whilst they are working and eligible..