Most workers in Australia are entitled to Superannuation Guarantee (SG) contributions from their employer, however some employers offer additional benefits.

How much super should I be receiving?

If you are eligible for super contributions, your employer must contribute the equivalent of 9.5% of your ‘ordinary time’ earnings to your super account. This is known as the Superannuation Guarantee (SG). Ordinary time earnings are what you make from work. That includes over-award payments, shift loadings, commissions and some paid leave.

You’re eligible to receive super contributions if:

  • You earn more than $450 in a month
  • Are aged 18 or older (or work more than 30 hours in a week if under 18).

Are contractors entitled to superannuation?

Just because you’re a contractor doesn’t mean that you are not entitled to super from your employer. If you’re paid by the hour for your labour, you’re considered an employee for super purposes and your employer must pay super on your behalf.  

The ATO provides a useful tool to determine if you’re an employee or contractor and eligible for super contributions from your employer.

 ATO SUPER CONTRIBUTION TOOL

Making sure your super makes it to your account

Ideally, there would never be a problem with superannuation payments however there can be problems – from fraud, negligence or a simple oversight.

It’s important that you regularly review your super contributions both to ensure that your employer is giving you the proper amount and also that the funds are making it to your account. Your super contribution amount will be noted on each payslip.

If there are discrepancies, there are several options available to you.

  • Speak with your employer and ask how your super is being calculated and how often they are paying it. Some employers pay fortnightly while others pay monthly or quarterly
  • Log into your superannuation account through your fund to find out if your SG has been paid
  • You can also call the ATO on 13 10 20