What is super?
Superannuation (super) is how you save money in Australia for when you get older and retire from work. Your employer has to send 10% of your pay to a super fund for you, or if you run a business in Australia, you can pay money to a super fund for yourself.
How much super should I be paid?
The law is that if you're over 18 years old (or under 18 and working more than 30 hours a week), and earn more than $450 a month, your employer has to pay 10% of your ordinary time earnings (OTE) into your super fund. This is called the superannuation guarantee (SG) contribution.
Your employer needs to pay super at least 4 times a year, so check your super account transactions or myGov regularly. If you want to have even more money in your super account – and potentially pay less tax – you can also add extra money to your super on top of what your employer pays.
Get super smart
Find out what you need to know about your super, and check the frequently asked questions (FAQs) below.
FAQs about super
How do I save and increase my super?
There are so many ways you can grow your super. Find out more about adding money to your account, bonuses that might be available, and planning for retirement.
You can also check how much super you should have compared to other Australians your age.
As an Australian Retirement Trust member, you can access expert financial advice about your superannuation account.
What do I do if my employer is not paying me super?
If your super account hasn't received any money from your employer, you should ask your boss which super fund they are paying your super to. If you're a member with Australian Retirement Trust, you can forward your account details to your employer with our online form.
If you still don't receive any super or the payments are late, you can report it to the ATO.
Do I have to open an account with my employer's super fund?
How do I choose a super fund?
When choosing a superannuation fund, there is no one-size-fits-all. It's best to look at both fees and investment performance, and the benefits and tools on offer to see how much better off you will be.
Find out more about how to compare super funds.
How do I log in to check my super balance?
I work for Queensland Government, why are my contributions different?
Some employers, including the Queensland Government, may also make extra contributions to your super. You can check with your payroll office to see if this applies to you, or find out more on our QSuper website.
Great, what should I do next?
Check your super payments
Log in to check your employer is paying your super. You can also use our contributions calculator to see how adding to your super could help.
Provide your tax file number (TFN)
Giving your super fund your TFN can help you avoid paying extra tax and allows you to make other types of contributions.
Do you have enough?
Find out how much super you should have compared to others your age, and find out what you can do to improve your balance.