How much do I get?

If you are eligible for superannuation guarantee (SG) contributions, your employer must pay a minimum percentage (%) of your Ordinary Time Earnings (OTE) into a superannuation fund on at least a quarterly basis.

OTE is what you earn for your ordinary hours of work, and includes any over-award payments, bonuses, commissions, shift-loadings and allowances you may be entitled to. OTE does not include overtime payments, parental leave, workers compensation payments where you are not performing duties or termination payments for unused sick leave, annual leave or long-service leave.

The minimum SG obligation required by employers is set by federal law. If you are covered by an award or agreement that stipulates a higher superannuation contribution, your employer must pay the higher amount.

A maximum contribution base or limit applies which is set by the Federal Government. If you earn above the maximum base for the quarter, your employer does not have to pay contributions on your OTE above the limit. The limit on OTE does not apply to other super contributions you may be entitled to receive, such as contributions under an award or workplace agreement. The maximum contribution base is adjusted each year in line with increases in average wages. Check the Australian Tax Office website for the current quarterly limit.

Can I get more super?

Your employment arrangement may include a contribution rate above that set by federal law or you can choose to add to your super by making additional before- or after-tax contributions. You may even be eligible for an additional contribution from the Federal Government.

Find out about contribution types and how to contribute in our Making Contributions section.