Employer contributions

The Superannuation Guarantee (SG) is the minimum amount of superannuation contributions that an employer is legally required to pay into a complying fund, such as Media Super, on behalf of an employee.

Generally, if you are aged 18 or over and earning more than $450 from an employer in a calendar month, you should be receiving SG contributions. Awards and industrial agreements may stipulate a higher employer contribution rate, or your employer may voluntarily choose to pay you additional superannuation.

The amount of employer contributions may vary depending on your agreement but the amount must never fall below the legal SG minimum.

The minimum obligation required by employers is set by the Federal Government and is currently set to increase from 9% prior to July 2013 to 12% through incremental increases at the start of each applicable financial year. The current legislated schedule for phased increases in the SG rate is set out below.

Effective from 1 July

Superannuation Guarantee

(% of OTE)

Pre 2013 9
2013 9.25
2014 9.5
2015 9.5
2016 9.5
2017 9.5
2018 9.5
2019 9.5
2020 (current financial year) 9.5
2021 10
2022 10.5
2023 11
2024 11.5
2025 12

Your employer is required to pay these at least quarterly - every three months - but may choose to pay as often as your more frequent pay cycle. They must report your superannuation contributions on your pay slip.

If you think that your employer has not been paying your super, the ATO has processes to help. Visit the ATO website at www.ato.gov.au for more information.