The government is changing the way employers have to pay staff super. Employers now need to comply with new electronic data and payment standards called SuperStream.
Time is almost up to pay your staff’s super electronically if you have 20 or more employees. You’ll need to meet the new SuperStream standards by 30 June 2015, which means you need to act this month to make the transition.
If you have less than 20 employees you have until 30 June 2016, but if you’re ready, you can start the process early and realise the many benefits of QuickSuper, AustSafe Super’s Clearing House solution right now!
The Federal Government’s introduction of SuperStream aims to provide employers with consistent, reliable and secure methods for making contributions and sending information to super funds online.
AustSafe Super’s Head of Employer and Member Services, Wayne Oxenford said AustSafe Super is committed to helping employers meet the Government’s SuperStream data and payment standards.
“QuickSuper is designed to allow you to pay all of your staff’s super electronically to AustSafe Super and other funds with just one transaction. It is a secure and safe way to manage both your super administration and payments,” said Mr Oxenford.
“QuickSuper is available at no cost for employers who use AustSafe Super as their default fund, which is the preferred fund you elect for any of your new or existing employees who do not choose their own fund.
Employers who transition to QuickSuper report a significant reduction on the time spent processing super,” added Mr Oxenford.
Register for QuickSuper at austsafe.com.au/QuickSuper or simply call on 1300 131 293 and receive personal assistance with the registration process.
AustSafe Super is the industry super fund dedicated to rural and regional Australia. We have been committed to looking after the retirement savings of members for over 25 years.
AustSafe Super’s Head of Employer and Member Services, Wayne Oxenford
