Bill
Fair Work Amendment (Recovering Unpaid Superannuation) Bill 2017
lapsed, as at 2018-05-22. (s) SHARKIE, Rebekha, MP portfolio.
- Sponsor
- Rebekha Sharkie
- Portfolio
- (s) SHARKIE, Rebekha, MP
Recorded stages
- introduced — 2017-09-11
- second reading — 2017-09-11
- other — 2018-05-22
Divisions
No divisions recorded. Most questions are decided on the voices; this does not establish that a bill was unopposed.
Plain-language summary
Written by a model from the explanatory memorandum; not the record, as at 2017-09-11.
The bill would give employees a direct legal way to recover unpaid superannuation from their employers.
It would include superannuation contributions in the National Employment Standards, letting the Fair Work Ombudsman act on unpaid contributions and requiring employers to notify employees each pay period about contributions.
The bill would remove the $450 monthly threshold exemption for superannuation contributions and require the Commissioner for Taxation to review employer compliance after 12 months.
- Include superannuation contributions within the National Employment Standards.
- Require employers to provide notice of contributions each pay period.
- Remove the loophole allowing salary-sacrifice contributions to be claimed as employer contributions.
- Remove the exemption for employers not to make contributions to employees paid less than $450 in a calendar month.
- Remove restrictions on choice of superannuation fund from 1 July 2018.
- Require the Commissioner for Taxation to review employer compliance with superannuation payment obligations.
Employees, employers, the Fair Work Ombudsman, the Australian Taxation Office, superannuation trustees, and superannuation providers.
Sources
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