Correction to superannuation guarantee information in Super Scoop

Wednesday, 8 April 2015

QSuper has a robust process to ensure all the information provided to members is factually correct. Unfortunately, incorrect information about changes to the superannuation guarantee was published in the March 2015 edition of Super Scoop.

The section What’s the scoop? states the super guarantee rate will remain at 9.5% for the next four years and increase to 10% on 1 July 2018, with annual increases of 0.5% until 1 July 2022, when it will reach 12%.

This information is incorrect. The super guarantee rate will remain at 9.5% until 30 June 2021, when it will increase to 10%. It will then increase by 0.5% each year until it reaches 12%.

QSuper remains committed to supporting our members with information, including changes to legislation, which can help them improve their retirement outcome. If you have questions about your superannuation, including changes to legislation, please call 1300 360 750 or send us an email.