Using correct USI to prevent super contribution refunds
13 March 2023
3
min read
With the creation of Australian Retirement Trust through the merger of QSuper and Sunsuper, the Australian Business Number (ABN) and Unique Superannuation Identifier (USI) you, as an employer, have on file, may not be correct.
What is not changing
As an employer, if you currently make payments to QSuper account holders only, there is no change to the USI and ABN information you currently use.
As a reminder, these are the details:
QSuper account holders |
ABN: 60 905 115 063 |
Queensland Government and QSuper default employers |
USI: 60 905 115 063 002
|
All other employers |
USI: 60 905 115 063 001
|
What has changed
From 1 July 2022 the Sunsuper product name changed to Australian Retirement Trust Super Savings.
What you need to do
Be aware the product names can differ in payroll/clearing house systems.
To avoid contributions being refunded and delays to funds being processed into your employees’ ART super accounts, please make sure you are using the correct USI.
You can learn more about make super payments here.
If you have |
Fund Details from 1 July 2022 |
Australian Retirement Trust
Super
Savings members (Previously Sunsuper) |
ABN: 60 905 115 063
USI: 60 905 115 063 003 |