Which employees can choose their own fund?
Under choice of fund laws many employees are now able to choose their own super fund, with the exception of:
- Employees covered by a Federal Industrial Agreement, including Australian Workplace Agreements (AWAs) and Collective Agreements
- Employees covered under a State Award or Industrial Agreement
- Some public servants and individuals working for Government agencies
- Employees that are members of certain defined benefit super funds
For more information on the eligibility of your employees to choose their own super fund go to:www.ato.gov.au or contact your Cbus Coordinator.