This is sponsored content from CBus Superannuation.
Between October and December 2016 Cbus collected over $18.9 million in unpaid super. Are you being paid the super you’re entitled to?
Your employer is generally required to contribute at least 9.5% of your salary or wages into your super account. Some workers will be entitled to more if agreed under their EBA or contract.
Cbus usually requires employers to pay your super contributions monthly. This ensures your account starts earning interest as early as possible.
It’s important to check your employer has your correct super details and ask them to confirm which fund they’re paying your super into, how much they’re paying and how often.
You have the right to choose your super fund, and to change your super fund if you wish to.
How can you check if your super is being paid on time?
If you’re a Cbus member you can:
- download the Cbus app and view your account balance and recent transactions
- log in to your account online to check you’re receiving contributions
- speak to your Cbus Coordinator or Union Delegate/Organiser
- call Cbus on 1300 361 784 from 8am to 8pm (AEST/AEDT), Monday to Friday
What if your employer hasn't been paying your super?
Each month, Cbus checks if employers are paying their employee super obligations.
When a payment is missed, we act quickly to contact the employers to arrange for the payment to be made.
If an employer still has outstanding contributions, we refer them to Industry Funds Credit Control (IFCC), the debt collection company used by Cbus.
Over the last 12 years IFCC has recovered over $412 million in unpaid super for Cbus members.
Don't forget - you should also contact your union if you believe that your super is not being paid correctly, or on time.