अधिवर्षिता-निधि इसके अंग्रेजी अर्थ का उदाहरण

Taylor was an executive member (Director) of the Local Government Association of Queensland (LGAQ) representing the Darling Downs, and was also director of the Board of LG Super, a statewide superannuation fund for all local government employees.

Combet works primarily with industry superannuation funds and in December 2018 became chair of Industry Super Australia and Chair of IFM Investors, a global asset management business owned by the industry superannuation funds.

In Australia, the vast majority of TPD insurance policies are provide by superannuation funds.

Of Australia’s 15 million superannuation fund members, 40% have multiple accounts, which collectively costs them '2.

An individual can withdraw funds out of a superannuation fund when the person meets one of the conditions of release, such as retirement, terminal medical condition, or permanent incapacity, contained in Schedule 1 of the Superannuation Industry (Supervision) Regulations 1994.

compulsory employer contributions to superannuation funds,.

further contributions to superannuation funds and other investments, and.

Under Australian federal law, employers are required to pay superannuation contributions to approved superannuation funds.

Contributions must be paid at least once every quarter, and can only be paid into approved superannuation funds registered with the Australian Securities and Investments Commission.

Employer and personal superannuation contributions are income of the superannuation fund and are invested over the period of the employees' working life and the sum of compulsory and voluntary contributions, plus earnings, less taxes and fees are paid to the person when they retire.

Preserved benefits are benefits that must be retained in a superannuation fund until the employee's 'preservation age'.

For example, where a worker has previously satisfied a condition of release and decided not to access the money in their superannuation fund.

This rule also applies to New Zealand citizens who have transferred funds from their New Zealand Kiwisaver scheme into an Australian superannuation fund.

These contributions are taxed by the superannuation fund at a "contributions tax" rate of 15%, which is regarded as "concessional" rate.