Choice of Fund

If you leave your employer and go to work for another employer, your new employer can contribute to BUSS(Q) on your behalf.

Choice of superannuation fund is a law that gives many employees the right to choose which superannuation fund will receive their employer superannuation contributions.

It started on 1 July 2005.

Generally, from 1 July 2005, employees can choose the fund to receive their future superannuation contributions unless:

• your superannuation contributions are made under a certified agreement or an Australian workplace agreement. ie EBA
• your superannuation contributions are made under a state award and the employer is a partnership or sole trader
• you are in a defined benefit fund

There will also be public servants and individuals working for government agencies who may not need to be offered choice of superannuation fund.

When you join your employer they must provide you with a standard choice form within 28 days.

If the employer fund shown on the form is the fund you wish your superannuation contributions to go to, then you do not need to do anything.  Your employer will made contributions to that fund.

If you wish to choose a different superannuation fund, you should provide your employer with the following information:

• the fund's full name and contact details
• the fund's Australian business number (if it has one)
• your membership details
• a statement, provided by or on behalf of the trustee of is able to accept contributions from the employer
• the method of payment the employer can use to make the superannuation contributions to the fund

You can provide this to your employer using the Employer Compliance Letter and Standard Choice Form with BUSS(Q) details.   If you need help call FREECALL 1800 657 216.

If you do not provide all the information required, your employer can continue to make contributions to the employer fund.