Super to have an increase in super at EQL?
As a result of recent increases in the superannuation guarantee, The Services Union has been engaged in discussions with the Queensland Government about the Government Owned Corporations Wages Policy and superannuation for our members in Government Owned Corporations (‘GOCs’).
The Government has now decided to standardise its contribution to superannuation accumulation funds at 12.75% as the employer contribution. This change in policy can apply from 1 July 2022.
The Services Union has sought clarification from Treasury that this will be applied to all GOCs and Statutory Authorities, and we have been given the thumbs up by the Government!
We have approached EQL for confirmation as to when it will implement these changes. The last update we received was that EQL Ex Com were discussing it. Stay tuned for the next update from the Services Union.
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If you have any feedback, questions or concerns, please contact Services Connect on 07 3844 5300 or email Jack Donaghy, Senior Industrial Officer via [email protected]