Can I choose my own superannuation fund?
Academic staff are not able to choose their own superannuation fund.
General staff are able to elect a choice of fund by using the Australian Tax Office Standard Choice Form. Please note that only the 9.5% superannuation guarantee will be paid to your choice of fund. The remaining balance will be paid to UniSuper.
Can I roll over my superannuation from one fund to another?
Can I salary sacrifice to superannuation if I am a casual employee?
Yes. You will need to elect a percentage of your pay to salary sacrifice as your pay may vary each fortnight. You can do this by completing a Salary Deduction Authorisation form and return the completed from to AskHR, (Bray Centre) N54_1.22.
How do I get my UniSuper membership number?
Please contact UniSuper on 1800 331 685.
How do I nominate my beneficiaries with QSuper?
QSuper do not record beneficiaries and have their own process for determining beneficiaries upon the death of a member. For further information refer to the QSuper website.
How do I reduce my UniSuper standard member contributions?
Complete the UniSuper Contribution Flexibility Form.
How do I switch my standard member contributions from before-tax to after-tax or vice versa?
Only UniSuper and QSuper members have these options. For those funds, complete a Salary Deduction Authorisation form and return the completed form to Office of HRM, (Bray Centre) N54_1.22.
How do I transfer from UniSuper's Defined Benefit plan to Accumulation 2 plan?
Contact UniSuper on 1800 331 684 within 24 months of enrolling in this plan to obtain a membership options form for completion.
How is it decided what superannuation plan I'm enrolled in?
Your superannuation plan is determined based on your individual employment contract.
How much superannuation can I contribute before I go over the contribution caps?
The concessional cap is $25,000. Concessional contributions are any employer contributions and any employee pre-tax contributions. Defined benefit members of either UniSuper or QSuper have special rules that apply in calculating how your defined benefit contributions count towards the cap. For more information please refer to the UniSuper website or QSuper website.
How often is superannuation paid to the funds?
Contributions are sent fortnightly to the superannuation funds within seven (7) days after the pay period end.
I have a UniSuper defined Benefit/Accumulation 2 Plan. Does Griffith still pay 17% if I reduce my standard member contributions?
Yes. Griffith will pay 17% employer contributions regardless of your level of contributions.
I have been on extended sick leave. Am I eligible for temporary incapacity benefit?
UniSuper's Defined Benefit and Accumulation 2 members and QSuper's Defined Benefit members have inbuilt temporary incapacity insurance or income protection insurance.
Generally there is a waiting period before the monthly benefit is paid, and you must have used all of your sick leave entitlements.
The benefit paid (for a maximum of two years) for:
I'm already a member of UniSuper Accumulation 1 plan. I have been given a Defined Benefit/Accumulation 2 application form. Do I need to fill this out?
The Defined Benefit/Accumulation 2 plan has a default member contribution of 7% after tax. This amount will be deducted from the employee's pay unless they complete the application form and elect otherwise.
I'm going on Long Service Leave. Will my superannuation continue to be paid?
Superannuation contributions continue as normal on paid leave.
I'm going on Parental Leave. Will my superannuation continue to be paid?
Superannuation contributions continue as normal on paid leave. If parental leave is taken on a part-time basis, superannuation will be paid pro-rata.
I'm retiring, how do I claim my UniSuper/QSuper benefit?
UniSuper: We will advise UniSuper of your ending date and UniSuper will contact you about your benefit. If you want to expedite the payment process you should contact UniSuper with your payment instructions and request that they be actioned as soon as final contributions have been received.
I'm with QSuper (Defined Benefit - existing Queensland). Can I continue this when I join Griffith?
No. UniSuper is Griffith University's default superannuation fund.
General staff members with QSuper accumulation accounts may be able to elect QSuper as their choice of fund. Refer to the QSuper website page; Changing Jobs.
What can I do if I think I might exceed the contribution cap?
You have the following options:
- Switch your before-tax standard member contributions to after-tax standard member contributions (complete a Salary Deduction Authorisation); or
- Reduce your standard member contributions by electing contribution flexibility (complete the UniSuper Contribution Flexibility form); or
- Reduce your additional voluntary before-tax contributions (complete a Salary Deduction Authorisation); or
- Do nothing, then pay penalty tax.
What do I do if I have exceeded the contribution cap?
There are a number of options as to what to do if you have exceeded the cap. For more information, refer to the Australian Tax Office website.
What do the superannuation elements on my payslip mean?
||Employee Standard/Mandatory contributions
||Employee Voluntary contributions
What insurance do UniSuper plans have?
What is a concessional cap?
The concessional cap is a $25,000 limit placed on employer and employee before-tax contributions made to your superannuation fund per financial year. For more information, refer to the Australian Tax Office website.
What is a non-concessional cap?
The non-concessional cap is a $100,000 limit placed on after-tax contributions made to your superannuation fund per financial year. For more information, refer to the Australian Tax Office website.
What is the Reportable Employer Super Contribution (RESC) amount on my payment summary?
Reportable Employer Superannuation Contributions (RESC) are any before-tax or salary sacrifice member contributions that are made to your superannuation fund. RESC does not include employer or after-tax superannuation contributions. RESC amounts are used by the government in income tests for some tax offsets, deductions, concessions, Medicare levy surcharge, and certain government benefits and obligations. For more information please refer to the Australian Tax Office website.
Where do I find what my UniSuper balance is?
The easiest way is to register for UniSuper Member Online. Once you are registered you can access your UniSuper account with up to date balances.