Bo­nanza in un­claimed su­per

Hills Gazette (Kalamunda) - - RESIDENTIAL -

MORE than $105 mil­lion of un­claimed su­per­an­nu­a­tion is avail­able for col­lec­tion in the eastern sub­urbs.

Pearce MHR Chris­tian Porter urged peo­ple to check if they have any lost or un­claimed su­per­an­nu­a­tion with the Aus­tralian Tax­a­tion Of­fice.

He said 25,744 un­claimed ac­counts in Pearce was a great re­minder for peo­ple to check.

“There are many ways peo­ple can lose con­tact with their su­per­an­nu­a­tion, in­clud­ing chang­ing jobs, which may force them into a new su­per­an­nu­a­tion fund, mov­ing homes, or not up­dat­ing their de­tails with their su­per­an­nu­a­tion fund,” he said.

“I en­cour­age ev­ery­one to log on to the ATO web­site to check if they have any un­claimed su­per­an­nu­a­tion.”

The Fed­eral Govern­ment in­tro­duced re­forms to the su­per­an­nu­a­tion sys­tem to ex­tend fund choices to work­ers un­der en­ter­prise bar­gain­ing agree­ments.

“These changes will en­sure more than one mil­lion work­ers have the right to choose their own su­per­an­nu­a­tion fund if they are cur­rently pre­vented from do­ing so be­cause of en­ter­prise bar­gain­ing agree­ments or work­place de­ter­mi­na­tions,” he said.

“This will help to re­duce the num­ber of mul­ti­ple ac­counts which in­evitably lead to un­claimed and lost su­per­an­nu­a­tion.”

For more in­for­ma­tion, visit www.ato.gov.au/ check­y­our­su­per.

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