Share via

When an employee leaves you will need to make the final payment of any superannuation contributions to us and advise the date the employee terminated. It is important for the employee that you do this as close as possible to the date of exit. One of the reasons is that a lot of super members have salary continuance insurance cover that changes on termination of employment with you. There is a 60 day window after their exit date to agree to the terms of this cover with the insurer if they take up a new job. Once this 60 day window has expired they may not be able to get new cover or reinstate their old cover due to their own, or family, health reasons.