iKeep Blog

Superannuation rules updated in awards

Superannuation provisions in awards have undergone recent updates to align with the entitlements outlined in the National Employment Standards (NES). These

Superannuation rules updated in awards
All articles

Superannuation provisions in awards have undergone recent updates to align with the entitlements outlined in the National Employment Standards (NES). These updates, implemented by the Commission, ensure that modern awards accurately reflect the current regulations concerning superannuation. Notably, these adjustments incorporate the newly established entitlement to superannuation contributions under the NES, which came into effect on January 1, 2024. The Commission’s revisions took effect from April 9, 2024. For further details, refer to Fair Work’s website.

100+

100+ accountants trust iKeep

Want more than just good advice?

Reading is a start. Tell us about your business and we’ll put this thinking to work — on your actual books.