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Superannuation

Under the Southern Cross University Enterprise Agreement, and in line with a Deed of Covenant signed by the University and UniSuper, new staff employed by the University are required to join UniSuper. Existing staff moving to a new appointment within the University, will retain their current superannuation membership with UniSuper.

Employees with a contract of employment with Southern Cross Campus Services, will be paid according to the Superannuation Guarantee Act and will have the option to choose their own superannuation fund. Employees who do not nominate a choice of fund will be administered as a member of UniSuper.

Superannuation types

For staff employed under the Southern Cross University Enterprise Agreement, there are three types of superannuation available:

Type of SuperannuationWho is it for?What are the key features?
Accumulation 1

For casual employees and employees with fixed term appointments of less than 18 months.

9.5% SG employer contributions.

Choose from a range of investment options to suit your goals.

Insurance and Income Protection options available.

Make extra contributions.
Defined Benefit Division/ Accumulation 2

For continuing employees, and employees with fixed term appointments of 18 months or more and a fraction of 50% or more.

Position is funded from operating funds or grants which provide the full cost of employer superannuation contributions

17% employer contributions.

7% default member contributions with flexibility to choose your level of contributions.

Inbuilt Income Protection and other insurance benefits.

Make extra contributions.
State Superannuation Schemes (SSS and SASS) For employees who are already members of either scheme. Closed to new members.

For more information about UniSuper and the table above, make an appointment with your On-Campus Consultant. Alternatively click here to find out more about how UniSuper can assist.  

For staff employed under Southern Cross Campus Services, there are two types of superannuation available:

Type of SuperannuationWho is it for?What are the key features?
Choice of Fund Casual and fixed term employees 9.5% SG employer contributions.
UniSuper Accumulation 1 Casual and fixed term employees (default fund)

9.5% SG employer contributions.

Choose from a range of investment options to suit your goals.

Insurance and Income Protection options available.

Make extra contributions.

Accumulation 1 superannuation

Employees who are eligible for Accumulation 1 superannuation membership have contributions made by the University to UniSuper on the employee's behalf. The contributions are made at the Superannuation Guarantee rate as provided by the Commonwealth's Superannuation Guarantee (Administration) Act 1992. For more information relating to SG can be obtained from the Australian Taxation Office.

Accumulation 1 members are also able to join UniSuper online by visiting: UniSuper Signup online - SCU

Defined Benifit Division/Accumulation 2 superannuation

UniSuper’s On-Campus Consultant is available to provide free general information about superannuation, answer questions about a UniSuper product or service, or help you with your paperwork. Simply make an appointment at:

Unisuper campus bookings UniSuper is On-Campus at SCU

Eligible employees are required to become members of Defined Benefit Division/ Accumulation 2 membership of UniSuper, unless they are already a member of either the State Superannuation Scheme (SSS) or the State Authorities Superannuation Scheme (SASS) and elect to continue their membership on appointment.

Where the employee accepts the offer to join UniSuper as a Defined Benefit Division/ Accumulation 2 member, the University will make employer contributions of 17% to UniSuper. Contributions will commence at the beginning of the appointment that coincides with these eligibility requirements being satisfied.

Defined Benefit Division and Accumulation 2 members are required to make default member contributions equal to 7% (after tax) of their salary (or 8.25% before tax) each pay period. Members have the option of reducing their default member contributions and can access information at: Default member contribution fact sheet and form.

Employees appointed for an aggregate period of 18 months or more continuous fixed-term service, will be offered to join the Defined Benefit Division/ Accumulation 2 membership provided their position is funded from operating funds provided to the University or from DET grants that provide to the University the full cost of the employer superannuation contribution.

Employees are encouraged to seek independent financial advice when considering their options. Further information on UniSuper's contribution flexibility program is available from UniSuper's website.

NSW State Superannuation Schemes (SSS and SASS)

Eligible employees who are already members of these schemes at the time of their appointment to the University may choose to continue their existing membership.

These state superannuation schemes are closed to new members.

Superannuation contacts

Each superannuation scheme provides an advisory service to assist members, and the contacts are: