From 1 November 2021, employers need to comply with the new stapling regulations and ensure that all new employees have the correct super fund:
- a super fund of their choice*
- their stapled super fund, or
- their award fund.
*Eligible employees only (does not apply to employees where the super fund is prescribed by State or Industrial Award).
Super fund of choice
Whenever a new employee starts, they can still nominate a super fund of their choice. They just need to inform HR and/or Payroll and provide a completed superannuation Standard Choice
form. You can find the Active Super Standard Choice
Stapled super fund
If a new employee doesn’t actively choose a super fund, as their employer, you’ll need to contact the Australian Tax Office (ATO)
to ask for their stapled fund details, and to pay contributions into that fund.
Note: There are specific rules for certain industrial instruments (such as State industrial instruments), and the choice and stapling rules may not apply to your employees. You should seek legal advice about the super guarantee rules that apply to your workplace if you’re unsure.