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From today (1 July), your employer is required to pay your superannuation contributions on the same day as your pay, making it easier for you to identify if your super hasn’t been paid.

The FSU regularly assists members whose employers have failed to pay their correct super contributions. And with contributions only paid every three months at many workplaces, it can be difficult to keep track of your super and ensure you’re being paid correctly.

Pay Day Super, which the FSU and other unions called for and which was legislated by the Albanese Government last year, will go some way to addressing this problem, and potentially leave workers thousands of dollars better off in retirement.

Employers have known this change was coming since last year, so we expect all employers to comply.Our union has written to employers asking what steps they have taken to ensure a smooth implementation.

If you have any concerns or believe your employer is not meeting their new requirements, please contact the FSU at [email protected].

According to Super Members Council, new analysis has found one in four workers each year were underpaid a total of $24.4 billion over a five-year period from 2018-2023.

For a worker, that can equate to tens of thousands of dollars less in super when you retire.

The implementation of Pay Day Super will align super with wages, which will give workers more power and oversight, reduce super theft, and deliver higher compound interest returns.