Summary

Amends the:

to: allow for minimum standards under the National Employment Standards to relate to superannuation contributions; and require employers to provide information to employees in relation to employer superannuation contributions for each pay period; to: clarify that amounts contributed to a superannuation fund by an employee or Retirement Savings Account under a salary sacrifice arrangement are not employer contributions; remove the current exemption for employers not to make superannuation contributions to employees who are paid less than $450 in a calendar month; remove certain restrictions on choice of superannuation fund; and provide for a review of employers’ compliance with superannuation payment obligations by the Commissioner of Taxation; to create a duty for trustees of superannuation entities to take reasonable steps to notify their members when it could reasonably have expected them to have received a contribution from an employer, but did not; and to require additional information to be provided to the commissioner in annual member information statements.