Your legal obligations
In order to make contributions to your employees’ accounts, you must meet the Federal Government’s data and payment standards, known as SuperStream.
What is the data and payment standard?
The standard requires employers to:
- send all contribution data electronically in a standard message format
- make contribution payments electronically, link data and money with a unique payment reference number
- ensure data and payments are sent on the same day
- respond to fund requests for complete information within 10 business days.
Intrust Super’s clearing house service, SCH Online, is SuperStream compliant and completely free of charge.
If you have any questions about meeting the data and payment standards, call us on 132 467. We’re at your service.