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Home>Australia>About Heinz Australia>Student Life>Living Concerns>Superannuation
Superannuation
Reclaiming superannuation contributions
Under Australian law employers must pay a percentage of an employee’s base wage into a superannuation fund. This applies to all types of employees including part-time and casual workers. The current rate is set at 9%.
People permanently leaving Australia can claim their superannuation contributions (Note: the amount being reclaimed will be subject to tax, usually 30%). People can only claim once they have left Australia and their visa has been cancelled or has expired.
The Australian Taxation Office Web site allows people to apply online. This site is linked to the Department of Immigration and Citizenship (DIAC) who will confirm that the visa has been cancelled / expired and then the application will be forwarded to the superannuation fund. The fund is then required to post a cheque to the applicant within 28 days.