Superannuation on Paid Parental Leave

  • 20/09/2024 10:24 AM
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Superannuation on Paid Parental Leave: What You Need to Know

Starting from 1 July 2025, the Australian Government will introduce superannuation guarantee payments on government-funded Paid Parental Leave (PPL). This change was announced as part of the Working for Women strategy, aiming to boost retirement savings for parents taking parental leave.

The new measure will be administered by the Australian Taxation Office (ATO) and is expected to provide long-term financial benefits for those receiving PPL. Stay tuned for more updates as the implementation date approaches!

For more details, visit the ATO's official page on the changes.

Photo by Valeria Zoncoll on Unsplash