Escalator Program
Step up to an easy retirement
When your budget is tight, it’s hard to find a spare dollar to save for the future, and retirement is a staircase you don’t want to climb right now.
When your budget is tight, it’s hard to find a spare dollar to save for the future, and retirement is a staircase you don’t want to climb right now.
Research shows that 56% or Australian workers don’t think the 9% Superannuation Guarantee (SG) will be enough for them to retire on. Most of those surveyed think they should contribute 12% to 15% pa.
Well, why not just take the Escalator?
The Escalator Program gives you a smooth ride to an easy retirement. Automatic and gradual increases in your contributions will help take your superannuation up to another level.
The Escalator Program gives you a smooth ride to an easy retirement. Automatic and gradual increases in your contributions will help take your superannuation up to another level.
How do I get on the Escalator?
You have three easy decisions to make:
- Choose how much you would like to increase your contributions by. It can be 1%, 2% or 3% each year, up to a maximum of 6% (in addition to the 9% SG contributions).
- Decide if contributions will be from pre-tax or post-tax income.
- Set a date you would like to start… will either need to be on joining the Fund or after your next pay review.
Then just fill in the application form included in the document below and hand it to your Human Resources or Payroll contact.
