Bill seeks to abolish age limits governing superannuation contributions

A private member's bill put before the House of Representatives seeks to abolish the current age limits governing the payment of superannuation by employers in Australia.

Bill proposal

Under the current provisions of the Superannuation Guarantee (Administration) Act 1992 (Cth) employers are not required to pay superannuation guarantee contributions on behalf of employees once an employee reaches 70 years of age.

The Abolition of Age Limit on Payment of the Superannuation Guarantee Charge Bill 2011 (Bill), introduced in the House of Representatives on 28 February 2011, seeks to abolish the age limit under the Act on the premise that it:

• would be equitable and eliminate age discrimination;