AustralianSuper

Many thousands of Australians are retrenched every year.
Some are glad of the opportunities ‘taking a package’ offers,
while for others retrenchment is a traumatic experience.

Even if being retrenched turns out to be a positive change that actually improves your quality of life, it’s usually stressful in the short-term. That’s partly because there are important financial decisions that you need to work through.

If retrenchment comes at a bad time for you, those decisions can be even more difficult.

Step-by-step assistance

AustralianSuper has prepared a retrenchment guide to help you manage your retrenchment.

This guide contains a step-by-step process to the financial decisions you need to make and the options available to you.

The guide also provides you with resources to help you on a more personal level.

Get a retrenchment guide now

Download What happens next?

A guide to retrenchment

What’s in the retrenchment guide

  • Learn about your entitlements; including annual leave, long service leave and redundancy payment.
  • A step-by-step process to deciding what to do with your payout and what it means for your super.
  • How to decide whether you can afford early retirement and make all the necessary arrangements.
  • Information on where you can find advice and support to help you through any difficulties that redundancy may cause.

Download the retrenchment guide

 

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