It all adds up
Over time, the super contributions you receive from part-time work can make a big contribution to your overall savings for retirement.
First, figure out if you’re eligible for super contributions. Your employer must pay 9.5% of the value of your 'ordinary time earnings' (this includes shift loadings but not overtime payments) into your super fund if:
- you're over 18 and earn more than $450 before tax in a calendar month
- you're under 18 and you work more than 30 hours a week (and still earn more than $450 in the calendar month)
Visit ASIC’s Moneysmart website for more details on how this works.