If you have an inactive superannuation account and a low balance, your account will be closed and transferred to the ATO from the 1st April 2020. This is a requirement of the new ‘Protecting Your Super Package (PYS) legislation’.
How do I know if this affects me?
If you have an account balance that is less than $6,000 AND within the last 16 months:
- no contributions have been made to the account or
- the following actions have not been made:
*Please consider your current situation before proceeding with any action.
Does this impact you? Take one of these simple steps
Take one of the below actions before the 1st April 2020 to keep your account with Christian Super.
Other ways you can stay can include*: nominating or amending a Binding Beneficiary Nomination, switching investments, adjusting your insurance cover, or by asking your employer to pay your super into your Christian Super account.
*Please consider your investment performance, returns, fees, charges and cover of your current super fund/s before deciding to stay with Christian Super.
We’re here to help
Our Member Care Team is here to help you.
Phone: 1300 360 907, 9:00am – 6:00pm (AEDT) Monday to Friday