Changing Jobs?
If you're changing jobs, this doesn't mean you have to change your super fund. If you are moving to a new employer or starting your own business, you can continue to use WA Local Super as your preferred fund.
How can I stay with WA Local Super?
Staying with us is really very easy, just follow these three steps:
1) Tell your new employer you want your super contributions to go into your WA Local Super account.
2) Complete a Choice of Superannuation Fund form
3) Once completed, hand it to your new employer
Why Stay?
Sometimes people change jobs and don't give any thought to their super account. They start their new job and without realising it, end up with a new account with their new employers default super fund.
Over time, this is how many Australians end up with multiple super accounts, paying more fees than necessary.
Exercise your right and choose the super fund that best suits your needs today.
With WA Local Super you get:
Simplifying Insurance
Salary continuance insurance made easy
Temporary Residents
From 1 April 2009 members who are, or have been a temporary resident, are generally restricted in the manner in which they can access their superannuation.
The ATO will periodically issue temporary resident reports to superannuation funds who are required to transfer all amounts held in those member's accounts, to the ATO. If required, the Trustee will transfer any unclaimed superannuation of temporary resident's to the ATO.
Under relief granted by ASIC, exit statements are not required to be sent to the members advising that their account has been transferred to the ATO. WALGSP will be relying on this relief.
If a temporary resident subsequently contacts the fund, information about the payment to the ATO will be provided. Please note that any temporary resident has the right to contact the ATO and make an application to it requesting payment of any transferred unclaimed superannuation.