Superannuation

Superannuation Compliance and Remediation

On Wednesday 5 April 2017, the University of Wollongong announced its commitment to fully remediate errors made in superannuation contributions paid on behalf of some current and former employees since 1 July 2009 and to take action to prevent a recurrence.

This page provides the latest information about the project’s progress and the University’s actions to ensure current and former employees receive the superannuation contributions to which they are entitled.
 

Latest News

13 October 2017 – Contributions sent to the Australian Taxation Office (ATO)

Further to the information below the ATO is progressively processing payments made by UOW in July 2017. UOW apologises for the extended timeframe to complete the ATO processing. We recommend you allow a further two months for processing before contacting the ATO to access your remediation payment. Please check back on this website in mid-December 2017 for a status update.

 

8 August 2017 – Contributions sent to the Australian Taxation Office (ATO)

Former employees received letters informing them that their contribution arrears and interest had been paid to the ATO. Further information in relation to the payments is provided below:
UOW submitted superannuation guarantee contribution (SGC) statements to the ATO on 14 July 2017, remitting shortfalls identified as part of the Superannuation Compliance and Remediation project. This included shortfall amounts and interest calculated to 15/7/17. The ATO has confirmed receipt of the SGC statements.

The ATO have advised that they individually process each person’s details from the statements we have provided to them. We understand this can take some time especially when the ATO has large volumes to process. The ATO will confirm to UOW when processing is completed and we will update this website to advise former employees. We are advised that until the ATO processes your details from the statements, calls to the ATO will not be able to provide you with any information.

While we can’t speak for the ATO, we understand that monies submitted to the ATO by UOW will be processed to your most current superannuation fund details held by the ATO. Where the ATO does not hold current superannuation fund details, the ATO will contact you in due course to obtain current information. If you are unsure if the ATO would hold your current fund details it is recommended that you contact the ATO directly.

We recommend you allow about two months for processing so please check back on this website in mid-October 2017.
 

 

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Need help?

If you have other questions, please call the Human Resources Reception Desk between the hours of 9am and 4.30pm Monday to Friday on 02 4221 5902.