1. Australia / New Zealand Payroll Implementation Guide
  2. Enrolling Employees in Superannuation Funds

Enrolling Employees in Superannuation Funds

Access the Employee Fund Allocation Revisions form.

Note: If you created fund groups, the system displays all of the funds that are set up to display for the selected employee. You can enter enrollment information for each row, or you can enter additional funds in which you want to enroll the employee. Remember, an employee can be actively enrolled in only one type 1 fund at a time. To enter enrollment information for a row, whether it was prepopulated or manually added to the grid, you must double-click the row so that a check mark appears next to the row. When you have entered all enrollment information, click Submit, and then click OK.
Fund Type

Specify whether the enrollment record represents the employer benefit or an employee deduction. An employee can be actively enrolled in only one employer benefit record (type 1) at any time. Values are stored in UDC (07/FD), and include:

  • 1: Employer Benefit

  • 2: Employee Deduction

Membership Number

Enter the employee's membership number with the third-party fund administrator.

Name Override

Enter the employee's name as it is known by the third-party fund administrator. The system automatically populates this field with the employee's name as it exists in the employee's Address Book record. You must complete this field only if the employee notifies you that their fund membership is associated with a different name, such as a maiden name.

Allocation Percentage

Enter the percentage of the superannuation contribution that you want to apply towards this fund. For example, if an employee has specified that they want to contribute a total of 100 AUD each pay period to superannuation funds, enter the percentage of that 100 AUD that is applied to each fund. For example, if the employee wants to contribute 50 AUD to two different funds, enter 50 in this field for each fund in which the employee is enrolling.

For employer benefit funds (type 1), the system automatically populates this field with 100, as employees can enroll in only one of these funds at a time.

Start Date

Enter the date on which the fund enrollment begins. If you enter a future date in this field, the system displays a message telling you to verify that no gaps or overlaps in enrollment dates exist. If you leave this field blank, the system enters today's date.

End Date

Enter the date on which enrollment in this fund ends. Depending on the processing option setup, you might receive a warning or an error if you change or end an enrollment record before the minimum number of days has passed. If you enter a date in this field, the system also displays a message telling you to verify that no gaps or overlaps in enrollment dates exist.