Co-contributions

Are you eligible for a government boost to your super? Find out now.

Super co-contributions

The super co-contributions scheme could help you get ahead with your super. So find out if you’re eligible for up to a $1,500 boost from the government.

How co-contributions can boost your savings

If you earn less than $60,342 a year, you may be eligible for a government contribution of up to $1.50 for every after-tax dollar you contribute to your super – up to a maximum of $1,500 a year.

For a more detailed estimate, use our Super co-contribution calculator.

Are you eligible?

To be eligible for co-contributions you need to:

• earn a total income of less than $60,342 per year, with at least 10% of your total income (that is, assessable income and reportable fringe benefits) coming from eligible employment
• make a personal after-tax contribution
• be less than 71 years of age at the end of the year of income
• be a permanent resident of Australia, and
• lodge a tax return.

Making a payment

It’s easy to make a voluntary payment by BPAY or cheque.

BPAY

There are no forms to fill out – just transfer your contribution directly into your UniSuper account. All you need are the following details:

*If your Membership Number starts with 137, 138 or 139 you may need to use a unique BPAY Customer Reference Number.

Cheque

• Download, print and complete the Lump Sum Contribution form
• Make out a cheque to UniSuper Limited – please write your UniSuper membership number on the reverse side.
• Mail your form and cheque to:
  UniSuper
  Level 37/385 Bourke Street
  Melbourne Vic 3000

UniSuper does not accept cash payments.

Claiming contributions

Claiming your super co-contribution couldn't be easier.

Just submit your income tax return to the Australian Taxation Office. If you've made after-tax contributions, and are eligible for the super co-contribution, the Australian Taxation Office will pay it directly into your UniSuper account after the end of the financial year.

It's that simple.

But remember – we must have your tax file number on record to accept your co-contribution, and you’re not entitled to a co-contribution for any contributions that you claim as a tax deduction.