Financial Considerations for Redundancy

Members considering accepting a redundancy package, or whose role has been made redundant, may benefit from attending our information session regarding their super options.
We understand that members may be faced with significant financial decisions and we aim to provide an overview of:

• how employer termination payments are taxed
• options to replace lost income
• eligibility to access super benefits as a lump sum or pension
• tax consequences of accessing super
• super options that need to be considered within 90 days of leaving an employer, and
• how UniSuper can assist with personal financial advice.