Voluntary contributions
Voluntary contributions are extra amounts you add to your super. If you are paying standard member contributions, voluntary contributions are any amount above these. You can make these contributions regularly from your pay or as a one-off lump sum.
If you are aged between 65 and 74, you can only make extra contributions to your account as long as you have been gainfully employed for at least 40 hours over 30 consecutive days during the current financial year. Once you reach age 75 you are unable to contribute to your super at all.
You can make voluntary contributions by:
- payroll deduction. Ask your employer to pay an amount from your salary to LGsuper each pay period.
- BPAY from your bank account. You will need to contact LGsuper to receive the BPAY biller code and reference number.
- cheque. Send it to us with a completed Voluntary contribution deposit form.
Any amounts you pay into super, along with investment earnings, are preserved until you retire after reaching your preservation age. Read more…
