The Superannuation Guarantee Levy - revolution in Australian benefits

Article Abstract:

Australian employees will soon enjoy complete employer-funded pension plans. Starting Jul 1992, the Australian government will impose the Superannuation Guarantee Levy (SGL) on employers who do not allocate 5% of company profits to the provision. Despite its potential benefits, the SGL is not expected to be a welcome development to employers. Concerns are raised over the SGL being non-tax deductible and the bureaucracy involved in the process.

Pension, health, and welfare funds, Australia, Social policy, Pension funds

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Expatriate benefit provision

Article Abstract:

The trend towards a global economy will bring an increase in the number of expatriate employees. As such, there is a need to adopt a comprehensive, flexible and cost-effective strategy to ensure the continuation of benefits for such employees. This can be accomplished by formulating a procedure for the coordination of expatriate benefits and ensuring that all records for all employees are complete.

Services, Employment abroad, Overseas employment

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