Keeping records
The government requires employers to keep records of:
- how your employee SG contributions are calculated
- transactions of SG contributions for each employee
- evidence you have offered eligible employees a choice of super fund and provided a Standard Choice Form to all eligible employees.
- employees not eligible to be offered choice
- the nominated default fund and MySuper product offered to employees.
Generally records must be kept for at least 5 years and written in English or can be easily accessed and converted into English.