Important information about EOFY 15/16

Contributions

Here are the deadlines to ensure that your contributions are received and allocated in the 30 June 2016 financial year:

Payment method

Deadline

Notes

BPay
Members

Monday, 27 June 2016

  • Up to three business days are required to allow for the clearance and processing of funds from the bank into your super account

Cheque
Members and employers

Post no later than Thursday, 23 June 2016 (for metropolitan – earlier if non-metropolitan)

  • The cheque must be received by 2.30pm (AEST) Wednesday 29th June 2016.
  • Members must include a Lump sum contribution form with their cheque
  • Please post cheque and form to:
    NGS Super
    GPO Box 4303
    Melbourne VIC 3001

NGS Online
Employers

5.00pm (AEST) on Thursday, 23 June 2016

  • Up to three business days are required to allow for the clearance and processing of funds from the bank into the member’s super account.

NGS OnlinePlus
Employers

3.00pm (AEST) on Thursday, 16 June 2016  (where employers are remitting to other funds)  

Sunday, 26 June 2016 (where employers are remitting to NGS  members)

  • This timing allows for the overnight automatic transfer of funds and the allocation to members’ accounts before close of business Thursday, 30 June 2016.
  • Where employers are remitting to other super funds and require these amounts to be received by 30 June, these payments will need to have been made by 3.00pm (AEST) Thursday, 16 June 2016. This allows for the funds to be received at the clearing house and processed either as cheques or EFTs to the receiving funds.

EFT
Employers currently making EFT contributions  

Monday, 27 June 2016 

  • EFT payments are normally at least an overnight process.
  • Please ensure that the “Employer name” and “Employer number” are included on the EFT payment description and matching paperwork is sent.

30 June Annual Statements

Annual statements will be sent by 30 September 2016.

Online account access

Online account access will be restricted from 5pm on 22 July 2016 while the annual review is run on the administration system. Access will be available from 25 July 2016.

Pension members

2015/16 Payment Summaries will be issued to all pension members who are under age 60 or turned 60 during the financial year by 11 July 2016.

Any pension payment variations for the 10 July 2016 pension payment must be received by 4 July 2016 to enable sufficient time to update your account before the payment.  

Any pension payment variations for the 15 July 2016 pension payment must be received by 8 July 2016 to enable sufficient time to update your account before the payment.

Please call our Customer Service Team on 1300 133 177 or email ngsadminteam@ngssuper.com.au if you have any queries.

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