#EveryoneNeedsaPlan: Super Paid on Parental Leave

Posted by Dean McKinnon on 26 August 2024

The federal 2024 budget confirmed superannuation will be paid on government-funded Paid Parental Leave (PPL) payments:

The contribution will be 12% of the payment
The contribution will be paid on payments after 1 July 2025
From 1 July 2026, the maximum PPL will be 130 days (26 weeks)
Recipients must satisfy eligibility criteria
If you need help with understanding the PPL, please don't hesitate to get in touch with us and arrange your free initial consultation

Author:Dean McKinnon

Tags:Superannuation Financial Planning Social Security

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#EveryoneNeedsaPlan: Super Paid on Parental Leave

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