Superanuations

Superanuations
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  • i just recieved my pay for this month, i'm losing 9.5% each month, I wonder where it is all going, I wonder is some one is stealing my money? Maybe i'll go Susie if she knows where its going. 
  • Hello Susie, i'm losing 9.5% of my pay each month and I was wondering if you knew where it was going?
  • I lose 9.5% each month as well, I don't lose it, it just goes into a fund for the future called superanuation. 
  • So what is Superanuation?
  • Superannuation is a regualr payment made into a fund by an employee towards a future pension. 
  • So what is the fund for and what will the money be used for?
  • The money put into the fund with be used for the future to help support you in the future.
  • You can only access this fund when you retire, it will help you and support you for when you no longer have a job and need money. So its important that you put money into this fund.
  • So how can I access this fund.?
  • Thanks for all this information, now I understand where this money is going and why it is important for my future.
  • No problem glad I could hep you.
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