80% FAVOUR GOVERNMENT PAYING SUPER ON PARENTAL LEAVE

01 Aug 2022 12:27 PM | Jean Murray (Administrator)

An overwhelming majority of people support the push to have superannuation paid on parental leave. A recent survey conducted by professional accounting body CPA Australia indicated they thought superannuation should be paid on government paid parental leave.  The BPW Australia 2018 National Conference resolved to advocate for super on PPL and strongly advocated for this inclusion in election platforms this year,

CPA Australia spokesperson Dr Jane Rennie said paying superannuation on parental leave would help close the gender super gap that leaves so many women worse off in retirement. A recent report from AustralianSuper confirmed women in Australia tend to retire with about 42% less super than men, concluding that the retirement system doesn’t recognise the unpaid caring work women do throughout their lives.

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