Mandatory employee subscription preserves superannuation benefits while respecting exemptions under employee insurance schemes and funds. Employees must subscribe to insurance schemes or funds instituted for employees and their families and comply with their governing rules. Mandatory ... Summary
Mandatory employee subscription preserves superannuation benefits while respecting exemptions under employee insurance schemes and funds.
Employees must subscribe to insurance schemes or funds instituted for employees and their families and comply with their governing rules. Mandatory subscription does not reduce otherwise admissible superannuation benefits. An employee need not subscribe where an exemption applies under the rules governing the relevant insurance scheme or fund.
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