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I've been made redundant. I've been paying super for 15 years and I'd like to take it as a lump sum. Can I do that? Theo, Marrickville |
Industrial tribunals have jurisdiction to provide for lump sum payments in respect of superannuation not later than the date of termination of employment. New South Wales Commission has additional jurisdiction to order recompense in respect of lost superannuation benefits resulting from termination of employment. Federal, New South Wales, Queensland and South Australian tribunals may order employers to pay amounts of superannuation due under awards. In NSW there has also been cases of payouts when an employee has suffered a permanent disability at work.
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Ask Neale is a free advice service provided by the New South Wales Labor
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