Super Choice
Choice of Fund
legislation allows eligible employees to choose the
super fund that their
super is paid into. As an employer, you are responsible for identifying if your employees are eligible, providing them with a
Standard Choice form [PDF112KB] within 28 days of their start date, paying contributions into their chosen fund
within two months and selecting a default fund for employees who don't make a choice.
1. Use the new format attached to this email. For the calculations to work correctly, you must fill all area highlighted in yellow.
2. All student and teacher details must be filled.
a. Public Liability Insurance (PLI) will not cover if the head office does not have a record of the student for the periods they have attended our clubs
b. It is a breach of franchise agreement not reporting quarterly the student information.
3. By week 5 all quarterly report must be submitted.
4. All invoices must be paid within 14 days.
a. There is a $100 late fee and 8% interest charge on any overdue payment
b. If you are experiencing any difficulties in paying on time send an email to Sathiy or me.
5. You have an option to send an update quarterly report end of the term if there are additional enrollments
a. Head Office might send an additional invoice. I.e. if new enrollment is 1 or 2 head office might not send an additional invoice.
b. For PLI and franchise agreement perspective, the head office must have all student records by end of term (including any students came for trial, trainee teachers, voluntary parents helpers, etc.).
c. You don’t have to send an end term quarterly report update (you still need to send a quarterly report by week 5) if the enrollment is done with lcfclubs.com.au website. I.e. we already have the student records and there is only 1 or 2 new student enrollments.
