Congratulations! Your Super is protected!
Earlier this year, the Treasurer introduced draft legislation that would give him the power to change the multiplier that determined the payout of superannuation in the defined benefits QSuper scheme.
As Together members, we fundamentally disagreed with the principle that a politician would have final decision over the super payout of members. Over 4200 members and activists petitioned the Treasurer to make sure he understood the concerns this legislation created.
On November 29th, because of the efforts of you and other Together members to protect our superannuation, the Treasurer listened and acted by amending the legislation on super. The final version of the bill takes the decision out of the hands of politicians, securing super entitlements from interference.