Continuation of Existing Membership
| Continuity for |
- the Accumulation Scheme(Div A) and Executive Schemes(Div E)-
- set-up payroll deduction
- obtain the membership number from the employee and include this; and
- include the member details on the contributions spreadsheet; and
- include the new employees Tax File Number.
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- the Retirement(Div B) and Defined Benefit(Div D) Schemes -
- determine if the cessation of employment from the previous employer is less than
3 months after the month in which they left their previous employer for Div B, or within
3 calendar months since the date of cessation of their previous employer to start of
employment with you for Div D.
- confirm if they completed a Scheme Exit - Resignation, Discharge or Dismissal form - Section 2,
Continuity of membership form and included the name of the new employer on the form, and forwarded the
form to EISS
- obtain the member number
- contact Employer Services and request the monthly contribution amount.
NB: you can commence deductions from the employees pay, however,
contributions are not to be remitted until such times as the Administrator has advised the
correct amounts to be paid, on the monthly bill. If the member does not appear on your next bill, contact
Employer Services and let them know.
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