%T Default superannuation funds in modern awards %I Productivity Commission %D 2012 %K Taxation, %K Employment, %K Economics, %K Superannuation %U https://apo.org.au/node/31468 %X This productivity commission report looks into the new changes to superannuation funds in award wages. Australia’s three-pillar retirement income policy comprises a means-tested and government-funded age pension, supported by both voluntary saving and compulsory superannuation contributions. Superannuation effectively became compulsory in 1992 with the introduction of the superannuation guarantee. %9 Report