You work hard for every dollar in your super. Here's how to keep it safe from scams and fraud.
An MVR must be sent when an employer is making SG contributions to a super fund for the first time for a particular employee. This includes new employees, existing employees who have changed super funds and corrections after a contribution refund or rejection.
While not mandatory, changes to employee data such as name or TFN updates may also benefit from the submission of an MVR. This will help ensure member details are correctly matched and contributions can be processed without issue.