Super on Retired Employee
Kathyd
Member Posts: 131 Reckoner 
Hi
Thi is not really a Reckon question but I would appreacite some mentoring in this space.
We paid super to the Super Clearing house after an employee has retired and the funds have now been returned. I have deposited back to the Liability. How do I handle these returned funds ? Do I pay the Super direct to the employee ?
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Comments
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Hi Kathy
No - they still have to be paid into an eligible fund. It's likely the employee has maybe closed this account & that's why the funds were returned to you.
Either contact the employee to obtain alternate eligible Super fund details or pay it into your default fund, setting this employee up with a new member account if required (silly I know, but that's the rules 🙄)
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