Your Superannuation, Your Choice Reforms And The Associated Legislation

Written by Claude Haiku 4.5 from the extracted text on 28 Feb 2026. It can miss or misread redacted and scanned pages. Check the source before relying on it.

This email (16 March 2020) from UniSuper Management to Treasury proposes amendments to the Your Superannuation, Your Choice Bill to address concerns about defined benefit schemes. UniSuper sought to extend the enterprise bargaining agreement (EBA) exemption beyond 1 July 2020 for newly eligible defined benefit members, implementing a "deferred choice" model where employees could later elect to cease defined benefit membership. The proposal aimed to balance automatic enrolment in defined benefit schemes with the Government's general choice framework while mitigating adverse selection risks. The email indicates Treasury had met with UniSuper to discuss these concerns and indicates openness to exploring alternative legislative approaches for open defined benefit schemes.