Employer Merger Hub
Our merger with Spirit Super is on track to bring together two industry super funds. The merged fund will take effect on 1 November 2024 and will be called CareSuper. We’re moving forward confidently to deliver even greater products, services and experiences for our employers and members.
Changes for all employers
1. Limited Services Period from 22 October 2024
To facilitate the merger, a Limited Service Period (LSP) will be in place from 22 October 2024 to 21 November 2024. This will allow time for all member account details, data and administration services to be transferred to the merged fund. During this time there will be some scheduled disruption to processing that we’re working hard to keep to a minimum. Learn more about the limited service period.
2. Important reminder on late SG payments
Please be aware that late super guarantee (SG) payments will result in the super guarantee charge (SGC). If you do miss the Q1 SG deadline (due 28 October), complete a SGC statement and lodge it as soon as possible with the ATO. Watch the ATO’s informative video to learn more about the SGC.
3. Update our USI and ABN from 1 November 2024
From 1 November, please update our Unique Superannuation Identifier (USI) and Australian Business Number (ABN) in your clearing house and/or payroll system. The existing CareSuper USI and ABN will cease to exist after 31 October 2024. Please do not make any USI changes prior to 1 November.
The new fund details from 1 November 2024 are:
Fund name | Fund USI | Fund ABN |
CareSuper | MTA0100AU | 74 559 365 913 |
The ATO legislative due date for Quarter 1 (1 July to 30 September 2024) is 28 October 2024.
There will be a Limited Service Period (LSP) prior to 1 November, which means employers may need to submit contributions for Quarter 1 (July to September) earlier if they want them to be received by the super guarantee contribution cut-off date.
Employers will receive further communication about these dates and what it means for them closer to the date.
Yes, the merged fund will still provide a QuickSuper clearing house for CareSuper employers.
More information about what this means for employers is available at QuickSuper Frequently Asked Questions.
As we transition member and account data to our new systems, there will be a Limited Service Period (LSP). To facilitate timely processing, we recommend that you make your Q1 Super Guarantee (SG) payment based on the following:
- For CareSuper QuickSuper users, it is recommended that ALL employee SG payments be made by 9 October 2024
- For all other clearing houses, it is recommended that CareSuper members, SG payments be made by 9 October 2024.
This schedule was intended to give clearing houses and banks adequate time to process the payment, with the objective of receiving all CareSuper SG payments before the LSP starts on 22 October. However, if you are uncertain about your processing times, please contact your clearing house. From 1 November you can resume making payments as normal to the USI and ABN for the merged fund.
Important reminder: Please be aware that late SG payments will result in the super guarantee charge (SGC). If you do miss the Q1 SG deadline (due 28 October), complete a SGC statement and lodge it as soon as possible with the ATO. Watch the ATO’s informative video to learn more about the SGC.
The CAR0100AU USI will close at 11.59pm on 22 October 2024.
Contributions received after this date (from 23 October) will be rejected and returned to the employer.
You will need to make the payment again from 1 November 2024 via their clearing house using the new USI MTA0100AU and ABN 74 559 365 913. You will also need to complete a SGC statement and lodge it as soon as possible with the ATO.
What USI and ABN should I use for contributions to CareSuper members from 1 November 2024?
Fund name: CareSuper
USI: MTA0100AU
ABN: 74 559 365 913
Fund name: CareSuper
USI: MTA0100AU
ABN: 74 559 365 913
From 1 November 2024, employers will need to update the USI and ABN to reflect the new CareSuper merged fund details.
Fund name: CareSuper
USI: MTA0100AU
ABN: 74 559 365 913
Employers will be allocated a new employer number, however you can continue using your existing number as this will be linked to your new account and this new number will not be automatically communicated.
This field can be left blank in their data file if their payroll system/clearing house allows it.
If an employer requires a member account number to generate the contribution file from their payroll system, they could use the member’s old account number or the member’s payroll number.
The member account number it is not an essential data-matching field for the purpose of processing contributions to a member’s account. Data matching is done primarily through name, DOB and TFN.
A copy of the SEN and FAQs can be viewed in the member merger hub caresuper.com/merger-info.
If you are a CareSuper default fund employer, then simply complete the Book a seminar form to request a call back and a workplace visit.
If you would like more information about partnering with CareSuper as a default fund, then request a call back via the Partner with CareSuper form.
Our merger with Spirit Super is on track to bring together two industry super funds. The merger will create a combined fund with more than 500,000 members and over $50 billion in funds under management, offering additional scale which will allow the fund to continue developing the best possible offer for our members and employers.
Both are highly regarded, award-winning and high-performing super funds who share a vision to leverage the strengths of each. After a significant amount of consideration and due diligence, we’re confident that it will serve our members’ best financial interests.
The merged fund will take effect on 1 November 2024 and will be called CareSuper.
We’re moving forward confidently to deliver even greater products, services and experiences for our employers and members.
Spirit Super (formerly the Motor Trades Association of Australia Superannuation Fund) was established in 1989, and merged with Tasplan in 2021. As a fund for hard-working Australians, with a focus on growing membership in regional Australia, Spirit Super has over 345,000 members and $27 billion in funds under management. You can find more information at spiritsuper.com.au.
The combined fund will be chaired by Linda Scott, the current Chair of CareSuper and the CEO will be Jason Murray, current CEO of Spirit Super. Bringing together a leader from each of the funds reflects the close collaboration to date and the shared vision of the funds’ leadership.
Links to previous merger announcements
CareSuper and Spirit Super on track to deliver their exciting merger (30 July 2024)
CareSuper announces merger with Spirit Super (1 June 2023)
CareSuper and Spirit Super to explore merger (9 November 2022)
Employers can contact their Employer Relationship Manager (if applicable), call 1300 360 149 or email [email protected].