Changing jobs and your super



Changing jobs and your super
Starting a new job? Stay with TWUSUPER
TWUSUPER is the Industry Super Fund for the people who keep Australia moving and we are run only to benefit members. Such benefits include insurance which covers dangerous occupations with no job exclusions - unlike some other funds.


It’s easy to stay with TWUSUPER when you change jobs. Nearly half of our members have been with us on average for over 20 years. Even if you change industries you can still enjoy the long-term benefits of the Industry Super Fund for the people who keep Australia moving.
All you need to do is use the Choice of Fund form and give it to your payroll department. You can apply online or download and print the PDF form.
Letter of compliance
If your payroll department requires a Letter of compliance, you can download it here.
Why you're better off with TWUSUPER
TWUSUPER is the Industry Super Fund for people in transport where:
- we are run only to benefit members
- long-term investment returns are solid*
- we offer flexible insurance for people in transport
- our Account Managers have strong relationships with employers in the transport industry and work with them to promote workplace wellness and to help the workforce prepare for retirement.
Super and redundancy
If you're made redundant, you may be entitled to a redundancy payment from your employer. You can find out more about your redundancy entitlements from the Fair Work Ombudsman.
If you are entitled to a payout it could be for a large sum, so you may want to consult a financial planner. If you have queries about the tax treatment of a redundancy payment, see the ATO website.
Below is some information about your insurance and government resources to help you through redundancy. In some cases it may be possible to access your super early if you're in financial hardship after a significant time out of work. Please call us on 1800 222 071 to talk through your options.
Another good resource that could help you at this time is MoneySmart, a service run by the Australian Securities and Investments Commission (ASIC). Their website includes tools and resources to help you through financially difficult times - including when you're not working.
Need a hand?
If you have any questions, please call us between 8am and 8pm (AEST/AEDT) weekdays on 1800 222 071.
*DISCLAIMER: Past performance is not a reliable indicator of future performance and should never be the sole factor considered when selecting a fund.
TWUSUPER has on average outperformed the average retail fund over the past 20 years. Comparisons modelled by SuperRatings, commissioned by TWUSUPER and shows average differences in net benefit of TWUSUPER's balanced investment option and the 'main Balanced option' of retail funds tracked by SuperRatings, with a 5 (50 options), 10 (31 options) and 15 (16 options) year performance history, taking into account historical earnings and fees – excluding contribution, entry, exit, fee caps/tiering and additional advisor fees – of 'main Balanced options'. A ‘main Balanced option’ being the fund’s largest Balanced option where 60% to 76% of the fund’s assets are invested in growth investments. This is generally the fund’s default option. Where a fund does not have a Balanced option, the option closest to SuperRatings benchmark range of 60% to 76% growth investments is used. Outcomes vary between individual funds. Modelling performed on 6 October 2023 using data as at 30 June 2023. See Assumptions for more details about modelling calculations and assumptions. Consider your personal financial situation, needs and objectives, which are not taken into account in this information, and the TWUSUPER Product Disclosure Statement (PDS) available at www.twusuper.com.au before making an investment decision. TWU Nominees Pty Ltd, ABN 67 002 835 412, Australian Financial Services Licence 239163 ('TWUSUPER') as trustee of the TWU Superannuation Fund (ABN 77 343 563 307).