World of work

What is superannuation?

• Money that is invested by workers from an employer.

• Money for travelling

• Money put away for retirement

• Money that is saved

What is the purpose of a superannuation fund?

• To fund personal expenses

• To fund business ventures

• To provide income in retirement

• To pay for education

Who usually contributes to superannuation?

• Government

• Employer

• Children

• Friends

When can you access your superannuation?

• When you buy a house

• When you turn 60 and meet a condition of release

• When you get married

• Whenever you want

Why does Maya choose to work at the local library during her summer break?