Updated: Aug 20, 2021

Payments to retired employees. Superaimuation contributions are deductions from the pay of employees still working, to help to finance payments to those retired.

Reference: Oxford Press Dictonary of Economics, 5th edt.

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James Knight
Editor of Education
James is the Editor of Education for Invezz, where he covers topics from across the financial world, from the stock market, to cryptocurrency, to macroeconomic markets.... read more.