PPRuNe Forums - View Single Post - Is my QANTAS superannuation secure?
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Old 11th Jun 2011, 13:03
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Gas Bags
 
Join Date: Jan 2010
Location: Australia
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The super fund is protected and you dont need to worry about your money, just as it was for Ansett.

I and everyone else received all their super when Ansett collapsed. It was the company owed moneys that we didnt get. holiday pay, LSL, redundancy etc.

I dont think QF is anywhere near the stage you guys should be worrying yet, but it is a pertinant question as you should never believe that it can't happen.

I hope you guys never have to go through what we did with the collapse. It is not much fun when the market is flooded with qualified people. Jobs become very thin on the ground. The hourly rate for a contractor in Singapore droppped 50% to around 39SGD per hour the day Ansett collapsed and there were more takers than jobs.

GB
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