Funds Assistance

The PPTEU is working with your funds managers to ensure the financial hardship that may be caused during this period of uncertainty can be reduced by gaining access to your funds.

This page is designed as a guide to assist you with all the current information on eligibility, provide relevant links, news releases etc.

Also, use the menu drop down function to read the"General information" page or click here.

Financial support for PPTEU members.

We have produced a flyer to assist members to access their funds regarding stand downs or redundancy.

CBUS

The Government is allowing individuals affected by the Coronavirus to access up to $10,000 of their superannuation in 2019-20 and a further $10,000 in 2020-21.

Read the information flyer here.

Read the media release on early access to superannuation here.

Incolink

Incolink now has only one account, the Incolink Redundancy Account. Incolink has moved to one account to make it easier and fairer for workers. Visit the Incolink web site to read about the changes.

It is recommended members register with the "WorkerLink"portal for claims.

Registering for Online Access takes just 4 quick and easy steps. Make sure you’ve got your Incolink WorkerID handy and head to the Incolink  online portal WorkerLink to begin.

CoInvest

The PPTEU is currently working with the CoInvest board to allow special access to long service leave funds for members affected by COVID-19.

With all transactions and applications now being online-only, please ensure you have set up your access to our online services. If you have yet to set up your online access you can do so here

Centrelink

The coronavirus supplement is an additional payment to those on welfare.

You can't be accessing employer entitlements, such as annual leave or sick leave.

You also can't be receiving payments through income protection insurance.

Read the Govt fact sheet "Income support for individuals"

JOBKEEPER PAYMENT FOR EMPLOYEES

Under the JobKeeper Payment, businesses impacted by the Coronavirus will be able to access a wage subsidy from the Government to continue paying their employees. Affected employers will be able to claim a fortnightly payment of $1,500 per eligible employee from 30 March 2020, for a maximum of 6 months.

Read the Govt fact sheet "JobKeeper Payment"