superannuation
n. uncountablen. a regular payment made into a fund by an employee toward a future pension. It is a way of saving money for when you retire from work.
n. a regular contribution made towards a pension fund by an employee or employer. Often refers specifically to the Australian retirement savings system or similar compulsory schemes.
My employer pays nine percent into my superannuation.
The government recently changed the laws regarding how much tax you pay on your superannuation when you retire.
Financial advisors often recommend making voluntary contributions to your superannuation early in your career to take full advantage of compound interest over several decades.
From superannuate + -ion, from superannuated.
Etymology adapted from Wiktionary, available under CC BY-SA 4.0.
Commonly shortened to 'super' in informal Australian and New Zealand English.
Last updated May 11, 2026