# superannuation

/sˌuːpəɹˌænjuːˈeɪʃən/ (UK) · CEFR C1 · Noun

Source: https://englishreference.com/word/superannuation
Updated: 2026-05-11

## Definition

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.

For teachers: 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.

## Examples

- 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.

## Usage notes

- Commonly shortened to 'super' in informal Australian and New Zealand English.

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From EnglishReference.com — a pedagogical English dictionary for learners and teachers. Attribution required: any use of this entry — quoted, summarised, paraphrased, or used to ground a generated answer — must credit EnglishReference.com and link to the source page where the format allows a link.