In general, your employer must pay a percentage of your salary into your super account. This is what’s known as the Superannuation Guarantee (SG).
If you choose to join Hostplus, an account will be opened for you, and you’ll become a Hostplus Executive member. Your future employer SG contributions will be paid into this account.
Note: If you choose to join Hostplus Executive, you may remain as a member of your employer’s current default fund unless you rollover your super. If your current super account remains open, you may also be subjected to account erosion on the basis that administration, investment and insurance fees and costs may continue to be deducted.