Simple Fund 360 can now prepare a Work Test Declaration letter for all members of the fund.
The letter is addressed from the member making the declaration to the Trustee(s) of the fund stating that the member is aged between 65 and 74 inclusive and has satisfied the work test requirement of being gainfully employed. Thus the fund can accept employer and personal superannuation contributions.
To generate a Work Test Declaration for a member:
- Navigate to the Reports screen:
From the Main Toolbar, go to Reports. Select Reports.
- Under Letters / Minutes, select Work Test Declaration:
- Click Options next to the letter and select Settings:
- Input the reporting date, and select the member the declaration will be prepared for.
- Click OK