MERT was established in 1988 to safeguard the redundancy benefits of thousands of mechanical and electrical workers within the building and construction industry across Australia.
If you consider how important your pay is to you today, that's how important your MERT savings will be to you at times of employment transition.
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Who looks after your trust?
MERT is managed by a trustee company,
which is called MERT Pty Limited (ABN 98 521 053 102)
At present there are three employee Directors and one employer Director. The AMWU, ETU NSW and AWU have appointed one Director and in some cases an alternate Director each as the employee Directors.
Employee Directors:
| Bernie Riordan | Director - ETU NSW |
| Mick Doust | Alternate Director - ETU NSW |
| Tim Ayers | Director - AMWU |
| Paul Bastian | Alternate Director - AMWU |
Employer Director:
| David Madson | Director - NECA |
| Lindsay Le Compte | Alternate Director - NECA |
Fund
Secretary:
James Tinslay
The
Administrator
MERT has appointed Australian Administration Services Pty Limited (ABN
62 003 429 114) as the administrator of the Trust. AAS is a professional
administration company, which specialises in the administration of Industry
Superannuation and Redundancy Trusts. Click
here to contact us
Who
pays what?
The employer is to pay contributions on members behalf, as per the conditions
of the applicable, EBA or other agreement. There are no fees or deductions
on member accounts. Funds are accumulated and held on trust for members
until such time a claim is submitted by the member.
Hidden
cost
There are NO hidden costs involved in MERT. No payments, loans or commissions,
etc, are made to any person or organisation other than genuine administration
or other costs incurred in running the Trust.