"a time bomb waiting to go off."
I think that's over stating it a bit. UniSuper members already get 14% salary contribution from their employer and the ABI is 98%. (ie a 2% shortfall only) Its an ABC media beatup.
ABI = actuarial value of plan assets divided by total accrued retirement benefits.
see here
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- unisuper at risk for thousands
unisuper at risk for thousands, page-6
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