SUPCOT Superannuation contributions advice

TBG8 Insurance

The Superannuation Contributions Advice is sent by a party to an organisation administering a superannuation scheme, to detail contribution payments made for members of the superannuation scheme.

Header

Position
Segment
Name
Max use
  1. A service segment starting and uniquely identifying a message. The message type code for the Superannuation contributions advice message is SUPCOT. Note: Superannuation contributions advice messages conforming to this document must contain the following data in segment UNH, composite S009: Data element 0065 SUPCOT 0052 D 0054 11B 0051 UN

    1. Data element S009/0057 is retained for upward compatibility. The use of
    S016 and/or S017 is encouraged in preference.
    2. The combination of the values carried in data elements 0062 and S009 shall
    be used to identify uniquely the message within its group (if used) or if
    not used, within its interchange, for the purpose of acknowledgement.
  2. A segment for unique identification of the Superannuation Contributions Advice Message, the type of Superannuation Contributions Advice and its function.

  3. A segment for referencing information related to the whole message. The scheme/ plan number is mandatory. In addition, the employer number and other references, such as references to payments, may be provided.

  4. A segment specifying the payment means (e.g. cheque or direct bank transfer) and, if required, the payment channel for the Superannuation Contributions Advice. The payment conditions may also be specified.

  5. A segment giving the currency and the associated exchange rate of the total amount paid in relation to this advice.

  6. A segment identifying the financial institution (e.g. bank) and account number of the issuing party, and, where required, the receiving party.

  7. A segment which may include the message date, the payment date, the cheque date, the date and time associated with any validation keys, and other dates relevant to the whole of the message.

  8. A segment to indicate payment terms applicable to the whole message, such as the number of periods covered by the contributions advice.

  9. A segment for free text information in coded or clear form, to give further clarification when required to the Superannuation Contributions Advice message. It should be noted that the use of clear text may require special processing of this segment.

  10. Segment group 1
    Repeat 6
    1. A segment identifying the name and address of the parties associated with the Superannuation Contributions Advice and their functions. Examples are: the employer, the recipient system and the name and address of the payer's financial institution if required.

    2. Segment group 2
      Repeat 5
      1. A segment giving additional contact information of a person or department specified in the NAD segment and to whom communication should be directed.

      2. A segment specifying communication contact number.

Detail

Position
Segment
Name
Max use
  1. A service segment placed at the start of the summary section to avoid segment collision.

  2. Segment group 3
    Repeat 999999
    1. A segment providing the member's identification number, and, if required, the member's name, title, and work address details.

    2. A segment providing the member's sex type.

    3. A segment for identifying the member's payroll number or an associated reference.

    4. A segment providing the member's birth date.

    5. A segment providing required employment details of the member, such as the member's employment category.

    6. A segment providing the member's work location identification.

    7. A segment for free text information in coded or clear form, to give information on additional attributes if required. Coded text should be used where possible, as the use of clear text may require special processing of the FTX segment information.

    8. Segment group 4
      Repeat 9
      1. A segment giving the number of payment periods associated with the contribution, and, if required, the payment frequency (as part of the type of period). The payment terms type qualifier needs to be used to indicate whether regular or other (e.g. advanced payments) contributions are involved.

      2. A segment providing the member's salary.

      3. A segment identifying the currency and associated exchange rate of the member's salary and contributions.

      4. A segment specifying the contribution start and end dates, and the date of any contribution termination.

      5. A segment for free text information in coded or clear form, to give information on additional attributes if required. Coded text should be used where possible, as the use of clear text may require special processing of the FTX segment information.

      6. Segment group 5
        Repeat 99
        1. A segment to qualify the nature of a contribution (e.g. a normal, special or a final/ceasing contribution), and the type of a contribution (often mandatory) such as member or company paid. Conditionally, the segment may provide an investment instruction, and give the reason for a change in contributions as indicated by the contributions qualifier and the monetary amount (e.g. a final/ceasing contribution has been made).

        2. A segment giving the contribution amount paid for or by the member.

        3. A segment specifying the contribution start and end dates, and the date of any contribution termination as needed.

        4. A segment for free text information in coded or clear form, to give information on additional attributes if required. Coded text should be used where possible, as the use of clear text may require special processing of the FTX segment information.

Summary

Position
Segment
Name
Max use
  1. A service segment placed at the start of the summary section to avoid segment collision.

  2. A segment giving the total amount being paid into the superannuation scheme as specified by this advice.

  3. A segment to provide message control totals as required. For example, the total number of individual contribution amounts could be provided. It should be noted that a balancing monetary total is provided by the total amount paid.

  4. A segment to specify the results of the application of an authentication procedure, enabling to check the authenticity of the sender and the integrity of the data.

  5. A service segment ending a message, giving the total number of segments in the message (including the UNH & UNT) and the control reference number of the message.

    1. 0062, the value shall be identical to the value in 0062 in the
    corresponding UNH segment.

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