At Incolink, we are committed to helping workers through the tough times. As this dynamic industry can be challenging. Everything from irregular work patterns to health and safety issues can mean workers need a range of supports throughout their career.
Established in 1988, Incolink provides unemployment income security and a range of benefits and services for workers in the building and construction industry.
Workers can select how their redundancy funds are treated. Funds can be held in either;
- An Incolink Severance Account is the default account for Incolink worker members and provides access to funds for workers if their employment is terminated for any reason. Severance termination payments are taxed at the concessional tax rate; or
- An Incolink Genuine Redundancy Account (GRA) enables workers to claim a genuine redundancy payment if their employment is terminated because their position is made genuinely redundant, at a nil or reduced tax rate. Other situations where payments from an Incolink GRA may be claimed include permanent disability and death.
For more detailed information on Incolink please refer to the Incolink Services Handbook or talk to our friendly team:
Telephone: (03) 9639 3000