Governance and operations
Governance and operations

How the Fund works

An overview

Coal LSL collects payroll levies from employers of eligible employees on behalf of the Australian Government. The long service leave levy is a mandatory employer tax which does not come out of employee wages.

Levies are held in a pooled investment fund which is managed by Coal LSL’s investments division to ensure financial provision for eligible employees’ long service leave entitlements across the industry.

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