Allowing low-income earners to opt out of compulsory superannuation would be a "despicable attack" on people's future retirement, Labor says. The Turnbull government is reportedly being urged to consider the "opt out" idea in pre-budget submissions by industry groups. The move could give thousands of part-time and casual workers earning less than $37,000 a 9.5 per cent pay rise - the amount paid by employers into superannuation - or up to $63 a week, News Corp reports.
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