The National Entitlement Security Trust (NEST) is a national industry trust established to safeguard the entitlements of employees. It is a not for profit trust open to any industry.
Any type of non-superannuation entitlement covered by an employment agreement or award can be paid into NEST, the most common of which are annual leave, long service leave, sick leave, severance, redundancy and productivity payments.
Whilst other employee entitlement trusts exist, they are generally restricted to specific industries and specific entitlement categories such as long service leave or redundancy. NEST is the first trust that accepts contributions for all types of non-superannuation entitlements across all Australian industries.
The table to the left of this text illustrates the broad scope and flexibility of NEST:
Entitlements
protected by NEST
Long Service Leave
Yes
Redundancy
Yes
Annual Leave
Yes
Annual Leave Loading
Yes
Sick Leave
Yes
Maternity Leave
Yes
Paternity Leave
Yes
Training Leave
Yes
Education Leave
Yes
Bonus Payments
Yes
Productivity Payments
Yes
Special Leave
Yes
Superannuation
No
If you are new to NEST you're sure
to have a question or two...
To help you out we've compiled a
list of answers on our Frequently
Asked Questions page here.
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