Treasury has released draft legislation that will require super funds to report the level of received contributions to members.
Treasury said that some employers still fail to pay their employees' superannuation entitlements, with low-income, casual or part-time workers being the worst affected.
The proposed Bill requires super funds and retirement savings account (RSA) providers to report to their members on either a quarterly or six-monthly basis.
Changes to the Superannuation Industry (Supervision) Act 1993 (SIS Act) will also enable the Australian Prudential Regulation Authority (APRA) to take action if funds or RSAs do not comply with the new requirements, Treasury said.
"The fund notification measure, which forms part of the Securing Super package, will provide greater protection for these vulnerable workers," Treasury said on Friday at the start of the consultation period.
"This measure will ensure that employees find discrepancies earlier, and that they bring them to the Australian Taxation Office's notice sooner."
Treasury hopes the measures will also stimulate members to be more engaged with their superannuation.
The new requirement will apply to contributions received from 1 July 2013, with the first statements due after the end of the first quarter or six month period.
Super fund must also provide a website where members can see their contributions.
Members can also request paper based statements instead of electronic notification.
The new requirements do not apply to self-managed superannuation funds, defined benefit interests or exempt public sector superannuation funds.
