 In 1992, the Keating Labor government introduced a compulsory ‘Superannuation Guarantee’ system as part of a major reform package to help relieve the growing burden on the taxpayer-funded government pension scheme.The change came about through a tripartite agreement between the government, employers and the trade unions.The trade unions agreed to forgo a national 3% pay increase which would be put into the new superannuation system for all employees in Australia.