[arkem]

Australia's superannuation is more like the US 401k but with a Government mandated minimum contribution level.

Individuals are free to pick their own fund providers or even create their own superannuation funds (with some caveats).

[hnzix]

Also the govt encourages additional voluntary contributions by allowing a certain amount to be salary sacrificed (paid directly without tax) into super.

This is purely for the pension; unemployment benefits are completely separate. You cannot access your super funds until you reach retirement age or become critically ill.

[eru]

Or leave the country, if you are not a 'strayan. But then you pay back taxes on it.