The Authority is an independent statutory body established under the Long Service Benefits Portability Act 2018 (the Act) to create a portable long service benefits scheme for the community services, contract cleaning and security sectors (covered sectors). The Authority became operational on 1 July 2019 and works with the Governing Board to administer the scheme. Under the Act, the Governing Board has specific responsibility for governance, strategic planning and risk management for the Authority, including setting the levy to be paid by relevant employers and contract workers. This levy funds the scheme. The Governing Board is also responsible for advising the Minister for Industrial Relations in relation to long service benefits affecting employees working within the three covered industries, including reciprocal arrangements with other similar schemes. Implementation of the portable long service benefits scheme is supported by Industrial Relations Victoria within the Department of Treasury and Finance.
