{"id":"F2014L00651","name":"Superannuation (PSS) Maximum Benefits (2014-2015) Determination 2014","slug":"superannuation-pss-maximum-benefits-2014-2015-determination-2014","collection":"legislative_instrument","jurisdiction":"commonwealth","status":"in_force","isInForce":true,"actNumber":null,"makingDate":null,"administeringDepartment":null,"currentVersion":{"id":91781,"registerId":"commonwealth-F2014L00651-current","compilationNumber":null,"startDate":"2026-04-02","status":"InForce","reasons":null,"registeredAt":null},"sections":[{"sectionNumber":"1","sectionType":"section","heading":"Superannuation (PSS) Maximum Benefits (2014-2015) Determination 2014","content":"---\nmeta-content-style-type: text/css\nmeta-content-type: application/xhtml+xml; charset=utf-8\nmeta-generator: Aspose.Words for .NET 20.2\n---\n\n?xml version=\"1.0\" encoding=\"utf-8\" standalone=\"no\"?>\n\nSuperannuation (PSS)\n\nMaximum Benefits (2014-2015)\n\nDetermination 2014\n\n \n\n \n\n![](image.001.png) \n\nI, STEPHEN PAUL WHITTON, Director, Manual Calculations, Position No. 44, and Delegate of Commonwealth Superannuation Corporation, pursuant to rules 5.6.5 and 5.7.7 of the PSS Rules, in the Schedule to the Deed in force under section 4 of the Superannuation Act 1990, DETERMINE as follows:\n\n \n\nDated  30 May 2014\n\n \n\n \n\n![M:\\Signature block file.bmp](image.002.png)\n\n \n\nS WHITTON\n\nDelegate of Commonwealth Superannuation Corporation\n\n![](image.003.png) \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n1 Name of Determination\n\n \n\nThis Determination is the Superannuation (PSS) Maximum Benefits\n\n(2014-2015) Determination 2014.\n\n \n\n \n\n2 Commencement\n\n \n\n  This determination shall take effect from and including 1 July 2014.     \n\n \n\n \n\n3 Maximum Benefits – Lump Sums\n\n \n\nFor rule 5.6.5 of the PSS Rules, the table in rule 5.6.1 has effect, for the financial year starting on 1 July 2014, as if the amounts specified in the following table were substituted for the amounts specified in that table:\n\n \n\n- Table – Maximum Benefits\n- Average Salary Maximum Benefit\n- Less than $67,500.00 $675,000.00\n- $67,500.00 and over 10 times average salary\n\n\n \n\n \n\n4                    Maximum Benefits – AFP Lump Sums\n\n \n\nFor rule 5.7.7 of the PSS Rules, the table in rule 5.7.1 has effect, for the financial year starting on 1 July 2014, as if the amounts specified in the following table were substituted for the amounts specified in that table:\n\n \n\n- Table – AFP Preliminary Maximum Benefits – Lump Sums\n- Average Salary Preliminary Maximum Benefit\n- Less than $67,500.00 $675,000.00\n- $67,500.00 and over 10 times average salary\n\n\n5                     Maximum Benefits – AFP Pensions\n\n \n\nFor rule 5.7.7 of the PSS Rules, the table in rule 5.7.2 has effect, for the financial year starting on 1 July 2014, as if the amounts specified in the following table were substituted for the amounts specified in that table:\n\n \n\n- Table – AFP Preliminary Maximum Benefits – Pensions\n- Final Average Salary PreliminaryMaximum Benefit\n- Less than $67,500.00 $945,000.00\n- $67,500.00 and over 14 times average salary\n\n\n \n\n \n","sortOrder":0}],"analysis":{"flash_summary_failed":{"failed":true,"reason":"A positive credit balance is required for all requests, including BYOK, so fallback providers remain available. Add credits at https://vercel.com/d?to=%2F%5Bteam%5D%2F%7E%2Fai%3Fmodal%3Dtop-up to continue.","source":"analysis-cron"},"kimi_summary":{"content_quality":"ok","complexity_score":2,"scope_assessment":{"changed":false,"description":"This instrument performs exactly the function it was designed for: annually updating indexed dollar amounts for maximum benefit caps in the PSS scheme. It has not expanded beyond its original technical, administrative purpose."},"complexity_factors":["Very short document (5 sections, ~300 words)","Only 2 defined terms used ('PSS Rules', 'AFP' — both standard acronyms)","No nested conditional logic — simple threshold-based tables","No cross-references to external legislation beyond naming the parent Act and Rules","Straightforward mathematical formulas (10× and 14× multipliers with a single salary threshold)"],"plain_english_summary":"This instrument updates the maximum benefit caps for the Public Sector Superannuation (PSS) scheme for 2014–15, setting the dollar limits members can receive. It chiefly affects PSS members (mostly APS staff who joined before 2005) and AFP members covered by PSS.\n\nBy fixing the indexed threshold and multipliers that determine lump‑sum and pension caps, it limits government liability under the defined‑benefit scheme and directly affects how much retiring members can actually receive."},"flash_summary":{"complexity_score":3,"scope_assessment":{"changed":false,"description":"This instrument does not change who is covered by the PSS/AFP rules or the method of calculating benefits. It only substitutes updated numerical maximums for the specified tables for the 2014–15 financial year (see rules 5.6.5 and 5.7.7 references in the text)."},"complexity_factors":["Simple numeric substitutions into existing rule tables rather than reform of entitlement rules","Two salary-band thresholds (under $67,500; $67,500 and over) determining different treatments","Different caps for ordinary PSS lump sums, AFP lump sums and AFP pensions (three tables)","Caps expressed either as fixed amounts or as multiples of \"average salary\", requiring use of defined salary figure","Annual application limited to a single financial year (administrative recurrence)","Made by a delegated official under specified rule powers (procedural, not legislative, complexity)"],"plain_english_summary":"This Determination updates the numerical maximum-benefit caps used by the PSS Rules for the 2014–15 financial year. It substitutes numeric entries: for average salary under $67,500 lump‑sum caps are $675,000 (AFP pension cap $945,000); for salaries $67,500+ caps are expressed as multiples of average salary (10× for lump sums, 14× for AFP pensions). It takes effect 1 July 2014 and must be applied by the scheme administrator when calculating member benefits."}},"importantCases":[],"_links":{"self":"/api/acts/superannuation-pss-maximum-benefits-2014-2015-determination-2014","history":"/api/acts/superannuation-pss-maximum-benefits-2014-2015-determination-2014/history","analysis":"/api/acts/superannuation-pss-maximum-benefits-2014-2015-determination-2014/analysis","conflicts":"/api/acts/superannuation-pss-maximum-benefits-2014-2015-determination-2014/conflicts","importantCases":"/api/acts/superannuation-pss-maximum-benefits-2014-2015-determination-2014/important-cases","documents":"/api/acts/superannuation-pss-maximum-benefits-2014-2015-determination-2014/documents"}}