{"id":"F2021L00723","name":"Superannuation (PSS) Maximum Benefits (2021-2022) Determination 2021","slug":"superannuation-pss-maximum-benefits-2021-2022-determination-2021","collection":"legislative_instrument","jurisdiction":"commonwealth","status":"in_force","isInForce":true,"actNumber":null,"makingDate":null,"administeringDepartment":null,"currentVersion":{"id":101894,"registerId":"commonwealth-F2021L00723-current","compilationNumber":null,"startDate":"2026-04-03","status":"InForce","reasons":null,"registeredAt":null},"sections":[{"sectionNumber":"1","sectionType":"section","heading":"Superannuation (PSS) Maximum Benefits (2021-2022) Determination 2021","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 (2021-2022)\n\nDetermination 2021\n\n \n\n \n\n![](image.001.png) \n\nI, ABBEY BROWNE, Senior Manager, Knowledge and Technical Advice, 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 8 June 2021\n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\nA BROWNE\n\nDelegate of Commonwealth Superannuation Corporation\n\n![](image.002.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\n \n\n1 Name of Determination\n\n \n\nThis Determination is the Superannuation (PSS) Maximum Benefits\n\n(2021-2022) Determination 2021.\n\n \n\n \n\n2 Commencement\n\n \n\n  This determination commences on 1 July 2021.     \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 2021, 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 $80,500.00 $805,000.00\n- $80,500.00 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 2021, 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 $80,500.00 $805,000.00\n- $80,500.00 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 2021, 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 $80,500.00 $1,127,000.00\n- $80,500.00 and over 14 times average salary\n\n\n \n\n \n","sortOrder":0}],"analysis":{"kimi_summary":{"content_quality":"ok","complexity_score":2,"scope_assessment":{"changed":false,"description":"This Determination performs exactly the function intended by the parent legislation (Superannuation Act 1990 and PSS Rules). It is an annual indexation/update instrument with no expansion beyond setting maximum benefit amounts for the specified financial year."},"complexity_factors":["Very short document (5 sections, ~300 words)","Only 2 defined terms effectively used ('PSS Rules' and 'average salary' — both inherited from parent legislation)","No nested conditional logic — simple threshold tests (less than $80,500 / $80,500 and over)","No cross-references beyond citations to specific rule numbers in the parent PSS Rules","Straightforward substitution mechanism — replaces table values without altering structure","Single purpose instrument with no exceptions or exemptions"],"plain_english_summary":"This Determination is a technical update setting the dollar limits on how much PSS members (current and former Australian Government employees, including AFP members) can accumulate for the 2021–22 year. It replaces old figures with updated maximum benefit caps — e.g. a lump‑sum cap of $805,000 (or 10× average salary where applicable) and an AFP pension cap of $1,127,000 (or 14× average salary).\n\nIt matters because these caps stop unlimited tax‑advantaged accumulation, limiting contributions/benefits once reached to keep the scheme sustainable."},"flash_summary":{"complexity_score":2,"scope_assessment":{"changed":false,"description":"This Determination only updates numeric maximum benefit figures for the financial year commencing 1 July 2021 by substituting amounts into the existing PSS Rules tables (see Determination ss.3–5). It does not change who is covered, the kinds of benefits, or the structural rules governing benefits; it alters payable maxima and therefore affects payout and funding calculations."},"complexity_factors":["Numeric-only adjustment: the instrument substitutes figures into existing tables rather than creating new regulatory regimes (see Determination ss.3–5).","References to external rules and deed: operation depends on PSS Rules (rr.5.6.1, 5.6.5, 5.7.1, 5.7.2, 5.7.7) and the Deed under s.4 of the Superannuation Act 1990 — implementers must map numbers to those provisions.","Two salary bands and different multipliers: thresholds (< $80,500 and ≥ $80,500) and differing formulas for lump sums and AFP pensions require correct categorisation when applying caps (Determination tables).","Delegated decision-making: a delegated official issues the Determination (preamble), so administrative discretion is limited to citation of authority rather than policy design."],"plain_english_summary":"This Determination updates the PSS scheme’s maximum benefit caps for the 2021–22 year. It substitutes new tables so certain lump‑sum and AFP pension limits are fixed as dollar amounts or as multiples of average salary, effective 1 July 2021.\n\nThe Commonwealth Superannuation Corporation, acting under the PSS Rules and the Superannuation Act 1990, sets these numeric caps. The change affects PSS members, AFP pension arrangements, and administrators who must apply the revised limits when calculating and paying benefits."},"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"}},"importantCases":[],"_links":{"self":"/api/acts/superannuation-pss-maximum-benefits-2021-2022-determination-2021","history":"/api/acts/superannuation-pss-maximum-benefits-2021-2022-determination-2021/history","analysis":"/api/acts/superannuation-pss-maximum-benefits-2021-2022-determination-2021/analysis","conflicts":"/api/acts/superannuation-pss-maximum-benefits-2021-2022-determination-2021/conflicts","importantCases":"/api/acts/superannuation-pss-maximum-benefits-2021-2022-determination-2021/important-cases","documents":"/api/acts/superannuation-pss-maximum-benefits-2021-2022-determination-2021/documents"}}