{"id":"F2015L00874","name":"Superannuation (Sustaining the Superannuation Contribution Concession—PSS Pension Reduction Conversion Factors) Determination 2015","slug":"superannuation-sustaining-the-superannuation-contribution-concession-pss-pension-reduction-conversio","collection":"legislative_instrument","jurisdiction":"commonwealth","status":"in_force","isInForce":true,"actNumber":null,"makingDate":null,"administeringDepartment":null,"currentVersion":{"id":438312,"registerId":"F2015L00874-fast-fetch-1775954792256","compilationNumber":null,"startDate":"2026-04-12","status":"InForce","reasons":null,"registeredAt":null},"sections":[{"sectionNumber":"1","sectionType":"section","heading":"Superannuation (Sustaining the Superannuation Contribution Concession—PSS Pension Reduction Conversion Factors) Determination 2015","content":"---\nmeta-content-style-type: text/css\nmeta-content-type: application/xhtml+xml; charset=utf-8\n---\n\n?xml version=\"1.0\" encoding=\"utf-8\" standalone=\"no\"?>\n\n![](image.001.jpeg)\n\n \n\nSuperannuation (Sustaining the Superannuation Contribution Concession—PSS Pension Reduction Conversion Factors) Determination 2015\n\nI, Bronwyn McNaughton, Acting Chief Executive Officer, Commonwealth Superannuation Corporation (CSC), delegate of CSC, make the following determination.\n\nDated 4 June 2015\n\nBronwyn McNaughton\n\nActing Chief Executive Officer\n\n \n\n \n\n \n\n \n\nContents\n\n1 Name\n\n2 Commencement\n\n3 Authority\n\n4 Definitions\n\n5 Meaning of person’s pension reduction age\n\n6 Conversion factors\n\n \n\n1  Name\n\n  This is the Superannuation (Sustaining the Superannuation Contribution Concession—PSS Pension Reduction Conversion Factors) Determination 2015.\n\n2  Commencement\n\n (1) Each provision of this instrument specified in column 1 of the table commences, or is taken to have commenced, in accordance with column 2 of the table. Any other statement in column 2 has effect according to its terms.\n\n \n\n- Commencement information\n- Column 1 Column 2 Column 3\n- Provisions Commencement Date/Details\n- 1. The whole of this instrument The day after this instrument is registered.\n\n\nNote:  This table relates only to the provisions of this instrument as originally made. It will not be amended to deal with any later amendments of this instrument.\n\n (2) Any information in column 3 of the table is not part of this instrument. Information may be inserted in this column, or information in it may be edited, in any published version of this instrument.\n\n3  Authority\n\n  This instrument is made under rule 17.1.8 of the PSS Rules.\n\n4  Definitions\n\n  In this instrument:\n\nperson’s pension reduction age: see section 5.\n\nPSS Rules means the Schedule to the Public Sector Superannuation Scheme Trust Deed.\n\n5  Meaning of person’s pension reduction age\n\n (1) For the purposes of this instrument, a person’s pension reduction age is worked out in accordance with this section.\n\n (2) If the pension to be reduced has started to be paid, the person’s pension reduction age is as follows:\n\n (a) if it is the person’s birthday on the pension reduction day—the age of the person on that day;\n\n (b) otherwise—the age of the person at the person’s last birthday before the pension reduction day.\n\nNote: Pension reduction day has the meaning given by rule 17.1.9 of the PSS Rules.\n\n (3) If the pension to be reduced has not started to be paid, the person’s pension reduction age is as follows:\n\n (a) if it is the person’s birthday on the day the pension becomes payable to the person—the age of the person on that day;\n\n (b) otherwise—the age of the person at the person’s last birthday before the day the pension becomes payable to the person.\n\n6  Conversion factors\n\n  The conversion factor that is applicable to a person is the factor set out in the following table for the person’s pension reduction age.\n\n \n\n- Conversion factors for PSS\n- Item Person’s pension reduction age Factor\n- 1 15 26.7\n- 2 16 26.6\n- 3 17 26.5\n- 4 18 26.4\n- 5 19 26.3\n- 6 20 26.2\n- 7 21 26.1\n- 8 22 26.0\n- 9 23 25.9\n- 10 24 25.8\n- 11 25 25.7\n- 12 26 25.6\n- 13 27 25.5\n- 14 28 25.4\n- 15 29 25.3\n- 16 30 25.2\n- 17 31 25.1\n- 18 32 24.9\n- 19 33 24.8\n- 20 34 24.6\n- 21 35 24.5\n- 22 36 24.3\n- 23 37 24.1\n- 24 38 24.0\n- 25 39 23.8\n- 26 40 23.6\n- 27 41 23.4\n- 28 42 23.2\n- 29 43 23.0\n- 30 44 22.7\n- 31 45 22.5\n- 32 46 22.2\n- 33 47 22.0\n- 34 48 21.7\n- 35 49 21.4\n- 36 50 21.1\n- 37 51 20.8\n- 38 52 20.5\n- 39 53 20.2\n- 40 54 19.9\n- 41 55 19.5\n- 42 56 19.2\n- 43 57 18.9\n- 44 58 18.5\n- 45 59 18.1\n- 46 60 17.7\n- 47 61 17.3\n- 48 62 16.9\n- 49 63 16.5\n- 50 64 16.1\n- 51 65 15.7\n- 52 66 15.2\n- 53 67 14.8\n- 54 68 14.3\n- 55 69 13.9\n- 56 70 13.4\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 Determination performs exactly the narrow technical function suggested by its title — providing conversion factors for pension reductions related to contribution concessions. It has not expanded beyond this specific purpose."},"complexity_factors":["Very short instrument — only 6 operative sections","Single purpose: defines one term ('pension reduction age') and provides one table of conversion factors","Minimal cross-referencing — only references rule 17.1.8 and 17.1.9 of the PSS Rules","No nested exceptions or conditional logic beyond simple 'if/then' age calculation","Only 2 defined terms in the interpretation section","Straightforward tabular data presentation with no computational complexity"],"plain_english_summary":"This Determination sets a table of conversion factors used to calculate how much a PSS member’s pension is reduced when they’ve received a superannuation contribution tax concession. The factor applied depends on the member’s pension reduction age (age when the reduction takes effect). The table’s factors fall from 26.7 (age 15) to 13.4 (age 70), providing the standardised math needed to apply concession-related pension reductions fairly and consistently."},"flash_summary":{"complexity_score":3,"scope_assessment":{"changed":false,"description":"The instrument plainly sets conversion factors for PSS pension reductions and defines the pension reduction age (sections 5–6). It is made under the PSS Rules (section 3) and the commencement clause ties effect to registration (section 2). The text contains no amendments or provisions expanding or narrowing the class of persons covered beyond PSS members subject to pension reduction, so no change in scope from what the instrument itself declares is apparent."},"complexity_factors":["Numeric table of age-to-factor mappings (section 6) — straightforward data but requires accurate application in calculations.","Dependency on PSS Rules for operation and key terms (authority under rule 17.1.8; pension reduction day defined by rule 17.1.9) (section 3; note in section 5) — requires cross-reference to trust deed rules.","Definition of 'person’s pension reduction age' with separate rules depending on whether pension has started (section 5) — introduces small timing/edge-case complexity for administrators.","Delegated making power to CSC delegate (instrument signed by acting CEO) — administrative discretion limited but operational responsibility lies with CSC (opening recital and section 3).","Commencement mechanics tied to registration (section 2) — simple but requires record-keeping to determine effective date.","No formulas beyond table lookup — low legal interpretive complexity but potential operational risk if implementers misapply age cut-offs (section 5 and 6)."],"plain_english_summary":"This instrument sets the numeric conversion factors used to calculate reductions to Public Sector Superannuation Scheme (PSS) pensions where a pension is reduced to sustain a superannuation contribution concession. It defines how to determine a person’s “pension reduction age” and gives a table mapping ages 15–70 to specific conversion factors. It directly affects PSS members whose pensions are reduced and the Commonwealth Superannuation Corporation as administrator, by changing the arithmetic inputs used in benefit reduction calculations."}},"importantCases":[],"_links":{"self":"/api/acts/superannuation-sustaining-the-superannuation-contribution-concession-pss-pension-reduction-conversio","history":"/api/acts/superannuation-sustaining-the-superannuation-contribution-concession-pss-pension-reduction-conversio/history","analysis":"/api/acts/superannuation-sustaining-the-superannuation-contribution-concession-pss-pension-reduction-conversio/analysis","conflicts":"/api/acts/superannuation-sustaining-the-superannuation-contribution-concession-pss-pension-reduction-conversio/conflicts","importantCases":"/api/acts/superannuation-sustaining-the-superannuation-contribution-concession-pss-pension-reduction-conversio/important-cases","documents":"/api/acts/superannuation-sustaining-the-superannuation-contribution-concession-pss-pension-reduction-conversio/documents"}}