Superannuation Act 1976
110CProductivity contributions
Start here
Get a plain-English read of 110C
Turn the raw legal text into a practical explanation grounded in Superannuation Act 1976.
110C Productivity contributions
(1) Subject to this section, the productivity contribution in respect of a productivity employee for a fortnight is the amount ascertained in accordance with the following Table:
<table cellspacing="0" cellpadding="0" style="margin-left:52.5pt; border-collapse:collapse"><tbody><tr><td colspan="2" style="width:294.35pt; border-top:1.5pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"><p class="TableHeading"><span>TABLE</span></p></td></tr><tr><td style="width:149.35pt; border-top:0.75pt solid #000000; border-bottom:1.5pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"><p class="TableHeading"><span>Fortnightly rate of salary</span></p></td><td style="width:134.2pt; border-top:0.75pt solid #000000; border-bottom:1.5pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"><p class="TableHeading"><span>Fortnightly productivity contribution</span></p></td></tr><tr><td style="width:149.35pt; border-top:1.5pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"><p class="Tabletext"><span>Less than $846</span></p></td><td style="width:134.2pt; border-top:1.5pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"><p class="Tabletext"><span>$25.40</span></p></td></tr><tr><td style="width:149.35pt; border-top:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"><p class="Tabletext"><span>$846 or more but less than $1,300</span></p></td><td style="width:134.2pt; border-top:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"><p class="Tabletext"><span>The amount that is 3% of the employee’s fortnightly rate of salary</span></p></td></tr><tr><td style="width:149.35pt; border-top:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"><p class="Tabletext"><span>$1,300 or more but less than $1,950</span></p></td><td style="width:134.2pt; border-top:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"><p class="Tabletext"><span>$39.00</span></p></td></tr><tr><td style="width:149.35pt; border-top:0.75pt solid #000000; border-bottom:1.5pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"><p class="Tabletext"><span>$1,950 or more</span></p></td><td style="width:134.2pt; border-top:0.75pt solid #000000; border-bottom:1.5pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"><p class="Tabletext"><span>The amount that is 2% of the employee’s fortnightly rate of salary.</span></p></td></tr></tbody></table>