Commonwealth legislation

Superannuation (PSS) Productivity Contribution (2013-2014) Determination 2013

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This Determination sets the fortnightly "productivity contribution" amounts PSS members must pay for the 2013–14 financial year, effective 1 July 2013. It replaces the table in Rule 4.3.2 with a schedule that uses fixed fortnightly amounts for some salary bands and percentage‑based rates (3% or 2%) for others. Members (employees) bear the deduction; the Commonwealth Superannuation Corporation delegate makes the decision and payrolls must apply the appropriate fixed amount or percentage based on fortnightly salary.

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Current sections

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Superannuation (PSS) Productivity Contribution (2013-2014) Determination 2013

Superannuation (PSS)

Productivity Contribution

(2013-2014) Determination 2013

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I, STEPHEN PAUL WHITTON, Director, Australian Public Sector Payments and Entitlements, Position No. 44, and Delegate of Commonwealth Superannuation Corporation, pursuant to rule 4.3.3 of the PSS Rules, in the Schedule to the Deed in force under section 4 of the Superannuation Act 1990, DETERMINE as follows:

Dated 6 June 2013

S WHITTON

Delegate of Commonwealth Superannuation Corporation

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1 Name of Determination

This Determination is the Superannuation (PSS) Productivity Contribution (2013-2014) Determination 2013.

2 Commencement

This determination shall take effect from and including 1 July 2013.

3 Productivity Contributions

For Rule 4.3.3 of the PSS Rules, the table in Rule 4.3.2 has effect, for the financial year starting on 1 July 2013, as if the amounts specified in the following table were substituted for the amounts specified in that table:

Table

Fortnightly rate of salary Fortnightly productivity

contribution

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Less than $2,090.00 $62.70

$2,090.00 or more but less than The amount that is 3% of the

$3,367.33 employee’s fortnightly rate of

salary

$3,367.33 or more but less than $101.02

$5,051.00

$5,051.00 or more The amount that is 2% of the

employee’s fortnightly rate of

salary

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Source text

Sourced from the Federal Register of Legislation (legislation.gov.au), CC BY 4.0.

1 Superannuation (PSS) Productivity Contribution (2013-2014) Determination 2013

Superannuation (PSS)

Productivity Contribution

(2013-2014) Determination 2013

Dated 6 June 2013

S WHITTON

Delegate of Commonwealth Superannuation Corporation

1 Name of Determination

This Determination is the Superannuation (PSS) Productivity Contribution (2013-2014) Determination 2013.

2 Commencement

This determination shall take effect from and including 1 July 2013.

3 Productivity Contributions

Table

Fortnightly rate of salary Fortnightly productivity

contribution

Less than $2,090.00 $62.70

$2,090.00 or more but less than The amount that is 3% of the

$3,367.33 employee’s fortnightly rate of

salary

$3,367.33 or more but less than $101.02

$5,051.00

$5,051.00 or more The amount that is 2% of the

employee’s fortnightly rate of

salary