Federal Register of Legislation
Superannuation (PSS) Productivity Contribution (2008-2009) Determination 2008
I, JONATHON EDWARD HALE, Manager of the Australian Public Sector Defined Benefit Schemes Administration Section, Commonwealth Superannuation Administration, Position No. 44, and Delegate of Australian Reward Investment Alliance, pursuant to Rule 4.3.3 of the Rules, DETERMINE as follows:
Dated 30 June 2008
J HALE Delegate of Australian Reward Investment Alliance
1 Name of Determination
This Determination is the Superannuation (PSS) Productivity Contribution (2008-2009) Determination 2008.
2 Commencement
This determination shall take effect from and including 1 July 2008.
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 2008, 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
Less than $1 670.67 $50.12
$1 670.67 or more, but less The amount that is 3% of the than $2 690.67 employee's fortnightly rate of salary
$2690.67 or more, but less $80.72 than $4 036.00
$4 036.00 or more The amount that is 2% of the employee's fortnightly rate of salary
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