Federal Register of Legislation
Superannuation (PSS) Productivity Contribution (2011-2012) Determination 2011
I, STEVE WHITTON, Director, Australian Public Sector Payments and Entitlements, Position No. 44, and Delegate of Australian Reward Investment Alliance, 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:
Dated 29 June 2011
S WHITTON Delegate of Australian Reward Investment Alliance
1 Name of Determination
This Determination is the Superannuation (PSS) Productivity Contribution (2011-2012) Determination 2011.
2 Commencement
This determination shall take effect from and including 1 July 2011.
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 2011, 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 $1,915.33 $57.46
$1,915.33 or more, to under The amount that is 3% of the $3,086.00 employee's fortnightly rate of salary
$3,086.00 or more, to under $92.58 $4,629.00
$4,629.00 or more The amount that is 2% of the employee's fortnightly rate of salary
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