Superannuation (CSS) Productivity Contribution (2011-2012) Declaration 2011

Link to law: https://www.comlaw.gov.au/Details/F2011L01365

 
 
 
 
 
 
Superannuation (CSS)
Productivity Contribution
(2011-2012) Declaration 2011
 
 
I, STEVE WHITTON, Director, Australian Public Sector Payments and Entitlements, Position No. 44, and Delegate of the Australian Reward Investment Alliance, make the following Declaration under section 110D of the Superannuation Act 1976.
 
Dated          29 June 2011
 
 
 
 
S WHITTON
Delegate of Australian Reward Investment Alliance
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
1          Name of Declaration
 
This Declaration is the Superannuation (CSS) Productivity Contribution (2011-2012) Declaration 2011.
 
 
2          Commencement
 
          This Declaration shall take effect from and including 1 July 2011.
 
 
3          Productivity Contributions
 
For section 110D of the Superannuation Act 1976, the table in subsection 110C(1) of that Act 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 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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