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Superannuation (PSS) Productivity Contribution (2011-2012) Determination 2011

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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