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Superannuation (CSS) Productivity Contribution (2009-2010) Declaration 2009

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Superannuation (CSS)
Productivity Contribution
(2009-2010) Declaration 2009
 
 
I, JONATHON EDWARD HALE, Manager of Australian Public Sector Defined Benefit Schemes Administration Section, Commonwealth Superannuation Administration, Position No. 44, and Delegate of the Australian Reward Investment Alliance, make the following Declaration under section 110D of the Superannuation Act 1976.
 
Dated 30 June 2009
 
 
 
 
J HALE
Delegate of Australian Reward Investment Alliance
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
1          Name of Declaration
 
This Declaration is the Superannuation (CSS) Productivity Contribution (2009-2010) Declaration 2009.
 
 
2          Commencement
 
          This Declaration shall take effect from and including 1 July 2009.
 
 
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 2009, 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 $1 759.33                                         $52.78
 
$1 759.33 or more, but less                              The amount that is 3% of the
than $2 834.00                                                 employee’s fortnightly rate of
                                                                        salary
 
$2 834.00 or more, but less                              $85.02
than $4 251.00
 
$4 251.00 or more                                           The amount that is 2% of the
                                                                        employee’s fortnightly rate of
                                                                        salary