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Superannuation (PSS) Productivity Contribution (2008-2009) Determination 2008

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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