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Superannuation (PSS) Productivity Contribution (2007-2008) Determination 2007

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Superannuation (PSS)
Productivity Contribution
(2007-2008) Determination 2007
 
Select Legislative Instrument 2007 No.
 
I,  MATTHEW ARTHUR CASTLE, Manager of the Australian Public Servicector, Defined Benefit Schemes Administration Section, Commonwealth Superannuation Administration, Position No. 44, and Delegate of the PSS BoardAustralian Reward Investment Alliance, pursuant to rule B4.3.3 of the Rules, DETERMINE as follows:
 
 
Dated 7 June                                               2007
 
 
 
 
 
M CASTLE
 
Delegate of  the PSS BoardAustralian Reward Investment Alliance
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
1          Name of Determination
 
This Determination is the Superannuation (PSS) Productivity Contributions (2007-2008) Determination 2007.
 
 
2          Commencement
 
          This determination shall take effect from and including 1 July 2007.     
 
 
 
3          Productivity Contributions
 
For Rule B4.3.3 of the PSS Rules, the table in Rule B4.3.2 has effect, for the financial year starting on 1 July 2007, 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 $1 591.33                                         $47.74
 
$1 591.33 or more, but less                              The amount that is 3% of the
than $2 564                                                      employee’s fortnightly rate of
                                                                        salary
 
$2 564 or more, but less                                   $76.92
than $3 846
 
$3 846 or more                                                The amount that is 2% of the
                                                                        employee’s fortnightly rate of
                                                                        salary