Superannuation (PSS)
Productivity Contribution
(2006-2007) Determination 2006
Select Legislative Instrument 2006 No.
I, MATTHEW ARTHUR CASTLE, Manager of the Australian Public Service, Defined Benefit Schemes Administration Section, Commonwealth Superannuation Administration, Position No. 44, and Delegate of the PSS Board, pursuant to rule B4.3.3 of the Rules, DETERMINE as follows:
Dated 14 June 2006
Matthew Castle
Delegate of the PSS Board
1 Name of Determination
This Determination is the Superannuation (PSS) Productivity Contributions (2006-2007) Determination 2006.
2 Commencement
This determination shall take effect from and including 1 July 2006.
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 2006, 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 $1 540 $46.20
$1 540 or more, but less The amount that is 3% of the
than $2 481.33 employee’s fortnightly rate of
salary
$2 481.33 or more, but less $74.44
than $3 722
$3 722 or more The amount that is 2% of the
employee’s fortnightly rate of
salary