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Superannuation (PSS) Productivity Contribution (2006-2007) Determination 2006

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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