Superannuation (CSS) Productivity Contribution (2005-2006) Declaration 20051
I, MICHAEL JOHN SIMPSON, Manager of the Civilian Defined Benefit Schemes Administration Section, Commonwealth Superannuation Administration, and delegate of the CSS Board, make this Declaration under section 110D of the Superannuation Act 1976. Dated 27 June 2005 M SIMPSON Delegate of the CSS Board
1 Name of Declaration This Declaration is the Superannuation (CSS) Productivity Contribution (2005-2006) Declaration 2005. 2 Commencement This Declaration commences on 1 July 2005. 3 Productivity contributions For section 110D of the Superannuation Act 1976, the table in subsection 110C (1) of that Act has effect, in relation to the financial year starting on 1 July 2005, as if the amounts specified in the following table were substituted for the amounts specified in the table in subsection 110C (1).
Fortnightly rate of salary
Fortnightly productivity contribution
Less than $1 473.33
$44.20
$1 473.33 or more, but less than $2 374.00
The amount that is 3% of the employee’s fortnightly rate of salary
$2 374.00 or more, but less than $3 561.00
$71.22
$3 561.00 or more
The amount that is 3% of the employee’s fortnightly rate of salary
Note 1. All legislative instruments and compilations are registered on the Federal Register of Legislative Instruments kept under the Legislative Instruments Act 2003. See www.frli.gov.au.