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Superannuation (CSS)
Productivity Contribution
(2021-2022) Declaration 2021

I, ABBEY BROWNE, Senior Manager, Knowledge and Technical Advice, and Delegate of the Commonwealth Superannuation Corporation, make the following Declaration under section 110D of the Superannuation Act 1976.

Dated 8 June 2021

A BROWNE
Delegate of Commonwealth Superannuation Corporation

1 Name of Declaration

    This Declaration is the Superannuation (CSS) Productivity Contribution (2021-2022) Declaration 2021.

2 Commencement

 This Declaration commences on 1 July 2021.

3 Productivity Contributions

    For section 110D of the Superannuation Act 1976, the table in subsection 110C(1) of that Act has effect, for the financial year starting on 1 July 2021, 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 $2,568.67    $77.06

    $2,568.67 or more but less than   The amount that is 3% of the
    $4,138.00     employee's fortnightly rate of
          salary

    $4,138.00 or more but less than  $124.14
    $6,207.00

    $6,207.00 or more    The amount that is 2% of the
          employee's fortnightly rate of
          salary