Document ID: chunk:federal_register_of_legislation:F2023L00793:body:0
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Superannuation (PSS)
Productivity Contribution
(2023-2024) Determination 2023

I, JARRED BROWN, Senior Manager, Governance & External Providers, Customer Operations, and Delegate of Commonwealth Superannuation Corporation, pursuant to rule 4.3.3 of the PSS Rules, in the Schedule to the Deed in force under section 4 of the Superannuation Act 1990, DETERMINE as follows:

Dated   14 June 2023

J BROWN
Delegate of Commonwealth Superannuation Corporation

1 Name of Determination

    This Determination is the Superannuation (PSS) Productivity Contribution (2023-2024) Determination 2023.

2 Commencement

       This determination shall take effect on 1 July 2023.

3 Productivity Contributions

    For Rule 4.3.3 of the PSS Rules, the table in Rule 4.3.2 has effect, for the financial year starting on 1 July 2023, 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 $2,710.00    $81.30

    $2,710.00 or more but less than   The amount that is 3% of the
    $4,366.00     employee's fortnightly rate of
          salary

    $4,366.00 or more but less than  $130.98
    $6,549.00

    $6,549.00 or more    The amount that is 2% of the
          employee's fortnightly rate of
          salary