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Superannuation (PSS)
Productivity Contribution
(2020-2021) Determination 2020

I, PETER CARRIGY-RYAN, Chief Executive Officer 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  9 June 2020

P CARRIGY-RYAN
Delegate of Commonwealth Superannuation Corporation

1 Name of Determination

    This Determination is the Superannuation (PSS) Productivity Contribution (2020-2021) Determination 2020.

2 Commencement

       This determination commences on 1 July 2020.

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 2020, 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 $2,488.67    $74.66

    $2,488.67 or more but less than   The amount that is 3% of the
    $4,009.33     employee's fortnightly rate of
          salary

    $4,009.33 or more but less than  $120.28
    $6,014.00

    $6,014.00 or more    The amount that is 2% of the
          employee's fortnightly rate of
          salary