Superannuation (PSS)

Productivity Contribution

(2009-2010) Determination 2009

I,  JONATHON EDWARD HALE, Manager of the Australian Public Sector Defined Benefit Schemes Administration Section, Commonwealth Superannuation Administration, Position No. 44, and Delegate of Australian Reward Investment Alliance, 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 30 June 2009

J HALE

Delegate of Australian Reward Investment Alliance

1 Name of Determination

This Determination is the Superannuation (PSS) Productivity Contribution (2009-2010) Determination 2009.

2 Commencement

  This determination shall take effect from and including 1 July 2009.     

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 2009, 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 $1 759.33    $52.78

$1 759.33 or more, but less    The amount that is 3% of the

than $2 834.00                           employee’s fortnightly rate of

      salary

$2 834.00 or more, but less   $85.02

than $4 251.00

$4 251.00 or more    The amount that is 2% of the

      employee’s fortnightly rate of

      salary