Superannuation (CSS)

Productivity Contribution

(2006-2007) Declaration 2006

 

Select Legislative Instrument 2006 No.

 

I,  MATTHEW ARTHUR CASTLE, Manager of Australian Public Service Defined Benefit Schemes Administration Section, Commonwealth Superannuation Administration, make the following Declaration under section 110D of the Superannuation Act 1976.

 

Dated         14 June 2006

 

 

 

 

 

Matthew Castle

 

Delegate of the CSS Board


1 Name of Declaration

 

This Declaration is the Superannuation (CSS) Productivity Contribution (2006-2007) Declaration 2006.

 

 

2 Commencement

 

 This Declaration shall take effect from and including 1 July 2006.

 

 

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 2006, 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 $1 540    $46.20

 

$1 540 or more, but less    The amount that is 3% of the

than $2 481.33     employee’s fortnightly rate of

      salary

 

$2 481.33 or more, but less   $74.44

than $3 722

 

$3 722 or more    The amount that is 2% of the

      employee’s fortnightly rate of

      salary