Superannuation (PSS)

Maximum Benefits (2025-2026)

Determination 2025

 

 

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I, ADAM NETTHEIM, Chief Customer Officer, and Delegate of Commonwealth Superannuation Corporation, pursuant to rules 5.6.5 and 5.7.7 of the PSS Rules, in the Schedule to the Deed in force under section 4 of the Superannuation Act 1990, DETERMINE as follows:

 

Dated   06 May 2025

 

 

 

 

 

 

 

 

A NETTHEIM

Delegate of Commonwealth Superannuation Corporation

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1 Name of Determination

 

This Determination is the Superannuation (PSS) Maximum Benefits

(2025-2026) Determination 2025.

 

2 Commencement

 

  This determination takes effect on 1 July 2025.     

 

3 Maximum Benefits – Lump Sums

 

For rule 5.6.5 of the PSS Rules, the table in rule 5.6.1 has effect, for the financial year starting on 1 July 2025, as if the amounts specified in the following table were substituted for the amounts specified in that table:

 

Table – Maximum Benefits

Average Salary

Maximum Benefit

 

Less than $93,000.00

 

$930,000.00

 

 

$93,000.00 and over

 

10 times average salary

 

 

  1.                     Maximum Benefits – AFP Lump Sums

 

For rule 5.7.7 of the PSS Rules, the table in rule 5.7.1 has effect, for the financial year starting on 1 July 2025, as if the amounts specified in the following table were substituted for the amounts specified in that table:

 

Table – AFP Preliminary Maximum Benefits –         Lump Sums

Average Salary

Preliminary Maximum Benefit

 

Less than $93,000.00

 

$930,000.00

 

 

$93,000.00 and over

 

 

10 times average salary

 

  1.                     Maximum Benefits – AFP Pensions

 

For rule 5.7.7 of the PSS Rules, the table in rule 5.7.2 has effect, for the financial year starting on 1 July 2025, as if the amounts specified in the following table were substituted for the amounts specified in that table:

 

 

Table – AFP Preliminary Maximum Benefits – Pensions

 

Final Average Salary

Preliminary

Maximum Benefit

 

Less than $93,000.00

 

$1,302,000.00

 

$93,000.00 and over

 

14 times average salary