2
In forceProductivity contributions
2 Productivity contributions
In relation to the financial year commencing on 1 July 1996, the Table in subsection 110C (1) of the Superannuation Act 1976 is to have effect 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 $1,014.67
$30.44
$1,014.67 or more, but less than $1,634.67
The amount that is 3% of the employee’s fortnightly rate of salary
$1,634.67 or more, but less than $2,452.00
$49.04
$2,452.00 or more
The amount that is 2% of the employee’s fortnightly rate of salary
NOTE
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