Superannuation (CSS) Productivity Contribution (2002-2003) Declaration

For section 110D of the Superannuation Act 1976, the table in subsection 110C (1) of that Act is to have effect, for the financial year starting on 1 July 2002, as if the amounts set out in the following table were substituted for the amounts set out in that table.

Table

Fortnightly rate of salary Fortnightly productivity contribution

Less than $1 278.00 $38.34

$1 278.00 or more, but less than $2 060.00 The amount that is 3% of the employee's fortnightly rate of salary

$2 060.00 or more, but less than $3 090.00 $61.80

$3 090.00 or more The amount that is 2% of the employee's fortnightly rate of salary

Note

1. Notified in the Commonwealth of Australia Gazette on 27 June 2002.