Superannuation (CSS) Productivity Contribution (2004-2005) Declaration 2004

This Declaration is the Superannuation (CSS) Productivity Contribution (2004–2005) Declaration 2004.

This Declaration commences on the date of its notification in the Gazette.

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 2004, 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 $1 409.33

$42.28

$1 409.33 or more, but less than $2 270.67

The amount that is 3% of the employee’s fortnightly rate of salary

$2 270.67 or more, but less than $3 406.00

$68.12

$3 406.00 or more

The amount that is 2% of the employee’s fortnightly rate of salary

Note

Notified in the Commonwealth of Australia Gazette on 24 June 2004.