Superannuation (CSS) Productivity Contribution (2012-2013) Declaration 2012

This Declaration is the Superannuation (CSS) Productivity Contribution (2012-2013) Declaration 2012.

This Declaration shall take effect from and including 1 July 2012.

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 2012, 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 $2,000.67 $60.02

$2,000.67 or more but less than The amount that is 3% of the

$3,223.33 employee’s fortnightly rate of salary

$3,223.33 or more but less than $96.70

$4,835.00

$4,835.00 or more The amount that is 2% of the employee’s fortnightly rate of salary