Superannuation (CSS) Productivity Contribution (2018-2019) Declaration 2018

This Declaration is the Superannuation (CSS) Productivity Contribution (2018-2019) Declaration 2018.

This Declaration shall take effect on 1 July 2018.

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 2018, 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 $2,352.67 $70.58

$2,352.67 or more but less than The amount that is 3% of the

$3,790.00 employee's fortnightly rate of salary

$3,790.00 or more but less than $113.70

$5,685.00

$5,685.00 or more The amount that is 2% of the employee's fortnightly rate of salary