CSS and PSS
Members of the Commonwealth Superannuation Scheme (CSS) or Public Sector Superannuation Scheme (PSS) receive favourable treatment in the calculation of concessional contributions to their schemes.
Employer Productivity Superannuation Contribution (EPSC) rates are used to calculate concessional contributions to CSS and PSS. For the financial year 2010/11 the EPSC rates are:
Applicable fortnightly rate of salary for superannuation | Fortnightly EPSC |
Less than $1,848.67 | $55.46 |
$1,848.67 or more to under $2,978 | The amount that is 3% of the employee's fortnightly rate of Salary |
$2,978 or more to under $4,467 | $89.34 |
$4,467 or more | The amount that is 2% of the employee's fortnightly rate of Salary |
If a CSS or PSS member is making any additional contributions to another fund, total contributions across all super accounts should be within the cap.
