New employer productivity superannuation contribution rates

New employer productivity superannuation contribution (EPSC) rates will apply to all PSS and CSS members with a productivity benefit from the first pay of the financial year (pay 1 – 10 July 2008).

The new rates applying from pay 1 (10 July 2008) are outlined in the table below:

Fortnightly rate of salary	Fortnightly productivity contribution
Less than $1670.67	$50.12
$1,670.67 or more to under $2,690.67	The amount that is 3% of the employee's fortnightly rate of Salary
$2,690.67 or more to under $4,036.00	$80.72
$4,036.00 or more	The amount that is 2% of the employee's fortnightly rate of Salary

2008/09 Maximum Benefit Limits for PSS members

The Maximum Benefit Limit (MBL) applicable to PSS members has increased with movements in the Average Weekly Ordinary Time Earnings (AWOTE) index.

MBLs for the 2008/09 financial year is outlined in the below:

Average Salary	Maximum Benefit
Less than $52,000.00	$520,000.00
$52,000.00 and over	10 times average salary

Note: Different MBLs may apply to members of the Australian Federal Police. Please contact Employer Help for more information. Members should contact the PSS on 1300 000 377.