Contributions

Use this area to see what your employer contributes and how you can build your super with personal contributions, transfers from other funds and spouse contributions. Before making any decisions, please read our Product Disclosure Statement.

Your contributions

You don't have to make any contributions to the PSSap. But remember, your retirement income may have to last for twenty years or more, so it's important to ensure you have adequate super for when you retire.

You can make contributions either as personal contributions (after tax) or, if your employer allows it, as salary sacrifice contributions (before tax). Just let your employer know what you want to do.

More facts about contributions and the difference between tax for your two options.

Employer contributions

Your employer will make a contribution into your account each time you get paid. This contribution is, currently, at least 15.4% of your superannuation salary.

Your ‘superannuation salary' is the salary that is used as a basis for calculating employer contributions. This amount is not necessarily the same as your gross or net salary. It can vary depending on whether you are on a Fortnightly Contributions Salary (FCS) or Ordinary Time Earnings (OTE) salary. Ask your employer to explain which salary is used to calculate your superannuation contribution.

More facts about contributions and salaries.

Transfers from other funds

If you have money invested in other super funds, you may consider transferring it into the PSSap.
Consolidating your super with one fund can save you time and money managing multiple accounts.
Before making any decisions, please read our Product Disclosure Statement.

If you want to transfer money from other funds into the PSSap, just send us a completed TRANSFER form and we will organise it for you. You can also download the PSSap Compliance Letter if you need to provide it to your other fund.

You will receive written confirmation that your transfer has been processed.

Australian Government Super Co-contribution

In some cases, the Government will make a contribution for people on incomes up to $60,342 per annum.

To qualify for the Super Co-Contribution, you must make a personal, after-tax contribution to your super account. The Government will then contribute up to $1.50 for each $1 you contribute, up to a maximum of $1,500.

Salary sacrifice (before tax) contributions are not eligible.

The Australian Taxation Office (ATO) determines if you are eligible to receive the Super Co-Contribution, based on your tax return.

If you are eligible, the ATO will send the amount straight to us.

Spouse contributions

Additional payments can be made into your account by your spouse. These contributions are called ‘eligible spouse contributions'. Your spouse, either married or de facto, does not have to be a member of the PSSap to make the contributions to your account.

More facts about contributions and tax implications.

Age limits

There are conditions to contributing to your super after age 65.

More facts about contributions.