You don’t have to contribute extra to super. But doing so may be a good idea as your retirement savings could need to last you 20 years or longer. Even small amounts can grow to be much bigger over a long investment period.
You can contribute in the following ways:
- personal (after tax) contributions
- salary sacrifice (before tax) contributions if you employer allows them
- spouse contributions.
You can also consolidate other super into your PSSap account.
Please keep your super contribution limits and contribution rules for over 65s in mind.
Personal (after tax) contributions
These contributions are made from after tax money which may also qualify you for a government co-contribution.
How do I contribute?
1. Via BPAY
BPAY is good for contributing lump sums or adding extra every now and then.
Login to your PSSap using PSSap Member Online; click on ‘contributions’ and follow the prompts to generate your BPAY and customer reference numbers. You need a password to use PSSap Member Online. If you do not have an password or misplaced it, please contact us during business hours.
Learn more about BPAY and PSSap Member Online.
2. Via your employer
Set up an arrangement through your employer to contribute regular amounts to super. It can be easier to add small amounts regularly than to save larger once-off amounts. Ask your employer to deduct super contributions from your after tax salary. Simply contact your personnel section or payroll department. If you wish to contribute before tax amounts to super each pay period, ask about your salary sacrifice options.
3. Via cheque or money order
Send your payment to PSSap using our address details on the contact us page. Please remember to also provide your full name and membership number.
Salary sacrifice
Salary sacrifice involves adding before tax amounts to your super. It can be a very tax effective strategy to build your super savings. Remember, salary sacrifice is an arrangement between you and your employer.
Ask your personnel or payroll section if your employer allows salary sacrifice contributions to super. Most Australian Government departments and agencies do. However, it may be handled via a third party arrangement, not your employer. Please also keep your super contribution limits in mind when salary sacrificing.
Spouse contributions
Your spouse can make additional super contributions into your PSSap. Your spouse does not need to be a PSSap member to make these contributions.