The Public Sector Superannuation (PSS) scheme
Description
- Partly funded, defined benefit scheme
- Established 1990
- Closed to new members 1 July 2005
Coverage
- From 1 July 2008, member contribution rate of 0% or any whole percentage between 2%
to 10% of salary (previously the contribution rate was between 2 per cent and 10 per cent of salary) - Notional employer contribution rate varies according to member contribution rate
- Was compulsory for all permanent full-time or permanent part-time employees appointed from 1 July 1990 to 30 June 2005 (unless required to join the CSS)
- Optional for temporary and casual employees who commenced employment between 1 July 1990 to 30 June 2005 (unless they were full time temporary who could elect to join the CSS)
Website
Back to topLast updated September 7, 2009