The Commonwealth Superannuation Scheme (CSS) and the Public Sector Superannuation Scheme (PSS)

• CSS University pays 14% plus productivity (Sliding scale, see table below)
• PSS University pays 13.1% plus productivity (Sliding scale, see table below)

CSS

Membership of the Commonwealth Superannuation Scheme would have commenced with the members' initial employment at the University, prior to the creation of UniSuper (formerly known as SSAU) which began in 1983. Existing members would not have elected to transfer to UniSuper at that time. National Institute of the Arts (NITA) members would have remained in CSS on transfer to the University in 1993. Other existing members may have been appointed to the University from the Public Service under the previous applying mobility provisions of Part IV of the Public Service Act. The Part IV transfer provision ceased to operate from close of business 15 March 1998.

Personal contributions made to CSS are at a minimum rate of 5%. From 1 July 2003 there are no longer any restrictions to the amount of supplementary contributions CSS members may pay to the scheme (previously supplementary contributions were limited to 5%, making a total of 10% of member contribution).

Employees may make a change to the rate of contribution at any time. A form to increase or decrease member contributions is available from the Remuneration and Benefits Branch, Human Resources Division, Chancelry Building 10A.

PSS

The Public Sector Superannuation Scheme is available only to existing employees who would have transferred to the University as part of the NITA transfer or from the Public Service under the previously existing PART IV mobility provisions.

Personal contributions to the PSS begin at the rate of 2% through to 10%. Should a member of the PSS wish to increase their contributions, the relevant form is available from the Remuneration and Benefits Branch, Human Resources Division, Chancelry Building 10A.

CSS and PSS Employer Productivity Superannuation Contribution (EPSC) rates table effective from Pay 1 of the 2008-2009 financial year i.e. 1 July 2008 are:

The website for ComSuper, the administrators of CSS and PSS is: http://www.comsuper.gov.au

ANU contacts about superannuation