Application to Register as a Casual Teacher - Education and ...

Public Sector Superannuation Accumulation Plan (PSSap)Access to the PSSap was formally closed for new employees of the ACT Government from 6 October 2006 bydeclaration of the Commonwealth Minister for Finance and Administration. Accordingly, from 6 October 2006,all new ACT Government employees are not eligible to become a member of the PSSap nor can they continue tocontribute to an existing membership with the PSSap.If you are currently contributing to the PSSap you will be required to choose an alternate superannuation fund inline with the superannuation fund of choice arrangements as outlined above.Employer ContributionsIn addition to your own personal contribution (if any) employers are required to contribute a minimum employerpayment of 9% (based on a percentage of your earnings) for you into the fund of your choice. This is called anemployer contribution.If you choose to personally contribute 3% or more of your salary into a superannuation fund your employer (thisagency) will contribute a further 1% into your fund bringing the overall employer contribution rate up to 10%.You need to complete the Employer Superannuation Contribution Rate form (included with this SuperannuationInformation Pack) if you wish to contribute a percentage of your earnings to a superannuation fund of yourchoice. This will enable the Payroll and Personnel team to identify your level of personal contribution and toprocess the additional 1% employer contribution if your level of personal contribution is 3% or more.If you reduce your personal superannuation contribution to below 3% you should immediately inform the Payrolland Personnel team and it will cease the additional 1% employer contribution made into your fund.Board / Committee MembersIn accordance with Australian Government legislation the ACT Government is required to make employercontributions on behalf of all Board / Committee Members. Board / Committee Members are eligible toparticipate in the superannuation fund of choice arrangements as outlined above.However, as casual office holders Board / Committee Members are not eligible to resume contributions to apreserved/deferred CSS or PSSdb fund and must therefore make a choice for an alternate superannuation fund.Deductions from your earnings will commence on the next available payday or following advice of attendance inrelation to Board / Committee activities.Default fund arrangementsShould you decide not to nominate a superannuation scheme the employer contribution of 9% will go to theTerritory’s default fund provider First State Super. A Product Disclosure Statement for First State Super isavailable at www.firststatesuper.com.au/Tools/BrochuresForms.You can decide to make personal contributions to the default fund provider. However you must still decide whatpercentage of salary you wish to contribute.Page | 18