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Monday, 14 October 2002
Page: 5112


Senator Sherry asked the Minister for Family and Community Services, upon notice, on 30 August 2002:

(1) For each department within the Minister's portfolio, how is superannuation calculated (ie. is the superannuation entitlement calculated on base salary and other income payments, such as overtime allowance or performance bonuses, or on base salary alone).

(2) If the department calculates superannuation on a broader basis, by incorporating all income payments in the calculation of superannuation entitlements, but allows employees to opt out of this arrangement so as to reduce the base upon which superannuation is calculated, what proportion of employees do this.


Senator Vanstone (Minister for Family and Community Services and Minister Assisting the Prime Minister for the Status of Women) —The answer to the honourable senator's question is as follows:

(1) Salary for superannuation purposes for both the Public Sector Superannuation Scheme (PSS) and Commonwealth Superannuation Scheme (CSS) is determined in accordance with the Superannuation (CSS) Salary Regulations 1978, and incorporates base salary and certain allowances not including overtime, that may be regarded as salary for superannuation purposes under the Regulations.

(2) Employees are not able to opt out of this arrangement.