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Increase your defined benefit fund contribution rate
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You can achieve a larger final super balance by increasing your contribution rate (or by salary sacrificing if you are eligible). The most important factor is to get in early with any necessary extra payments. Whilst it's never too late to start contributing, it pays to get in early.
Contributions Rates
| Fund |
Contribution Rate % |
| ESSS Defined Benefit Fund |
> 3%
> 5%
> 6%
> 7%
> 8%* |
New Scheme
(Contributions Elective) |
> 0%
> 3%
> 5%
> 7%** |
SERB Scheme
(Compulsory) |
Flat rate of 5% |
Transport Scheme
(Contributions Elective) |
> 0.0%
> 2.5%
> 5.0%
> 7.5%** |
* Catch up rate for members who have contributed at a rate less than 7% during their membership. Refer to the Product Disclosure Statement for more details or call our Member Service Centre.
** Only available in order to reach an overall contribution average of 5%
Revised Scheme (Compulsory)
| Contribution Rate |
Your age as at 1 May |
| 8% |
15 - 29 |
| 8.5% |
30 - 39 |
| 9% |
40 - 49 |
| 9.5% |
50+ |
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