Increase your contribution rate
September 30 2020
Increasing your contribution rate (defined benefit members) is one of the simplest ways you can improve your lifestyle in retirement. Whilst it's never too late to start contributing, it pays to get in early.
Contribution rate options for our different defined benefit funds are:
||After tax contribution rates (%)
||Before tax contribution rates (%)
|ESSS Defined Benefit Fund
(Compulsory based on your age at 1 May)
- 30-39 = 8.5%
- 40-49 = 9%
- 50+ = 9.5%
- 30-39 = 10%
- 40-49 = 10.6%
- 50+ = 11.2%
Change your contribution rate
Login and change
Alternatively, you can submit the form applicable to your fund.
You can partner with an Accumulation Plan
Many of our members also choose to partner their defined benefit fund with our Accumulation Plan. Not only does this allow you to make extra contributions, but you can also enjoy other benefits such as consolidating superannuation into ESSSuper, accessing an award-winning income stream, or varying your insurance.
Find out more about the Accumulation Plan here.