What was the superannuation rate in 2013?
Christopher Pierce
Updated on April 24, 2026
Table 21: Super guarantee percentage
| Period | General super guarantee (%) | Super guarantee (%) for Norfolk Island (transitional rate) (from 1 July 2016) |
|---|---|---|
| 1 July 2002 – 30 June 2013 | 9.00 | 0 |
| 1 July 2013 – 30 June 2014 | 9.25 | 0 |
| 1 July 2014 – 30 June 2015 | 9.50 | 0 |
| 1 July 2015 – 30 June 2016 | 9.50 | 0 |
When did Super CO-contribution start?
The following changes were also made for all contributions made from 1 July 2012: the maximum co-contribution entitlement was set at $500.
What is a co-contribution to superannuation?
Super co-contributions help eligible people boost their retirement savings. If you’re a low or middle-income earner and make personal (after-tax) contributions to your super fund, the government may also make a contribution (called a co-contribution) up to a maximum amount of $500.
What is the old superannuation scheme?
SASS members who are former members of the NSW Retirement Fund (NRF), Transport Retirement Fund (TRF), Local Government Pension Fund (LGPF) or Railway Superannuation Account (RSA) may receive part or all of their employer-financed benefit in the form of a lifetime fortnightly indexed pension.
What year did superannuation start in Australia?
1992
1992. The Superannuation Guarantee (SG) is introduced with a mandatory 3 per cent contribution rate (or 4 per cent for employers with an annual payroll above $1 million), requiring employers to make a contribution into a super fund on their employees’ behalf.
Does Australian government still match super contributions?
The Government matches $0.50 for every $1 you contribute to super from your after tax savings up to a maximum of $500. To receive the full $500 you must earn $39,837 or less and make a personal (after-tax) contribution of $1,000 or more.
How much is the co-contribution?
How the super co-contribution works in 2021/22. If you earn less than $56,112 per year, the government can contribute up to $500 to your super account in a year. Depending on your income, the government will pay in up to 50 cents for every one dollar you contribute yourself from your after-tax income.
How do I claim super co-contribution?
Eligibility for the super co-contribution
- have made one or more eligible personal super contributions to your super account during the financial year.
- pass the two income tests (income threshold and 10% eligible income tests)
- be less than 71 years old at the end of the financial year.
When did CSS stop?
The CSS is established under the Superannuation Act 1976 . The CSS closed to new members from 1 July 1990. In some limited instances, new employees are required or allowed to contribute to the CSS, for example, if the employee has an existing CSS deferred benefit.
What is a co contribution to superannuation?
Super co-contribution Super co-contributions help eligible people boost their retirement savings. If you’re a low or middle-income earner and make personal (after-tax) contributions to your super fund, the government may also make a contribution (called a co-contribution) up to a maximum amount of $500.
What is the co-contribution scheme?
The Co-contribution scheme which provides a government payment of up to $500; and From 1 July 2017 the Low Income Superannuation Tax Offset (“ LISTO “) [Until 30 June 2017 it was the Low Income Super Contributions Scheme (“ LISC “)]
What are the low income superannuation tax offset schemes?
The other scheme is the Low Income Superannuation Tax Offset (“LISTO”) which is detailed here. The Co-contribution Superannuation Scheme Under the scheme, the Government makes a tax-free superannuation co-contribution to your super fund. The maximum possible benefit is $500, if your own contributions are at least $1,000.
How much can the government contribute to your super fund?
If you’re a low or middle-income earner and make personal (after-tax) contributions to your super fund, the government may also make a contribution (called a co-contribution) up to a maximum amount of $500.
