If you would like to start salary sacrificing or change your current salary sacrifice amount, you will need to arrange this with your employer. This can be done at any time throughout the year. You can also read the fact sheets below for more detailed information about salary sacrificing and the concessional contributions cap. Before making a decision, we recommend that you seek personal financial advice.
SSS Fact Sheet 24:
Salary sacrifice your personal contributions to SSS
SSS Fact Sheet 23:
Concessional contributions cap
Reasonable care has been taken in producing the information in the calculator or resulting report. Nothing in the calculator or report is to be regarded as personal advice. If there is any inconsistency between the information in the calculator, report and applicable legislation, the applicable legislation will prevail. To the extent permitted by law, SAS Trustee Corporation (STC), its directors and employees do not warrant the accuracy or reliability of the calculator. STC recommends that you consider the appropriateness of information contained in the calculator or report to your own situation and consult a licensed financial or other appropriately qualified adviser before acting on any of the information contained in the calculator or report.
The State Superannuation Scheme (SSS) is administered by Mercer Administration Services (Australia) on behalf of the Trustee, SAS Trustee Corporation ABN 29 239 066 746. SSS is governed by the Superannuation Act 1916, the State Authorities Non-contributory Superannuation Act 1987 and the Superannuation Administration Act 1996. The Scheme is also subject to Commonwealth superannuation and tax legislation.
State Super Financial Services Australia Limited, trading as StatePlus, is the holder of an Australian Financial Services Licence 238430, ABN 86 003 742 756. StatePlus is a 'for profit' financial services organisation which also provides financial planning advice. As of 6 June 2016, StatePlus is wholly owned by FSS Trustee Corporation (ABN 11 118 202 672 and AFSL 293340) as trustee of the First State Superannuation Scheme (ABN 53 226 460 365). StatePlus has its own Board and Management team. State Super does not pay any fees to StatePlus for the financial advice and member seminar services it provides to State Super members. State Super is not a representative of StatePlus and receives no commission when making referrals to StatePlus for financial planning services. Neither State Super nor the New South Wales Government take any responsibility for the services offered by StatePlus, nor do they or StatePlus guarantee the performance of any service or product provided by StatePlus.