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.
Aware Financial Services Australia Limited (Aware Financial Services) (ABN 86 003 742 756) holds an Australian Financial Services Licence (AFSL number 238430) and is able to provide you with financial product advice. Aware Financial Services is owned by Aware Super Pty Ltd as trustee of Aware Super. State Super does not pay fees to, nor receives any commissions from Aware Financial Services for financial planning and member seminar services provided to State Super members. Neither State Super nor the New South Wales Government take any responsibility for the services offered by Aware Financial Services and its related entities, nor do they guarantee the performance of any service or product provided by Aware Financial Services and its related entities.