Employer Contributions
Accumulation Members
Your employer is required to comply with current superannuation guarantee legislation which generally requires a minimum 9% superannuation contribution. Between 1 July 2013 and June 2019, the minimum rate will gradually increase to 12%.
Some Corporate members, employed by Airservices Australia and covered by certain certified employment agreements receive 12.5% superannuation contributions.
The ATO is responsible for ensuring employers meet the minimum requirements of the Superannuation Guarantee (SG) Act. If you have concerns about an employer not paying the correct SG contributions for you, please refer to your employer or the ATO fact sheet.
Defined Benefit Members
Airservices Australia and CASA contributes whatever is required to ensure the Fund has sufficient assets to pay members’ benefits. If investment returns are positive and Fund assets grow, the employer may contribute less. Conversely, if investment returns are negative, your employer may need to contribute more. The actual level of employer contributions is based on annual advice from the Fund's actuary.
Employees with CSS/PSS Membership
CSS/PSS members receive employer contributions through their membership with the CSS/ PSS respectively.
However, CSS members who are employees of Airservices Australia also have a 3% award-based employer contribution paid from the defined benefit section of AvSuper.
