Accrual of Public Sector Superannuation Scheme (PSS) Benefits Between Ages 70 and 75
Prior to 1 July 2011, PSS members who continued to work after the age of 70 were not required to make member contributions and did not accrue any further employer benefits. From 1 July 2011, members will continue to accrue PSS employer benefits up until the age of 75, provided they meet a work test requirement (gainfully employed for at least 40 hours over a period of not more than 30 consecutive days) and have not reached their Maximum Benefit Limit.
No action is required by PSS members following this change. Members between the ages of 70 and 75 will have automatically recommenced accruing employer benefits on their first pay day after 1 July 2011. Members who turn 70 after 1 July 2011 will continue to accrue employer benefits in the same manner as applied before they reached age 70.
Members who were between the ages of 70 and 75 before 1 July 2011, and who were making voluntary member contributions that did not attract an employer benefit accrual, will accrue employer benefits from 1 July 2011.
ComSuper, who administer the PSS, wrote to inform affected members prior to the commencement of the change. If further information is required, ComSuper can be contacted through the PSS website .
Employers of affected PSS members continue to pay productivity contributions for these members.
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