WebOct 21, 2024 · The 2024 LTCR estimates that the total unfunded liability of the PSS and the CSS as at 30 June 2024 will be $158.5 billion in present value terms, an increase of $3.7 billion compared to $154.8 billion estimated in the 2024 LTCR. This increase between LTCRs is largely driven by changes in factors including pension take-up, rates of … WebApr 5, 2024 · Unit prices and performance. Unit prices are needed for daily member transactions and will determine the actual performance a member achieves based on the timing of their individual transactions. The unit prices are determined based on the best available information at the time they are declared. Valuations are fed into the. unit price.
PSS and CSS Long Term Cost Reports Department of Finance
WebEarning rates (according to your investment option) will be applied to your basic and supplementary contributions from the date CSS receives them. All contributions must be received by CSS on or ... EMAIL [email protected] PHONE 1300 000 277 FAX 02 6275 7010 MAIL CSS GPO Box 2252 Canberra ACT 2601 csc.gov.au 4 of 4. … WebWhere a CSS member on resignation or retrenchment elects to preserve their contributions in that scheme (this is known as a deferred benefit in the CSS), the employee contribution and the 3 percent productivity contribution continue to … ray white bribie island qld
Frequently asked questions - CSC
WebIf you earn over $80,000 you may get a subsidy starting from 90%. This will go down by 1% for each $5,000 of income your family earns. You’ll either get more subsidy or have no change to your entitlement. If you have more than one child aged 5 or under, you can still get a higher rate for one or more of your children. WebIf you’re a member of a couple and at least one of you get a pension. The first $93,600 of your combined financial assets has the deemed rate of 0.25% applied. Anything over $93,600 is deemed to earn 2.25%. WebJun 30, 2024 · The current family income thresholds are available on our website.. Annual cap. Families earning more than $190,015 and under $354,305 will have a subsidy cap of $10,655 per year, per child. Families earning under $190,015 will … ray white bridgetown