Tax and super

Your CSS benefit comprises your member, productivity and employer-financed components; these are either taxed or untaxed components as explained below:

  • Your member component (comprising your basic and supplementary contributions plus scheme earnings) is a ‘taxed’ component because it is money paid from your after-tax salary directly to CSS.
  • Your productivity component (comprising your employer’s productivity contributions since 1 July 1990 less 15% contributions tax, plus scheme earnings) is a ‘taxed’ component because it is money paid directly to CSS to be invested; productivity contributions prior to 1 July 1990 are an ‘untaxed’.
  • Your employer-financed component (determined only when you leave CSS) is generally paid to you as a CPI-indexed pension and calculated based* on your final salary for super purposes, length of membership and your age at exit. It is an ‘untaxed’ component because it is paid from the Consolidated Revenue Fund (CRF), not CSS, which means it is from an ‘untaxed source’.

* If you resign and preserve your benefit in the CSS, your CPI-indexed pension will be based on your basic contributions and interest on the date you claim your benefit.