Superannuation

Members of Parliament (Staff) Act 1984 (MOP(S) Act) employees are entitled to superannuation in accordance with the relevant Commonwealth legislation.

To view information on Commonwealth-funded superannuation schemes applying to MOP(S) Act employees and superannuation choice, please click on the links below.

Please note:  Any information contained on the linked pages is general information relating to the superannuation arrangements available to persons employed under the MOP(S) Act. Also note that superannuation arrangements and legislation may change from time to time without this page reflecting those changes. For information on what arrangements are suitable for your personal circumstances, please consult a licensed financial adviser. For further information about Commonwealth funded superannuation schemes, please visit the Commonwealth Superannuation Corporation .

Individual flexibility arrangement - superannuation allowance

From 1 July 2017, the Special Minister of State has approved an individual flexibility arrangement (IFA) under clause 13 of the Commonwealth Members of Parliament Staff Enterprise Agreement 2016-2019 to allow eligible ongoing employees to choose to be paid an allowance in exchange for a lower employer superannuation contribution.

The IFA is available to ongoing employees whose employer superannuation is paid under the Superannuation Guarantee (Administration) Act 1992. This does not include employees who are members of the CSS, PSS or PSSap as the employer contributions to these schemes cannot be reduced by an IFA.

Should an employee choose to make an IFA, their employer superannuation contribution will be reduced to 9.5 per cent of their ordinary time earnings instead of the 15.4 per cent contribution under the Enterprise Agreement. The employee will be paid an allowance of 5.3881 per cent of their ordinary time earnings each pay. The allowance is taxable and will also attract an employer superannuation contribution. The employee’s overall remuneration, including employer superannuation, will be unchanged.

If employees have any queries or wish to make an IFA, please contact the Staff Help Desk.

More information

If you are unsure of the superannuation fund membership options available to you, please contact the Staff Help Desk.