TABLE 5: SRC ACT SUBSECTION 21(5) SPECIFIED RATE OF WEEKLY INTEREST ON LUMP-SUM SUPERANNUATION AMOUNTS
Date Rate Notice
01/7/16 2.72% F2016L01104
01/7/15 - 30/6/16 3.26% -/2015 - F2015L00855
1/7/14 - 30/6/15 3.86% -/2014 - F2014L00680
COMMONWEALTH SUPER PENSION INCREASES
The CSS closed to new members from 1 July 1990
SRC Act Subsection 20(3) Changes to Superannuation Amount for Superannuation Funds Managed by the Commonwealth Superannuation Corporation
The Government portion of superannuation pensions paid under the Commonwealth superannuation schemes are indexed by the Consumer Price Index (CPI).
The Commonwealth Superannuation Corporation reviews the employer funded portion of the Commonwealth superannuation scheme pensions twice a year in line with movements in the CPI. The CPI adjustment is then applied to superannuation pensions in January and July.
The biannual indexation percentage is provided below.
SRC AWOTE Rates
29-06-90 8.6%
28-06-91 4.9%
26-06-92 1.7%
25-06-93 1.2%
24-06-94 1.4%
29-06-95 3.9%
21-06-96 3.7%
20-06-97 1.3%
01-07-98 0%
18-06-99 1.1%
29-06-00 2.8%
29-06-01 6.0%
28-12-01 1.1%
28-06-02 1.8%
27-12-02 1.4%
27-06-03 2.0%
25-12-03 0.6%
25-06-04 1.4%
23-12-04 0.9%
24-06-05 1.4%
22-12-05 1.6%
22-06-06 1.4%
21-12-06 2.5%
20-12-07 1.9%
20-06-08 2.3%
18-12-08 2.7%
18-06-09 0.0%
01-01-10 1.3%
18-06-10 1.4%
31-12-10 1.3%
01-07-11 2.0%
30/12/11 1.5%
29/06/12 0.1%
28/12/12 1.9%
28/06/13 0.6%
27/12/13 1.6%
27/06/14 1.3%
26/12/14 0.9%
26/06/15 0.4%
07/01/16 1.1%
24/06/16 0.2%
30/12/11 1.5%
29/06/12 0.1%
28/12/12 1.9%
28/06/13 0.6%
27/12/13 1.6%
27/06/14 1.3%
26/12/14 0.9%
26/06/15 0.4%
07/01/16 1.1%
24/06/16 0.2%
23/12/16 1.1%
23/06/17 1.0%
22/12/17 0.8%
05/07/18 1.1%