Making additional contributions


Members of the Contributory Scheme, State Fire Commission Superannuation Scheme, and Tasmanian Ambulance Service Superannuation Scheme have the option of increasing their contribution rate(s).

Benefit from super tax advantages

If you make super contributions, you have the added bonus of investing your money in a low tax environment.

RBF can help you

An RBF Superannuation Consultant can help you plan for your retirement. You can discuss your estimated RBF benefit and retirement options with us by calling the RBF Enquiry Line on 1800 622 631 to arrange an appointment.
 

How much can I contribute?


You can contribute as much as you want to your super each year up to the contribution limits. Additional tax will apply if you exceed these limits.

Remember that the limits apply to each individual so both members and their spouse may make contributions up to the limits.

Members who invest a large sum of money into super as a one-off contribution or through regular payments will need to be aware of the limits. For example, Contributory Scheme members who are purchasing service or upgrading past rates of contribution should ensure they do not exceed the limits.

Members who contribute to more than one super scheme will need to ensure their total contributions, across all their super schemes, do not exceed the limit.

How do I increase my contributions, I am a Contributory Scheme member?


Increasing your contribution rate to the Contributory Scheme will increase your overall Contributory Scheme defined benefit.

If you are a Contributory Scheme member you are required to pay fortnightly contributions at the minimum contribution rate of 5% of salary. You can increase your contribution rate in multiples of 1% up to 15% of salary to increase your future benefit. Increasing your contribution rate will give rise to a specified increase in your benefit accrual rate which is used in the calculation of your defined benefit.

You can choose to pay your fortnightly contributions as personal (non-concessional) contributions or by salary sacrifice (concessional) contributions. To increase your contributions, complete the Contributory Scheme - Election to vary contributions form.

For more information about increasing your contribution rate please read the Contributory Scheme: Member Booklet.

In addition to increasing your rate of contributions you may, subject to eligibility criteria and payment of the required cost, increase your adjusted benefit multiple factor if you:

  • upgrade a period of past contributory service to a higher contribution rate;
  • purchase an eligible period of non-contributory service; or
  • remove a service penalty.
 

For more information on upgrading past contributory service and purchasing eligible periods of non-contributory service please read the Contributory Scheme - Improving your super fact sheet.

If you are eligible to receive the super co-contribution, personal contributions to the Contributory Scheme will count towards your entitlement.

To assist you in deciding which option is best for you, members are encouraged to contact RBF where specially trained staff can assist you. Each member's circumstances and goals are different and it is important to base your decision on your own situation.

To make payments or commence regular deductions, please complete the appropriate form available from the Forms & publications section.

 

How do I increase my contributions, I am a State Fire Commission Superannuation Scheme member?


If you are a State Fire Commission Superannuation Scheme member you are required to contribute at a flat rate of 5% of salary. These contributions can be made as personal (non-concessional) contributions or by salary sacrifice (concessional) contributions.

You may also be eligible to receive the super co-contribution, depending on your salary. Personal (non-concessional) contributions to the State Fire Commission Superannuation Scheme will count towards the amount of the super co-contribution that you are entitled to.

To assist you in deciding which option is best for you, members are encouraged to contact RBF where specially trained staff can assist you. Each member's circumstances and goals are different and it is important to base your decision on your own situation.

To make payments or commence regular deductions, please complete the appropriate form, available from the Forms & publications section.

To increase your contributions complete the State Fire Commission Superannuation Scheme - Election to vary contributions form and return it to your employer.

 

How do I increase my contributions, I am a Tasmanian Ambulance Service Superannuation Scheme member?


Increasing your contribution rate to the Tasmanian Ambulance Service Superannuation Scheme will increase your overall defined benefit.

If you are a Tasmanian Ambulance Service Superannuation Scheme member you are required to pay fortnightly contributions at the minimum contribution rate of 5% of salary. You can increase your contribution rate in multiples of 1% up to 11% of salary to increase your future benefit. Increasing your contribution rate will give rise to a specified increase in your benefit accrual rate which is used in the calculation of your defined benefit.

You can choose to pay your fortnightly contributions as personal (non-concessional) contributions or by salary sacrifice (concessional) contributions.

You may also be eligible to receive the super co-contribution, depending on your salary. Personal contributions to the Tasmanian Ambulance Service Superannuation Scheme will count towards the amount of the super co-contribution that you are entitled to.

To assist you in deciding which option is best for you, Tasmanian Ambulance Service Superannuation Scheme members are encouraged to contact RBF where specially trained staff can assist you. Each member's circumstances and goals are different and it is important to base your decision on your own situation.

To make payments or commence regular deductions, please complete the appropriate form available from the Forms & publications section.

To increase your contributions complete the Tasmanian Ambulance Service Superannuation Scheme - Election to vary contributions and return it to your employer.

 
 
 

The trustee of the Retirement Benefits Fund (ABN 51 737 334 954) is the Superannuation Commission (ABN 93 598 914 092).

This website is provided by Mercer Outsourcing (Australia) Pty Ltd (MOAPL) ABN 83 068 908 912, Australian Financial Services Licence #411980 on behalf of the Superannuation Commission ("Trustee") ABN 93 598 914 092 as trustee for the Retirement Benefits Fund ("Fund"). The Fund comprises the Contributory Scheme, the Contributory Scheme CPA, the State Fire Commission Superannuation Scheme, the Tasmanian Ambulance Service Superannuation Scheme, the Parliamentary Superannuation Fund and the RBF Life Pension.

Information provided on, and available from, this site does not constitute financial or taxation advice. The information does not take into account the individual objectives, financial situation or needs of any individual and we recommend that you obtain investment and taxation advice specific to your investment objectives, financial situation and particular needs before making a financial decision.

You should seek independent financial and taxation advice to determine if an investment is appropriate to your individual circumstances.

The Trustee pays a fee for the provision of this service however this fee is not conditional on you using this service or acting on the information or advice provided through this service.

Please read the Terms and conditions for further information about your use of this website.