Part 1: Expense Measures (Continued)
Finance and Deregulation
Government and non-Government personal employees — additional positions
| 2009‑10 | 2010‑11 | 2011‑12 | 2012‑13 | 2013‑14 | |
|---|---|---|---|---|---|
| Department of Finance and Deregulation | - | 10.6 | 14.5 | 14.5 | 14.6 |
The Government will provide $54.2 million over four years to increase the number of Ministerial, Opposition, Australian Greens, Independent and Whips staff by a total of 72 positions.
The additional staff will allow Members and Senators to better manage their workload and provide them with greater capacity for consultation.
Public Sector Superannuation Scheme — increasing the age to which members can accrue employer benefits
| 2009‑10 | 2010‑11 | 2011‑12 | 2012‑13 | 2013‑14 | |
|---|---|---|---|---|---|
| Department of Finance and Deregulation | - | - | -12.0 | -11.0 | -12.0 |
From 1 July 2011, the Government will increase the age to which Public Sector Superannuation Scheme (PSS) members who choose to continue to work can accrue employer benefits from age 70 to 75. This will achieve savings of $35 million on a fiscal balance basis ($8 million on an underlying cash balance basis) over the forward estimates.
Under current arrangements, employer contributions cease when a PSS contributor reaches age 70, even though the member may remain in the scheme and continue making personal contributions until age 75, provided they meet the work test.
The measure will better align the scheme with the Government's broader superannuation policy of encouraging people to remain in the workforce longer, and will align the PSS with other Australian Government civilian schemes where benefits can be accrued after age 70.
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