Premier & Cabinet

Type:
Department of Premier and Cabinet Circular
Identifier:
C2003-19
Status:
Archived

C2003-19 Senior Executive Service - Notional Salary

Detailed Outline

The Australian Taxation Office has set the maximum contribution base for Superannuation Guarantee payments at $30,560 per quarter ($122,240 per annum) from 1 July 2003. The Superannuation Guarantee charge remains at 9%.

As a result, from 1 July 2003 the following calculations apply to determine notional salary for a SES remuneration package. (NOTE: these calculations are for notional salary purposes only and are used for paying out SES entitlements or when non-SES act in SES positions).

  • If the Total Remuneration Package (TRP) is greater than $133,241.60 p.a. then the notional salary is the TPR less $11,001.60.
    For example, if an SES officer is on a TRP of $200,000.00 then the notional salary for that package is $200,000 - $11,001.60 = $188,998.40.
  • If the TRP is less than or equal to $133,241.60 p.a. then the notional salary is the TRP divided by 1.09.
    For example, if an SES officer is on a TRP of $125,000.00 then the notional salary for that package is $125,000.00 รท1.09 = $114,678.89.

C Gellatly
Director-General

Issued : PSMO
Contact: Robert Horrocks
EMail: [email protected]
Telephone no: 9228 4263 Facsimile: 9228 4056
File no: PSMO/01229
Date: 20 June 2003

This circular replaces Circular No. 2002-32

___________________________________________________

Superseded by C2004-14

Overview

Compliance

Not Mandatory

AR Details

Date Issued
Jun 13, 2014
Review Date
Jun 13, 2024
Replaces
Replaced By

Contacts

Contact
Contact us
Phone
02 9228 5555
Publishing Entity
Department of Premier and Cabinet
Issuing Entity
Department of Premier and Cabinet