Premier & Cabinet

Type:
Department of Premier and Cabinet Circular
Identifier:
C2008-25
Status:
Archived

C2008-25 Senior Executive Service - Notional Salary

Detailed Outline

The calculation of notional salary for the Senior Executive Service (SES) has been updated.

Notional salary determines payments for accrued leave to SES officers on separation, non-SES acting in SES positions and for cashing out leave to SES officers.

Notional salary is the total remuneration package less the employer’s required superannuation contribution under the Superannuation Guarantee (Administration) Act 1992 (Cth).

Superannuation Guarantee legislation requires quarterly employer contributions of at least 9% of ordinary time earnings, up to the maximum contribution base (MCB).

The Australian Taxation Office (ATO) has determined the MCB to be $38,180 per quarter ($152,720 per annum) from 1 July 2008.

From 1 July 2008, notional salary calculations are:

  • If the Total Remuneration Package (TRP) is greater than $166,464.80 pa, the notional salary is the TRP less $13,744.80.

For example, if an SES officer is on a TRP of $200,000 then the notional salary is
$200,000 - $13,744.80 = $186,255.20.

  • If the TRP is less than or equal to $166,464.80 pa, the notional salary is the TRP divided by 1.09.

For example, if an SES officer is on a TRP of $150,000 then the notional salary is
$150,000 1.09 = $137,614.68.

(Signed)

John Schmidt
Acting Director General

Overview

Compliance

Not Mandatory

AR Details

Date Issued
Apr 7, 2008
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