Contributions

There are a number of ways you can contribute to your superannuation account.

NTGPASS compulsory contributions

Active members make compulsory contributions to their accumulation account at a rate of 2% to 6% of their contribution salary. Members can vary their contribution rate at the annual review each year on 1 October.

The compulsory contributions entitle members to a Territory-financed defined benefit, which is calculated according to a formula based on the number of benefit points, length of membership and benefit salary.

Voluntary (personal) contributions

Active members who are contributing at 6% of salary can make additional after-tax contributions to their accumulation account. Contributions can be made as a lump sum or through regular payroll deductions. These contributions are known as non‑concessional contributions (refer to contribution caps).

For further information on the rules regarding personal contributions and the payment methods available, please contact your Payroll team or your accumulation fund.

Contribution caps

Concessional contribution caps

Concessional superannuation contributions such as salary sacrifice and employer contributions are made from pre‑tax income. Since 1 July 2017, part of the value of your accruing Territory-financed (employer) contributions has also been included in your concessional superannuation contributions calculations.

Concessional contributions are taxed at the rate of 15%, up to the concessional contribution cap, on receipt into a superannuation fund. Similarly, 15% tax is deducted at the time an NTGPASS or NTSSS defined benefit is paid to a superannuation fund.

Rules around concessional contributions and their caps are constantly changing. For further information on the current caps and tax that may apply to concessional contributions, go to the Australian Taxation Office website.

Non‑concessional contribution cap

Non‑concessional contributions, such as voluntary contributions or your compulsory NTGPASS contributions, are made from after‑tax salary. The non-concessional contributions cap has been $110,000 since 1 July 2021.

More information on how to calculate your non-concessional contributions cap, and what happens if you exceed it, is set out on this Australian Taxation Office website.

Co-contribution

The superannuation co-contribution is a Commonwealth Government initiative to assist eligible individuals to save for their retirement. If you are eligible and make personal superannuation contributions, the government will match your contribution with a co-contribution up to certain limits.

For further details, read the fact sheet below.

Superannuation co-contribution PDF (129.9 KB)

Australian Taxation Office co-contributions calculators

Contribution splitting

NTGPASS and other defined benefit schemes do not allow members to split their concessional contributions with their spouses.