Voluntary Contribution

The average retirement payout in 2008 for men was roughly $140,000 and for women was $65,000*. Not a lot of money, considering that retirement can last 25 years or more for many people.

To ensure you have as much as possible when you retire, consider making personal super contributions.

*Source: ASFA 2008

How do I make a personal after-tax contribution?

You have several payment options:

BPAY®

For your Biller code and Reference number refer to your member card, your statement, or login to MemberAccess for your individual BPAY details.

® Registered to BPAY Pty Ltd ABN 69 079 137 518

Direct debit

Use the direct debit form to organise regular deductions from your financial institution or bank account.

Cheque / Money Order

Make your cheque payable to Retail Employees Superannuation Trust and return along with your once-off contribution voucher.

Post to:
PO Box 350
Parramatta NSW 2124
 

Contributions cap

After tax personal contributions (otherwise known as non-concessional contributions) are tax-free, up to a limit of $150,000 per year. Those under age 65 can bring forward two years worth of contributions, giving them a cap of $450,000 over three years.

Contributions exceeding these limits will attract an 'excess non-concessional contributions tax' of 46.5%.
 

Related information

Government co-contribution