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Co-Contributions

Government superannuation co-contributions for low-income earners

Unlike the other Ancillary contributions, Co-contributions are not a product provided by MilitarySuper. Co-contributions are an additional contribution from the Australian Government for eligible individuals.

Who is Eligible?

If your assessable income and fringe benefits are less than the limit imposed by the government you are entitled to receive a co-contribution using information from MilitarySuper and your tax return.

As a MilitarySuper Member, the scheme will only be able to accept a Co-contribution on your behalf if you are a contributing Member. When your Ancillary Benefit becomes payable, it will be paid as a lump sum only, separate from your MilitarySuper Member and Employer Benefit.

Government co-contributions will not be included in the contribution caps and will be tax free when you withdraw your benefit.

No tax is payable on these co-contributions on entry into the Fund.

The maximum co-contribution is currently $1,500 per annum and is payable if your income is below the limit set by the Government. You do not need to apply; the ATO will work out if you are entitled to receive a co-contribution using information from MilitarySuper and your tax return.

More Information

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For information about your superannuation entitlement, the payment of your benefit or about any other superannuation related matter, see the Customer Service Centre.

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