Salary Sacrifice for Triple S

Salary sacrifice for Triple S

Does this look like a sacrifice?

Salary sacrificing what you can afford to live without now can set Triple S members up to live larger in retirement. 

With no annual cap1 on salary sacrifice contributions and no annual fee to set up, you can save now and spend later.

Try our salary sacrifice calculator

Super, special

By salary sacrificing before tax, you could:

100X100_large_Grow your super-01.svgLower your income tax

Salary Sacrifice can reduce your taxable income, as contributions are deducted from your before-tax salary.

100X100_large_Consolidate-16.svgSave more in super

With a salary sacrifice agreement in place, you will be saving more for retirement, which will be compounding over time. This could allow you to arrive at a financially sound place, sooner rather than later. When you’re ready to retire and live your best life, you’ll be better prepared financially.

100X100_large_Moderate-54.svgTake advantage of no annual cap1

With Triple S, members can take advantage of the rare benefit which allows you to contribute much more to your super each year. With most super funds, an annual contribution cap of $30,000 applies. However Triple S members have a lifetime cap, but no annual cap1. This is a great way to turbo-boost your super as you’re nearing retirement.

Save now, spend later

The following case study shows the long-term benefits of boosting your super.

Meet Kate, age 45

Kate earns $90,000 per year and is planning to retire at age 67.

At 45, she decided it was really time to dial up her super savings and could afford $15,000 per year from her take home pay. Kate started salary sacrificing with before-tax contributions to her Triple S account of $22,132 per year.

  No salary sacrifice With salary sacrifice
Take home pay fortnight $2,708 $2,129


As a result Kate:

Pays $7,082 per year less in income tax
Has $444,734 more in her super at age 67

  • Projections are for illustrative purposes only and have been calculated based on the following assumptions:

    • Employer super contributions of 11.5% up to 12 % from 1 July 2025
    • Investment rate of return of 5% per annum net of investment fees and costs
    • Price inflation rate of 4% per annum and salary inflation rate of 2.5% per annum
    • Insurance premiums of $300 per annum
    • Administration fees have been calculated at $70.20 per annum plus 0.05% of the account balance (capped at $325 per annum)
    • 26 fortnights per year
    • The calculation estimates an amount payable in today’s dollars which means they are adjusted for inflation.
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Get started today. Speak with your employer about how to set up your salary sacrifice for free with Super SA.

1  A lifetime untaxed plan cap of $1.780m for 2024-25 FY applies. Refer to the Triple S Product Disclosure Statement for further information. If you also receive concessional contributions in a taxed fund, any concessional contributions made to Triple S will be counted towards your annual concessional contributions cap.

The superannuation schemes administered by Super SA are exempt public sector superannuation schemes and are not regulated by the Australian Securities and Investments Commission (ASIC) or the Australian Prudential Regulation Authority (APRA). Super SA is not required to hold an Australian Financial Services Licence to provide general advice about a Super SA product. The information in this publication is of a general nature only and has been prepared without taking into account your objectives, financial situation, or needs. Super SA recommends that before making any decisions about its products you consider the appropriateness of this information in the context of your own objectives, financial situation, and needs, read the Product Disclosure Statement (PDS), and seek financial advice from a licensed financial adviser in relation to your financial position and requirements.

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