Boost your super with no cap*

Read my story

I ran the numbers on Super SA’s online calculator to see what sort of boost that could give my super savings by the time I retire at age 67. It showed me that, based on my current salary of $120,000, my take home pay does reduce by around an extra $10,000 but – here’s the good part – my super contributions increase by $16,000 per year.

So, basically, I’m taking advantage of no cap on annual salary sacrifice with Triple S*, and using tax savings as well as my own money to turbo-boost my super. Thank you very much Triple S!

I’m already streets ahead but here’s the big picture. With a current balance of $350,000, by the time I retire, this strategy could give me an extra $358,000 to spend. For me, that’s the difference between an adequate retirement and a really enjoyable one.

To run your own numbers, try our contributions calculator.

Step 1: Fill in the Salary Sacrifice form

Want to salary sacrifice directly to Super SA? Decide on a set dollar amount or percentage to salary sacrifice. Filling in the form is easy.

Download the form. 

Step 2: Give the completed form to your employer or HR delegate

If you’re not sure who to give the form, just ask your immediate manager. They should know where the form needs to go. If you are a Police Officer and a member of the Triple S Scheme or Super SA Select then please send your form directly to Super SA to action and we will then forward to your employer or HR delegate for processing.

Step 3: Your employer or HR delegate will complete the employer declaration for you 

After you’ve given the form to your employer or HR delegate, the employer declaration, section 5, will be filled in by your employer or HR delegate. They’ll also hand the completed form to your agency's payroll to process. Shared Services or Payroll will action the completed form and they’ll adjust your salary as per your instructions in the form and the employer will deduct a $44 fee.

Lower your income tax

Generally, salary sacrifice contributions are taxed at 15% when contributions are paid into your super account, which may be lower than your marginal tax rate. It also reduces your taxable income, as salary sacrifice contributions are deducted from your before-tax salary.

Save 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 than later. When you’re ready to retire and live your best life, you’ll be better prepared financially.

Take advantage of no annual cap^*

With Triple S, members can take advantage of the rare benefit we offer which allows you to contribute much more to your super each year. With most super funds, an annual contribution cap of $27,500 applies. However Triple S members have a lifetime cap, but no annual cap*. This is a great way to turbo-boost your super as you’re nearing retirement.