Key superannuation rates and thresholds

Tax-free part of bona fide redundancy payments and approved early retirement scheme payments limits

This table shows the limit set for bona fide redundancy and early retirement payments. The tax-free amount is not an eligible termination payment.

Income year	Base limit	Per complete year of service
2006-07	$6,783	$3,392
2005-06	$6,491	$3,246
2004-05	$6,194	$3,097
2003-04	$5,882	$2,941
2002-03	$5,623	$2,812
2001-02	$5,295	$2,648
2000-01	$5,062	$2,531
1999-2000	$4,858	$2,429
1998-99	$4,712	$2,356
1997-98	$4,548	$2,274
1996-97	$4,348	$2,174
1995-96	$4,180	$2,090
1994-95	$4,000	$2,000

For more information, see Bona fide redundancy payments and approved early retirement scheme payments.

Sections within Other super rates and thresholds

• Deduction limits based on the age of the employee or individual
• Allocated pension payments minimum and maximum limits
• Pension valuation factors
• Low rate threshold - post-June 1983 components of ETPs
• Tax-free part of bona fide redundancy payments and approved early retirement scheme payments limits
• Reasonable benefit limits
• Superannuation contributions surcharge
• 10-year Treasury bond rate
• Average weekly ordinary time earnings (AWOTE)