Super Co-contribution Calculator

The Government Super Co-contributions Scheme is an incentive to encourage people earning less than $58,980 p.a. to make after-tax contributions to their super. If you are eligible, and your income is less than $28,980 p.a. then you will receive from the government $1.50 for every after-tax (non-concessional) dollar you contribute to super - up to $1,500 p.a.

To find out how much you would receive based on your income and after-tax contribution amount, use our Super Co-contribution Calculator, below.

Eligibility to receive the Government Super Co-contribution

You will be eligible for the co-contribution for an income year if:

• you make personal superannuation contributions by 30 June to a complying superannuation fund or retirement savings account (RSA )
• your total income (assessable income plus reportable fringe benefits) is less than $58,980 (the higher income threshold)
• 10% or more of your total income is from eligible employment
• you are less than 71 years old at the end of the income year
• you do not hold an eligible temporary resident visa at any time during the income year, and
• you lodge an income tax return for the relevant income year.

Please note that as of 1 July 2007 self-employed people are also eligible to receive Government Super Co-contributions as part of the government's changes made to superannuation.

Information and calculations are current as at July 2007 and subject to change.