Key Post: Superannuation: Civil and Public Service Pensions

oysterman said:

Not quite. Post-'95 public servants pay less than the 6.5% superannuation rate paid by their pre-'95 colleagues. The reduced rate of contribution accounts for the fact that they don't actually get the social welfare contibutory pension unless their public service pension is very low.

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legend99 said:

So do you know what actual % they pay so???

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matc66 said:

Hi, I have a question about superannuation. Basically I'm very unclear as to what it is.
I understand it is a governement pension for state employees like doctors and nurses.
My question is is it enough, do you need to get an additional private pension to be comfortable in retirement?
Thanks

title edited by ajapale

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