delete Superannuation (CSS) Productivity Employee Inclusion Declaration No. 1
Australian federal legislative instrument establishing criteria for determining which employees qualify as 'productivity employees' under the Commonwealth Superannuation Scheme (CSS), affecting how employer contributions and benefits are calculated. Registered 2008-04-21 as Declaration No. 1.
CSS is a defined benefit public sector scheme that creates long-term fiscal liabilities and distorts labor market decisions. This Declaration adds regulatory complexity through its employee inclusion criteria, likely creating employment decision distortions and compliance costs. Productivity-based inclusions in defined benefit schemes particularly distort incentives by disconnecting retirement outcomes from actual productivity. Without the specific text, the general pattern of such instruments—adding eligibility criteria to already-distortional defined benefit arrangements—indicates net cost to liberty and prosperity. The instrument should be deleted and any necessary provisions absorbed into simpler, market-oriented retirement structures.