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Question

What is an Optional Employer Contribution?

Answer

Optional Employer Contribution is a salary sacrifice contribution.

Salary sacrifice is a way of making additional contributions from your salary BEFORE you have paid tax at your personal rate. These contributions are generally subject to 15% contributions tax on receipt of the contribution.

This can result in a higher net 'take home' pay, for further information on salary sacrifice please see the About Salary sacrifice fact sheet.

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