Superannuant’s CPI increase
The regular twice yearly income adjustment for Government Superannuants will be 0.62% in line with the Consumer Price Index. This increase will be effective from the pay period ending 10 October 2019.
This adjustment is in accordance with the Superannuation Act 1988, where fortnightly income is adjusted twice yearly (April and October) to reflect the variation in the Consumer Price Index, All Groups for Adelaide (CPI).
A letter with more details will be sent to Superannuants shortly.
Superannuants, whose fortnightly income commenced before 1 April 2019 receive the full CPI increase, while those that commenced on or after that date receive a pro-rata CPI increase.