You can increase your retirement benefit by making additional contributions.
Making personal contributions to your super is a great way to help it grow and potentially provide a more comfortable lifestyle in retirement. Additional contributions can be made as personal contributions from your after-tax pay, or you may be able to make contributions before-tax via salary sacrifice.
Your employer can make contributions to your AMIST Super member account, you can make contributions yourself, or your spouse can make contributions on your behalf.
There are four ways you can make additional contributions to your AMIST Super account. These are:
Payroll deduction — You can arrange with your employer to have an amount deducted from your pay and sent to AMIST Super. Just complete the Payroll Deduction Authority form and give it to your pay office.
Automatic bank transfer — This method enables a specific amount to be deducted from your bank, credit union or building society account each month and transferred to your AMIST Super account. Your employer does not need to be involved in this. Just complete the Application for Automatic Bank Transfer form and return it to us.
Sending a cheque or money order — You can make either regular or ad-hoc contributions to your super simply by sending us a cheque or money order with the Member Voluntary Contribution form.
BPAY — To make after-tax contributions by BPAY, you will need our Biller Code and your BPAY Reference Number. You’ll find this information when you log onto your online account. It’s also available on your membership card, on your latest Member Statement, or you can call our AMIST Super Hotline to get the details. BPAY transactions generally take two days to be processed, so if you want your contribution to reach your AMIST Super account by a particular date, say 30 June, you will need to allow for the processing time.
The Federal Government has placed some limitations on the amount you can contribute in any financial year, and there are additional restrictions on making contributions once you reach age 65. Please read the Contributions fact sheet (PDF, 280KB) carefully before making any contributions.