Thinking about moving to part-time work, transitioning toward retirement, or returning to the Australian Public Service after a career break?
Before making any decisions, it's important to understand how the Public Sector Superannuation Scheme (PSS) actually works.
Many APS employees mistakenly believe that working part-time will reduce their Final Average Salary (FAS), or that a preserved PSS benefit remains entirely separate if they later rejoin the APS.
In this article, Bravium explains the relationship between Final Average Salary, Accrued Benefit Multiples (ABM), Preserved Benefit Multiples (PBM) and salary growth, helping PSS members make informed decisions about flexible work, career transitions and retirement planning.
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