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Establishment—recurrent expenditure (superannuation employer contributions) (financial year), total Australian currency N[N(8)]

Identifying and definitional attributes

Metadata item type:Help on this termData Element
Short name:Help on this termRecurrent expenditure—superannuation employer contributions
METeOR identifier:Help on this term722672
Registration status:Help on this termHealth, Standard 16/01/2020
Definition:Help on this term

Contributions paid in Australian dollars or (for an emerging cost scheme) that should be paid (as determined by an actuary) on behalf of establishment employees either by the establishment or a central administration such as a state health authority, to a superannuation fund providing retirement and related benefits to establishment employees, for a financial year.

Data Element Concept:Establishment—recurrent expenditure (superannuation employer contributions)

Value domain attributes

Representational attributes

Representation class:Help on this termTotal
Data type:Help on this termCurrency
Format:Help on this termN[N(8)]
Maximum character length:Help on this term9
Unit of measure:Help on this termAustralian currency (AU$)

Data element attributes

Collection and usage attributes

Guide for use:Help on this term

Record as currency up to hundreds of millions of dollars. Rounded to nearest whole dollar.

Comments:Help on this term

The definition specifically excludes employee superannuation contributions (not a cost to the establishment) and superannuation final benefit payments.

In private enterprise some superannuation schemes are partially funded but this is considered too complex a distinction for national minimum data sets.

It is noted that the emergence of salary sacrifice schemes allows employees to forego salary for higher superannuation contributions. If these become significant, national minimum data sets may have to take them into account at a future stage.

The following different funding bases are identified:

  • paid by hospital to fully funded scheme;
  • paid by Commonwealth Government or State government to fully funded scheme;
  • unfunded or emerging costs schemes where employer component is not presently funded.

Fully funded schemes are those in which employer and employee contributions are paid into an invested fund. Benefits are paid from the fund. Most private sector schemes are fully funded.

Emerging cost schemes are those in which the cost of benefits is met at the time a benefit becomes payable; that is, there is no ongoing invested fund from which benefits are paid. The Commonwealth superannuation fund is an example of this type of scheme as employee benefits are paid out of general revenue.

Source and reference attributes

Submitting organisation:Help on this term

Australian Institute of Health and Welfare

Relational attributes

Related metadata references:Help on this term

Supersedes Establishment—recurrent expenditure (superannuation employer contributions) (financial year), total Australian currency N[N(8)] Health, Superseded 16/01/2020, ACT Health, Final 17/08/2018

Implementation in Data Set Specifications:Help on this term

Mental health establishments NMDS 2020–21 Health, Standard 16/01/2020

DSS specific attributes +
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