PSS and CSS Long Term Cost Report

The Public Sector Superannuation Scheme (PSS) and Commonwealth Superannuation Scheme (CSS) are reviewed every three years by an independent actuarial firm to determine the schemes' cost. The review examines the size of the schemes' unfunded liabilities, the timing of the projected payments (to be made over a period of decades), and the notional employer contribution rates.

The results of the most recent review are outlined in the PSS and CSS Long Term Cost Report (LTCR) 2017, which is based on data as at 30 June 2017.

This latest report shows that the PSS and CSS unfunded liability was $137.8 billion as at 30 June 2017. This is higher than the estimate contained in the 2014 LTCR and is primarily due to the movement in the discount rate used to value the liability amount. Further information can be found in the report.

A link to the 2017 LTCR and previous (2014, 2011, 2008, 2005, 2002 & 1999) LTCRs are provided below.








If you cannot access these documents please email:

Viewing PDF Files

To view files in pdf format you will need the Adobe Acrobat Reader [External link] application installed on your computer. This link is provided for your convenience and does not constitute endorsement of the product.


Back to top

Contact for information on this page:

Last updated: 04 July 2019