Why doesn’t the employer super contribution deposited into my RSA match the payments made on my payslip?
The reason for the difference is, we deduct concessional contribution tax, currently 15%, before funds are deposited into your RSA account. So, when you look at your payslip you are seeing the gross amount, the amount before we subtract the 15% concessional contribution tax.
Here is an example: Jenny receives $100 from her employer which shows on her payslip. The $100 then comes to Defence Bank where we must apply the 15% concessional -contribution tax, or $15.00. As a result, Jenny will see $85.00 enter her account, the amount after tax.