RDP 9511: Superannuation and Saving Appendix A: National Accounts Measures of Superannuation Saving
December 1995
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National accounts measures of household disposable income include two superannuation components – employer contributions to superannuation and imputed interest on life and superannuation funds. The saving measures include employer contributions to superannuation and imputed earnings on superannuation and life office funds (offsetting their inclusion in the income measure) and other (mainly personal) contributions. Administrative expenses and claims, including surrenders and pensions, are deducted to get the net superannuation savings (Table A1).
| Total household disposable income = |
|---|
| Household disposable income (excluding superannuation) + Employers' contribution to superannuation + Interest on life and superannuation funds |
| Net saving = |
| Total household disposable income − Private final consumption expenditure |
| Superannuation saving = |
| Employers' contribution to superannuation + Other superannuation contributions (including personal contributions) + Interest on life and super funds − Administrative costs − Claims (including pensions and surrenders) |
| Non-superannuation saving = |
| Net saving − Superannuation saving |