post-30 June 1983 component

the part of the eligible termination payment (ETP) which relates to service after 30 June 1983. For those aged 55 and above, it is subject to a tax-free threshold, above which tax rates are higher than those applying to most other components in an ETP.

For employment termination payments made from 1 July 2007 this component is referred to as the taxable component.

See also concessional component , eligible service period , eligible termination payment , excessive component , invalidity component , pre-1 July 1983 component , undeducted contributions , pre-1July 1983 segment , taxable component , invalidity segment , tax free component