
What your high 3 is and isn't
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About this listen
We demystify the concept of the “High Three” retirement calculation, clarifying common misconceptions. Contrary to the belief that it’s simply the average of your highest pay over three years, we explain that it actually involves averaging the last 78 pay periods, with only certain types of pay contributing to this total. Join us as we break down this complex formula, ensuring you’re fully informed about your retirement benefits and how to accurately calculate your High Three.
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In the spirit of reconciliation, Audible acknowledges the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respect to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander peoples today.