Common use of Fund Management Clause in Contracts

Fund Management. The scheme will be managed by the Catholic Education Office. During the four year accrual period, schools will remit 20% of salary foregone to the Office on a two or four weekly basis. Participants will receive a statement from the Office at the end of each year showing the amount accumulated in the scheme. At the beginning of the fifth year, when leave is taken, the accumulated amount will be forwarded to the participant’s school for payment through the school’s payroll. All contributions to the scheme are guaranteed by the Catholic Education Office of WA.

Fund Management. The scheme will be managed by the Catholic Education Office. During the four year accrual period, schools will remit 20% of salary foregone to the Office on a two or four weekly basis. Participants will receive a statement from the Office at the end of each year showing the amount accumulated in the scheme. At the beginning of the fifth year, when leave is taken, the accumulated amount will be forwarded to the participant’s 's school for payment through the school’s 's payroll. All contributions to the scheme are guaranteed by the Catholic Education Office of WA.

Fund Management. The scheme will be managed by the Catholic Education Office. During the four 4 year accrual period, schools will remit 20% of salary foregone to the Office on a two 2 or four 4 weekly basis. Participants will receive a statement from the Office at the end of each year showing the amount accumulated in the scheme. At the beginning of the fifth year, when leave is taken, the accumulated amount will be forwarded to the participant’s school for payment through the school’s payroll. All contributions to the scheme are guaranteed by the Catholic Education Office of WA.

Fund Management. The scheme will be managed by the Catholic Education Office. During the four four-year accrual period, schools will remit 20% of salary foregone to the Office on a two or four weekly basis. Participants will receive a statement from the Office at the end of each year showing the amount accumulated in the scheme. At the beginning of the fifth year, when leave is taken, the accumulated amount will be forwarded to the participant’s 's school for payment through the school’s 's payroll. All contributions to the scheme are guaranteed by the Catholic Education Office of WA.

Fund Management. The scheme will be managed by the Catholic Education Office. During the four year accrual period, schools will remit 20% of salary foregone to the Office on a two or four weekly basis. Participants will receive a statement from the Office at the end of each year showing the amount accumulated in the scheme. At the beginning of the fifth year, year when leave is taken, the accumulated amount will be forwarded to the participant’s school for payment paid through the school’s payroll. All contributions to the scheme are guaranteed by the Catholic Education Office of WA.