Common use of INCOME PROTECTION AND PORTABLE UNUSED SICK LEAVE Clause in Contracts

INCOME PROTECTION AND PORTABLE UNUSED SICK LEAVE. Subject to subclause 31.2, the Employer will contribute the following amounts per week to CIPQ in respect of each of its Employees for, or on account of, the premium insuring income protection for each of those Employees and CIPQ’s costs: from 1 March 2022 - $41.30 from 1 March 2023 - $47.00 from 1 March 2024 - $51.00 from 1 March 2025 - $54.00 from 1 March 2026 - $57-$60 (to be informed by xxxxxxx) If CIPQ decides that a higher weekly rate per Employee must be paid or provided, the Employer must pay that higher rate as and from the date CIPQ determines. If the Employer does not contribute to CIPQ an amount required by this clause in respect of each and every Employee, the Employer will pay to any Employee who would be entitled to a benefit from CIPQ had payment been made:

Appears in 4 contracts

Samples: www.fwc.gov.au, www.fwc.gov.au, www.fwc.gov.au

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