Common use of Quantum Clause in Contracts

Quantum. Subject to the rules of the fund and subject to the election by the employee, the employer shall contribute to the relevant fund in respect of: (i) Eligible full-time and part-time employees 9% of ordinary pay. (ii) Eligible casual employees an amount proportionate to the hours of work of full-time employees 9% of ordinary pay per completed module of 36 hours. The amount of contribution shall rise in accordance with the Superannuation Guarantee Levy. The ability to opt in and out of the fund as provided within the Superannuation Guarantee (Administration) Act 1992 (as amended) and the applicable regulations shall not apply.

Appears in 2 contracts

Sources: Enterprise Agreement, New South Wales Distribution Centres Agreement 2007