Common use of Salary Scales and Allowances Clause in Contracts

Salary Scales and Allowances. The rates set out below apply if current superannuation legislation continues to mandate an increase of 0.5% to superannuation in each year of the Agreement. The currently scheduled increases are: • a superannuation guarantee charge (SGC) of 10.5% on 1 July 2022; • a SGC of 11% on 1 July 2023; and • a SGC of 11.5% on 1 July 2024. If in any of the years 2022, 2023 or 2024, the superannuation legislation is amended to freeze the SGC to be applicable on 1 July in that year before the 1 February in that year, the rates payable from the first pay period on or after 1 February of that year set out below will increase by 0.22% with effect from that first pay period on or after 1 February of that year. If in any of the years 2022, 2023 or 2024, the superannuation legislation is amended in the period between 1 February that year and 1 July that year to freeze the SGC to be applicable on 1 July in that year, the rates payable from the first pay period on or after 1 February of that year set out below will increase by 0.22% with effect from the first pay period on or after 1 July of that year. This applies to rates of pay contained in Table 1 – Salary Scales, Table 2 – Casual Rates, Table 3 – Professional Excellence and Leadership Allowances and the Directors’ allowances in Table 4 – Other Allowances of Schedule 1 – Salary Scales and Allowances. For example, if in 2022: • before 1 February 2022, the superannuation legislation is amended to freeze the SGC at 10% from 1 July 2022, the rates payable from the first pay period on or after 1 February 2022 set out below will increase by 0.22% effective from that first pay period on or after 1 February 2022; • on 1 April 2022, the superannuation legislation is amended to freeze the SGC at 10% from 1 July 2022, the rates payable from the first pay period on or after 1 February 2022 set out below will increase by 0.22% effective from the first pay period on or after 1 July 2022.

Appears in 3 contracts

Samples: www.penrith.nsw.edu.au, www.shellharbourac.nsw.edu.au, www.aisnsw.edu.au

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Salary Scales and Allowances. The rates set out below apply if current superannuation legislation continues to mandate an increase of 0.5% to superannuation in each year of the Agreement. The currently scheduled increases are: • a superannuation guarantee charge (SGC) of 10.5% on 1 July 2022; • a SGC of 11% on 1 July 2023; and • a SGC of 11.5% on 1 July 2024. If in any of the years 2022, 2023 or 2024, the superannuation legislation is amended to freeze the SGC to be applicable on 1 July in that year before the 1 February in that year, the rates payable from the first pay period on or after 1 February of that year set out below will increase by 0.22% with effect from that first pay period on or after 1 February of that year. If in any of the years 2022, 2023 or 2024, the superannuation legislation is amended in the period between 1 February that year and 1 July that year to freeze the SGC to be applicable on 1 July in that year, the rates payable from the first pay period on or after 1 February of that year set out below will increase by 0.22% with effect from the first pay period on or after 1 July of that year. This applies to The rates of pay contained in Table 1 – Salary ScalesAnnual Rates, Table 2 – Casual Junior Rates, and Table 3 – Professional Excellence and Leadership Allowances and (only those rates identified as # increasing per annum, as per the Directors’ allowances salary increase), will be increased in Table 4 – Other Allowances of Schedule 1 – Salary Scales and Allowancesthe circumstances as set out in this clause. For example, if in 2022: • before 1 February 2022, the superannuation legislation is amended to freeze the SGC at 10% from 1 July 2022, the rates salary payable from the first pay period on or after 1 February 2022 set out below will increase by 0.22% effective from that first pay period on or after 1 February 2022; • on 1 April 2022, the superannuation legislation is amended to freeze the SGC at 10% from 1 July 2022, the rates salary payable from the first pay period on or after 1 February 2022 set out below will increase by 0.22% effective from the first pay period on or after 1 July 2022.. Table 1 Annual Rates‌

Appears in 1 contract

Samples: www.aisnsw.edu.au

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