SUPERANNUATION AND SALARY SACRIFICE Sample Clauses

SUPERANNUATION AND SALARY SACRIFICE. (a) Superannuation Guarantee Levy (SGL) contributions will be made by us to our nominated default superannuation fund. to accept a lower all up rate and have the difference contributed to your superannuation fund.
AutoNDA by SimpleDocs
SUPERANNUATION AND SALARY SACRIFICE. Subject to the following conditions an Employee must apply to the Council to salary sacrifice any part of his/her salary (including Award or Enterprise Agreement based salary/wages) to make additional contributions to their Superannuation Scheme -
SUPERANNUATION AND SALARY SACRIFICE. 25.1 Superannuation legislation Superannuation legislation, including the Superannuation Guarantee (Administration) Act 1992 (Cth), the Superannuation Guarantee Charge Act 1992 (Cth), the Superannuation Industry (Supervision) Act 1993 (Cth) and the Superannuation (Resolution of Complaints) Act 1993 (Cth), deals with the superannuation rights and obligations of employers and employees. Under superannuation legislation individual employees generally have the opportunity to choose their own superannuation fund. If an employee does not choose a superannuation fund, any superannuation fund nominated in the agreement covering the employee applies. The rights and obligations in these clauses supplement those in superannuation legislation.
SUPERANNUATION AND SALARY SACRIFICE. 24.1 The Company shall make contributions on behalf of each employee to Superannuation Trust of Australia (STA) or Labour Union Co-operative Retirement Fund (LUCRF) in accordance with the Superannuation Guarantee Legislation. The default fund for superannuation will be LUCRF.
SUPERANNUATION AND SALARY SACRIFICE a) All employees are eligible to join Australian Super, which is the default fund for the employees covered by this Agreement;
SUPERANNUATION AND SALARY SACRIFICE. 25.1 The Parties agree that the employer will continue to pay employer superannuation contributions in respect of each current employee into Statewide Super (being a complying superannuation fund). Choice of fund will apply from the date of this Agreement to all employees of the employer, who are to be provided with a standard choice form to enable them to select a fund in accordance with relevant superannuation legislation. For any employee that does not provide a choice form within twenty eight (28) days, all superannuation contributions will be paid to the default fund, being Statewide Super. For the purpose of this clause:
SUPERANNUATION AND SALARY SACRIFICE. 3.6.1 The Company will make superannuation contributions in accordance with the Superannuation Guarantee Charge Act 1992 (Cth) into a complying superannuation fund nominated by the Employee. If the Employee does not nominate a complying superannuation fund, contributions will be made into the Australian Super Superannuation Fund. Employees are able to make voluntary after-tax contributions on a regular basis from their pay.
AutoNDA by SimpleDocs
SUPERANNUATION AND SALARY SACRIFICE. The parties agree that Local Super, a division of Statewide Super, will be the default Superannuation Fund of the Naracoorte Lucindale Council.
SUPERANNUATION AND SALARY SACRIFICE 

Related to SUPERANNUATION AND SALARY SACRIFICE

  • Salary Sacrifice to Superannuation (a) An employee can elect to sacrifice a portion of salary to superannuation. Such election must be made prior to the commencement of the period of service to which the earnings relate and be in accordance with relevant legislation.

  • Superannuation The subject of superannuation is dealt with extensively by legislation including the Superannuation Guarantee (Administration) Act 1992, the Superannuation Industry (Supervision) Act 1993 and the Superannuation (Resolution of Complaints) Act 1993. This legislation, as varied from time to time, will govern the superannuation rights and obligations of the parties.

  • Superannuation Benefits (a) An employer may make an application to the Commission for relief from the obligation to make severance payments in circumstances where:

  • Salary Sacrifice Employees may sacrifice their pre-tax earnings, subject to such arrangements being made for legitimate purposes such as additional superannuation contributions. The amount of salary sacrifice being deducted from pre-tax earnings shall be deducted from gross earnings with each pay period. Any such arrangements must be requested, varied or amended in writing, providing no les than one months notice to the Company. A Salary Sacrifice Request Form is attached as a schedule to this Agreement for this purpose. The Company recommends that employees seek independent financial advice prior to entering into salary sacrifice arrangement. The amount of any salary sacrifice income requested must be a fixed sum, without variation from one pay period to the next. The company shall implement employee requests to commence salary sacrifice arrangements at four (4) times a year, on the first full pay period on or after the 1st July, 1st October, 1st January and 1st April. Where adverse tax and/or superannuation changes occur, the Company or employee may terminate these salary sacrifice arrangements. Where a decision to terminate is made, employees will be given one month’s notice in writing.

  • SALARY SACRIFICE ARRANGEMENTS 34.1 Employees covered by this Agreement will have access to salary sacrifice arrangements in addition to the compulsory arrangement detailed above. The requirements of any such arrangements shall ensure that:

  • Superannuation Fund Unless, to comply with superannuation legislation, the employer is required to make the superannuation contributions provided for in Clause 24(b) to another superannuation fund that is chosen by the employee, the employer must make the superannuation contributions provided for in Clause 24(b) and pay the amount authorised under Clauses 24(d)(i) or 24(d)(ii) to one of the following superannuation funds:

  • Wages and Salaries The wages and salaries for Unit employees have been negotiated in good faith between the Union and the District and shall be as set forth in Appendix A of this Agreement. The wages and salaries set forth in Appendix A are intended to, and do, meet any prevailing wage obligations which are or may be imposed upon the District.

  • Salary Scale The salary scale applicable to Employees shall be set out hereinafter in the Wage Schedule.

  • Superannuation legislation The subject of superannuation is dealt with extensively by federal legislation including the Superannuation Guarantee (Administration) Act 1992, The Superannuation Guarantee Charge Act 1992, the Superannuation Industry (Supervision) Act 1993, and the Superannuation (Resolution of Complaints) Act 1993. This legislation, as varied from time to time, shall govern the superannuation rights and obligations of the parties.

  • Consideration of Salary History Contractor shall comply with San Francisco Administrative Code Chapter 12K, the Consideration of Salary History Ordinance or “Pay Parity Act.” Contractor is prohibited from considering current or past salary of an applicant in determining whether to hire the applicant or what salary to offer the applicant to the extent that such applicant is applying for employment to be performed on this Agreement or in furtherance of this Agreement, and whose application, in whole or part, will be solicited, received, processed or considered, whether or not through an interview, in the City or on City property. The ordinance also prohibits employers from (1) asking such applicants about their current or past salary or (2) disclosing a current or former employee’s salary history without that employee’s authorization unless the salary history is publicly available. Contractor is subject to the enforcement and penalty provisions in Chapter 12K. Information about and the text of Chapter 12K is available on the web at xxxxx://xxxxx.xxx/olse/consideration-salary-history. Contractor is required to comply with all of the applicable provisions of 12K, irrespective of the listing of obligations in this Section.

Time is Money Join Law Insider Premium to draft better contracts faster.