Superannuation and Salary Sacrificing Sample Clauses

Superannuation and Salary Sacrificing. 4.4.1 Superannuation fund a) In accordance with federal superannuation guarantee legislation, employees covered by this Agreement can choose a complying superannuation fund. Seqwater will make superannuation contributions on behalf of employees as required by the superannuation guarantee legislation. This amount may be less than employer contributions to Seqwater’s default fund. b) Employees who do not exercise choice to nominate an alternate superannuation fund will become members of the default fund. c) Seqwater has nominated QSuper as the default fund for superannuation purposes. Employees who participate in QSuper are entitled to benefits calculated in accordance with the governing rules of QSuper. d) The applicable superannuation scheme for employees covered by this Agreement for employees employed on or after 1 July 2016 will be unaffected and will remain as follows (unless any of the employee exercise choice) in accordance with (a) above: i. transitioned members of the Local Government Superannuation Scheme or the Brisbane City Council Superannuation Plan would remain with those funds; ii. transitioned employees with choice of fund would retain choice of fund; and iii. transitioned employees who are QSuper members would remain with that fund.