Common use of Superannuation Contribution Clause in Contracts

Superannuation Contribution. (a) The employer shall contribute to a complying superannuation fund nominated by the employee, such superannuation contributions as required to comply with the Superannuation Guarantee (Administration) Act 1992 as amended from time to time, but an amount of 9% on behalf of each eligible employee as a minimum: Provided that: (i) Contributions on behalf of each eligible employee shall apply from the date of the employee's commencement of employment with the employer notwithstanding the date the membership application was forwarded to the fund. Such contributions will be made at least monthly. (ii) The amount of contributions to the fund shall be calculated to the nearest 10 cents, any fraction below 5 cents shall be disregarded. (iii) Ordinary time earnings" for the purposes of calculating the employer contribution means the weekly/fortnightly (as the case may be) wage earned during ordinary time in the pay period concerned. Included in such calculation where applicable shall be supervisory and/or certificate allowances. Shift allowances, weekend penalty rates, allowances for disabilities, reimbursement of expenses, annual leave loading, uniforms and the like shall not be included in the calculation of ordinary time earnings. (b) The fund and the amount of contributions paid in accordance with clause 4.6.2 shall be included in pay advice notices provided by a respondent employer to each employee. (c) Where the employee does not notify the employer of their superannuation fund details within the required period of time from commencement, the employer shall contribute into the nominated default fund which is Health Employees Superannuation Trust Australia on the employee’s behalf.

Superannuation Contribution. (a) The employer An Employer shall contribute to a complying superannuation fund nominated by the on behalf of each eligible employee, such superannuation contributions as required to comply with the Superannuation Guarantee (Administration) Act 1992 as amended from time to time, but an amount of time (being 9% on behalf of each eligible ordinary time earnings, effective 1 July 2002), to one of the following funds elected by the employee: - Health Employees Superannuation Trust Australia (HESTA); - Sunsuper; or - National Catholic Superannuation Fund (NCSF). Provided that an employee as a minimum: Provided may contribute to an alternative complying fund by agreement with the Employer. Such agreement shall not be unreasonably withheld by the Employer. The above contribution shall be payable subject to legislation so requiring such payments provided that: (i) Contributions on behalf of each eligible employee shall apply from the date of the employee's commencement of employment with the employer notwithstanding the date the membership application was forwarded to the fundFund. Such contributions will be made at least monthly. (ii) The amount of contributions Prior to the fund shall be calculated to the nearest 10 cents, any fraction below 5 cents shall be disregarded. (iii) Ordinary 01 July 2008 "ordinary time earnings" ", for the purposes of calculating the employer contribution under clause 5.7, means the weekly/fortnightly (as the case may be) wage earned during ordinary time in the pay period concerned. Included in such calculation where applicable shall be supervisory and/or certificate allowances. Shift allowances, weekend penalty rates, allowances for disabilities, reimbursement of expenses, annual leave loading, uniforms and the like shall not be included in the calculation of ordinary time earnings. (iii) From 01 July 2008 “ordinary time earnings”, for the purposes of calculating the employer contributions under clause 5.7, shall be in accordance with the Superannuation Guarantee ruling 94/4. (b) The fund and the amount of contributions paid in accordance with clause 4.6.2 5.7 shall be included in pay advice notices provided by a respondent employer to each employee. (c) Where Each employee shall be given equal access to all information concerning the approved Occupational Superannuation funds set out in clause 5.7.2(a). (d) The employee does not notify shall choose the employer of their superannuation fund details within the required period of time from commencement, into which the employer shall contribute into the nominated default fund which is Health Employees Superannuation Trust Australia make contributions on the employee’s 's behalf. If an employee fails to nominate a fund the default fund shall be NCSF.