Superannuation Scheme Sample Clauses

Superannuation Scheme. Borrower administers a defined benefit superannuation fund (as described in the Superannuation Industry (Supervision) Act 0000 (xxe "SIS Act") and Parent, Borrower and their Subsidiaries liabilities under such fund do not in the aggregate exceed $25,000,000.
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Superannuation Scheme. Superannuation contributions for or by the Executive will be paid to a superannuation fund nominated by the Executive.
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Superannuation Scheme. It is a term of this agreement that the company will pay a minimum of the following contributions into a superannuation fund as nominated by the employee. The Company’s default fund is the Construction and Building Industry Superannuation Scheme (C+BUS). • Upon certification of this agreement the Company shall make contributions for all tradesmen, labourers & trades assistants at the rate as listed in Appendix ‘C’ of this agreement or the contribution as required by the Superannuation Guarantees Xxxx. • The relevant proportion for the apprentices as required by the Superannuation Guarantees Levy. • All superannuation contributions will be paid in accordance with the trust deed.
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Superannuation Scheme. 29 SECTION 3.5 Regulation U................................................................ 29 SECTION 3.6 Taxes....................................................................... 29 SECTION 3.7
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Superannuation Scheme. Superannuation contributions for or by the Executive will be paid to a superannuation fund nominated by the Executive. If the Executive does not nominate a fund, the Company will check the Australian Taxation Office records for the Executive’s most recently selected superannuation fund (known as a “stapled fund”) and superannuation contributions will be paid into that fund if permitted, until the Executive nominates otherwise. If the Executive does not nominate a fund, and there is no stapled fund, superannuation contributions will be paid to an eligible choice fund nominated by the Company.
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Related to Superannuation Scheme

  • 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 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:

  • 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.

  • Financial Services Compensation Scheme We are a participant in the Financial Services Compensation Scheme (the “FSCS”). As a retail client you may be eligible to claim compensation from the FSCS in certain circumstances if we, any approved bank, our nominee company or eligible custodian are in default. Most types of investment business are covered in full for the first £85,000 of any eligible claim. Not every investor is eligible to claim under this scheme: for further information please contact us, or the FSCS directly at xxx.xxxx.xxx.xx.

  • Standard Company Benefits Executive shall be entitled to participate in all employee benefit programs for which Executive is eligible under the terms and conditions of the benefit plans that may be in effect from time to time and provided by the Company to its employees. The Company reserves the right to cancel or change the benefit plans or programs it offers to its employees at any time.

  • HEALTH & WELFARE 16:1 The parties signatory hereto shall enter into a Health and Welfare Plan for which there is a Trust Agreement, known as the Line Construction Benefit Fund, for the purpose of providing insurance benefits for eligible employees and/or their dependents. Effective the first of the month following the signature date of this Agreement, the Employer shall pay to the Line Construction Benefit Fund the sum of $6.50 for each hour worked. Hours worked shall be deemed to include straight-time hours worked, overtime hours worked, and report time not worked. Remittance shall be forwarded to the place designated by the parties hereto on or before the fifteenth (15th) day of each month for each hour worked in weekly payroll periods ending during the preceding month, together with a monthly payroll report on a form to be furnished to the Employer. It is understood and intended by the parties to this Agreement that the purpose of this clause is to establish an Employer financed Health and Welfare Trust and that contributions thereto shall not be deemed to be wages to which any employee shall have any right other than the right to have such contributions paid over to the Trust fund in accordance herewith. Failure of an individual Employer to make all payments provided for, including liquidated damages for late payments, within the time specified, shall be a breach of this Agreement and will further require action by the Trustees as set forth in the Trust Agreement. Any increase in the required contributions set forth above will be paid equally (50% by the Employer and 50% by the Employee). The amount paid by the Employee will come from their NEAP contribution.

  • Health and Welfare Benefits (Article 17 applies to full-time nurses only)

  • HEALTH AND WELFARE 36.01 Health and welfare benefits shall be as contained in Appendix "A" of this Agreement and shall form part of this Agreement.

  • Health & Welfare Benefits Executive shall be eligible to participate in all health and welfare benefits provided generally to other employees of the Company.

  • Health and Welfare Benefit Plans During the Employment Period, Executive and Executive’s immediate family shall be entitled to participate in such health and welfare benefit plans as the Employer shall maintain from time to time for the benefit of senior executive officers of the Employer and their families, on the terms and subject to the conditions set forth in such plan. Nothing in this Section shall limit the Employer’s right to change or modify or terminate any benefit plan or program as it sees fit from time to time in the normal course of business so long as it does so for all senior executives of the Employer.

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