Local Government Superannuation Scheme definition

Local Government Superannuation Scheme means the superannuation scheme established and maintained under the Local Government Act, 1999 and which currently operates under the name of Local Super.
Local Government Superannuation Scheme means the superannuation scheme established in 1984 under the Local Government Act 1934 (as amended) and as a result of the Local Government (Superannuation Scheme) Amendment Act 2008, from 1 January 2009 governed substantially by a stand-alone trust deed between the Local Government Superannuation Board (former Trustee) and Local Super Pty Ltd (new Trustee).
Local Government Superannuation Scheme means the superannuation scheme established and maintained under the Local Government Act 1999 SA and which is now operating under the name of Local Super SA-NT. CLAUSE 12 SALARY SACRIFICING 12.1 Subject to the following conditions, an employee may apply to Council to salary sacrifice any part of his/her salary to the limits of the Scheme, (including Award or Enterprise Agreement based salary), to make personal contributions to the Local Government Superannuation Scheme.

Examples of Local Government Superannuation Scheme in a sentence

  • Council is party to an Industry Defined Benefit Plan under the Local Government Superannuation Scheme, named The Local Government Superannuation Scheme – Pool B (the Scheme) which is a defined benefit plan that has been deemed to be a ‘multi-employer fund’ for purposes of AASB119 Employee Benefits for the following reasons: – Assets are not segregated within the sub-group according to the employees of each sponsoring employer.

  • Council is party to an Industry Defined Benefit Plan under the Local Government Superannuation Scheme, named the “Local Government Superannuation Scheme – Pool B” This Scheme has been deemed to be a “multi employer fund” for the purposes of AASB 119.

  • Where employees are members of the Local Government Superannuation Scheme, which is a defined benefit pension scheme this is disclosed.

  • The cost of salaries and wages in the accounts includes deductions in respect of pension contributions (including Widows and Orphans) benefits under the Local Government Superannuation Scheme and the Single Public Service Pension Scheme.The Single Public Service Pension Scheme (“Single Scheme”) commenced with effect from 1 January 2013.

  • The table below shows the capitalised value of payments made during the year to former employees under the conditions of the Local Government Superannuation Scheme.


More Definitions of Local Government Superannuation Scheme

Local Government Superannuation Scheme means the superannuation scheme established and maintained under the Local Government Act 1934 SA. "Superannuation Contributions" means: (1) Contributions that the Employer is required to pay under the terms of the rules governing the Local Government Superannuation Scheme; (2) Contributions which the Employer must pay to a superannuation fund in respect of the Employee in order to avoid the imposition of a superannuation guarantee charge under the Superannuation Guarantee (Administration) Act 1992;
Local Government Superannuation Scheme means any scheme or regulation made under the Local Government (Superannuation) Act 1980 (No. 8 of 1980) other than the Local Government (Superannuation) (Gratuities) Regulations, 1984 (as amended);
Local Government Superannuation Scheme means the superannuation scheme established and maintained under the Local Government Act, 1999. “Superannuation contributions” means:
Local Government Superannuation Scheme means the superannuation scheme established and maintained under the Local Government Act 1999 SA and which is now operating under the name of Statewide Super, will remain the default fund where employees do not advise of an alternative superannuation fund for receipt of contributions.
Local Government Superannuation Scheme means a scheme of superannuation or retirement benefits established by, or pursuant to, the Local Government and Other Authorities (Superannuation) Act, 1927;
Local Government Superannuation Scheme. “means the superannuation scheme established and maintained under the Local Government Act 1934 SA. R;\CityManagement\HR&Risk\Intranet\AWARDS\ENTERPRISE AGREEMENT\ASU (MOA) 2009\ASU EA 2009.doc
Local Government Superannuation Scheme means Statewide Super