Superannuation definition

Superannuation. , in relation to an employee, means the attainment by the employee of such age as is fixed in the contract or conditions of service, as the age on the attainment of which the employee shall vacate the employment:

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Superannuation is the compulsory Employer contribution governed by superannuation legislation, as varied from time to time, and placed into a complying superannuation fund by the Employer on behalf of the Employee. Superannuation is paid in addition to the Base Rate.

Superannuation means contributions made in accordance with the Superannuation Guarantee (Administration) Act 1992;

Examples of Superannuation in a sentence

• The Parties acknowledge that the Civil Service Compensation Scheme and the Civil Service Injury Benefit Scheme (established pursuant to section 1 of the Superannuation Act 1972) are not covered by the protection of New Fair Deal.

• The parties agree that application shall be made to the Commissioner of Municipal Superannuation for approval of the Long Term Disability Plan whereby the period of disability will be considered as "Service" and will be approved for purposes of an indexed pension at maximum retirement age without Superannuation contributions, pursuant to the Pension (Municipal) Act.

• For clarity Employees covered by this Agreement will not have a reduction in take home pay because of changes to the legislated Superannuation Guarantee.

• Auto & General will make employer superannuation contributions in accordance with the Superannuation Guarantee (Administration) Act 1992 (Cth) and clause 19.2 of the Award as amended or replaced from time to time.

• Superannuation Guarantee Contributions will be paid in respect to each hour worked which is paid at ordinary time (including all hours which are additional to contracted hours and all paid leave, including paid parental leave).

More Definitions of Superannuation

Superannuation means a system under Australian law where by employers are required to make contributions to an approved fund in order to provide for the employee’s retirement, or at the death of this employee;

Superannuation in relation to an employee, means the attainment by the employee of the age of superannuation as per notified Rules of the Corporation and as per the terms of employment applicable to him. In case of Functional Directors and CMD, it will mean the date till when their contract of employment is valid / in force.

Superannuation means all contributions to a complying superannuation fund, and includes (without limitation) any superannuation contributions required to be made under the Superannuation Guarantee (Administration) Act 1992 (Cth), and any additional superannuation contributions made by way of salary sacrifice.

Superannuation means where a Participant’s employment with the Company is terminated due to his/her death, serious disability or serious incapacity;

Superannuation means termination of the services of an employee by the employer when the employee reaches the age of sixty years or such other age, if any, fixed in the contract of service;

Superannuation means the retirement of an employee after the attainment of such age as prescribed by the Statutory Authority.

Superannuation means contributions made in accordance with the