Superannuation legislation Clause Examples

Superannuation legislation. The subject of superannuation is dealt with extensively by federal legislation including the Superannuation Guarantee (Administration) Act 1992, The Superannuation Guarantee Charge Act 1992, the Superannuation Industry (Supervision) Act 1993, and the Superannuation (Resolution of Complaints) Act 1993. This legislation, as varied from time to time, shall govern the superannuation rights and obligations of the parties.

Superannuation legislation. (a) Superannuation legislation, including the Superannuation Guarantee (Administration) Act 1992 (Cth), the Superannuation Guarantee Charge Act 1992 (Cth), the Superannuation Industry (Supervision) Act 1993 (Cth) and the Superannuation (Resolution of Complaints) Act 1993 (Cth), deals with the superannuation rights and obligations of employers and employees. Under superannuation legislation individual employees generally have the opportunity to choose their own superannuation fund. If an employee does not choose a superannuation fund, any superannuation fund nominated in the Agreement covering the employee applies. (b) The rights and obligations in these clauses supplement those in superannuation legislation.

Superannuation legislation. (a) Superannuation legislation, including the Superannuation Guarantee (Administration) ▇▇▇ ▇▇▇▇ (Cth), the Superannuation Guarantee Charge ▇▇▇ ▇▇▇▇ (Cth), the Superannuation Industry (Supervision) ▇▇▇ ▇▇▇▇ (Cth) and the Superannuation (Resolution of Complaints) ▇▇▇ ▇▇▇▇ (Cth), deals with the superannuation rights and obligations of employers and employees. Under superannuation legislation individual employees generally have the opportunity to choose their own superannuation fund. If an employee does not choose a superannuation fund, any superannuation fund nominated in the agreement covering the employee applies. (b) The rights and obligations in these clauses supplement those in superannuation legislation.

Superannuation legislation. (a) Superannuation legislation, including the Superannuation Guarantee (Administration) Act 1992 (Cth), the Superannuation Guarantee Charge Act 1992 (Cth), the Superannuation Industry (Supervision) Act 1993 (Cth) and the Superannuation (Resolution of Complaints) Act 1993 (Cth), deals with the superannuation rights and obligations of employers and employees. Under superannuation legislation, individual Employees generally have the opportunity to choose their own superannuation fund. If an Employee does not choose a superannuation fund, any superannuation fund selected by the Employer applies. (b) The rights and obligations in these clauses supplement those in superannuation legislation.

Superannuation legislation. (a) The NES and superannuation legislation, including the Superannuation Guarantee (Administration) Act 1992 (Cth), the Superannuation Guarantee Charge Act 1992 (Cth), the Superannuation Industry (Supervision) Act 1993 (Cth) and the Superannuation (Resolution of Complaints) Act 1993 (Cth), deal with the superannuation rights and obligations of employers and employees. (b) The rights and obligations in this clause supplement those in superannuation legislation and the NES. Note: Under superannuation legislation: (a) Individual employees generally have the opportunity to choose their own superannuation fund. (b) If a new employee does not choose a superannuation fund, the employer must ask the Australian Taxation Office (ATO) whether the employee is an existing member of a stapled superannuation fund and, if stapled fund details are provided by the ATO, make contributions to the stapled fund. (c) If an employee does not choose a superannuation fund and does not have a stapled fund, the choice of superannuation fund requirements will be satisfied by contributions made to a superannuation fund nominated in this clause provided the fund is able to accept contributions for the benefit of the employee. (d) A fund may not be able to accept contributions for the benefit of an employee if the employee would be a new member of the fund’s MySuper product and the MySuper product is closed to new members because it has failed the performance tests of the Australian Prudential regulation Authority (APRA) for 2 consecutive years.

Superannuation legislation. 4.7.1(a) Superannuation legislation, including the Superannuation Guarantee (Administration) Act 1992 (Cth), the Superannuation Guarantee Charge Act 1992 (Cth), the Superannuation Industry (Supervision) Act 1993 (Cth) and the Superannuation (Resolution of Complaints) Act 1993 (Cth), deals with the superannuation rights and obligations of employers and employees. Under superannuation legislation individual employees generally have the opportunity to choose their own superannuation fund. If an employee does not choose a superannuation fund, any superannuation fund nominated in the Agreement applies. 4.7.1(b) The rights and obligations in these clauses supplement those in superannuation legislation.

Superannuation legislation. 16.1.1 Superannuation legislation, including the Superannuation Guarantee (Administration) Act 1992 (Cth), the Superannuation Guarantee Charge Act 1992 (Cth), the Superannuation Industry (Supervision) Act 1993 (Cth) and the Superannuation (Resolution of Complaints) Act 1993 (Cth), deals with the superannuation rights and obligations of employers and employees. Under superannuation legislation individual Employees generally have the opportunity to choose their own superannuation fund. If an Employee does not choose a superannuation fund, any superannuation fund nominated in clause 16.4 applies. 16.1.2 The rights and obligations in these clauses supplement those in superannuation legislation.

Superannuation legislation. (a) The subject of superannuation is dealt with extensively by federal legislation which prescribes the obligations and entitlements regarding superannuation. This clause 35 is ancillary to and supplements those provisions. (b) EACH will make superannuation contributions on behalf of an Employee to any of the following superannuation Funds nominated by an Employee: (i) HESTA; (ii) Aware Super; (iii) any other Industry Superannuation Fund. Industry Superannuation Fund means a complying superannuation fund, as defined in the Superannuation Industry (Supervision) Act 1993 (Cth), that: (A) has twenty or more participating Employers; (B) excluding any independent directors, provides for half of the trustee board to be comprised of Employee representatives and/or nominated by one or more trade unions and half of the trustee board to be comprised of representatives of participating Employers; and (C) operates on a “not for profit” basis; or (iv) where relevant superannuation legislation requires choice of (c) Upon commencement of employment, EACH will provide the membership forms for the funds at sub-clauses 35.1(b)(i) and (ii) and where completed will forward the completed membership forms to the Employee’s choice of fund within 28 days of receipt. (d) If the Employee does not nominate a fund, EACH will pay the Employee's superannuation contributions to Aware Super while it provides a “MySuper” product as defined by the Act, or where required by superannuation legislation to the Employee’s stapled superannuation fund. (e) Subject to the terms of the relevant trust deed of the superannuation fund, an Employee may make additional contributions to their chosen superannuation fund and upon receiving written authorisation from the Employee, EACH will deduct such contributions from an Employee's salary and will forward such contributions to the chosen fund. (f) An Employee may sacrifice part of their salary as an Employer contribution to superannuation. Where this occurs, the Superannuation Guarantee Charge (SGC) contribution by EACH will be calculated on the Employee’s pre-salary sacrifice rate of pay. (g) Where pursuant to clause 36 of this Agreement, an Employee packages part of their salary, the Employee’s SGC contribution will be calculated on the pre- packaged rate of pay.

Superannuation legislation. (i) Superannuation legislation, including the Superannuation Guarantee (Administration) Act 1992 (Cth), the Superannuation Guarantee Charge Act 1992 (Cth), the Superannuation Industry (Supervision) Act 1993 (Cth) and the Superannuation (Resolution of Complaints) Act 1993 (Cth), deals with the superannuation rights and obligations of employers and employees. Under superannuation legislation individual employees generally have the opportunity to choose their own superannuation fund. If an employee does not choose a superannuation fund, any superannuation fund nominated in the Agreement. (ii) The rights and obligations in these clauses supplement those in superannuation legislation. (iii) These rights and obligations are extended to all employees regardless of age.