Superannuation Salary Sacrifice. 6.5.1 An Employee may with the Employer’s agreement elect to have some of Their before tax wage (“Sacrificed Amount”) paid into a fund nominated in Clause 6.4. The fund must be capable of accepting the Sacrificed Amount.
Superannuation Salary Sacrifice. 1. From the date nominated by Dairy Farmers as the date of commencement and subject to any relevant taxation and superannuation legislation, regulations and/or rules, Dairy Farmers may, if so requested by a weekly full-time or weekly part-time employee ("employee"), agree to allow an employee to sacrifice part of their gross weekly ordinary time base rate of pay (excluding overtime, shift/weekend/public holiday penalties and any allowances which are not paid for all purposes) ("weekly pay") as superannuation contributions ("Salary Sacrifice contributions") in accordance with the following provisions:
Superannuation Salary Sacrifice. (a) From 1 January 2000, employees may elect to make their superannuation contributions from their “before tax” wage rate. This arrangement is known as “Superannuation Salary Sacrifice”.
Superannuation Salary Sacrifice. An Employee may with the Company’s Agreement elect to have some of his/her before tax wage (‘Sacrificed Amount’) paid into a fund nominated in clause 3.1. The fund must be eligible to accept the Sacrificed Amount. The Sacrificed Xxxxxx nominated in this clause must not exceed that permitted by relevant tax or superannuation legislation and will be agreed in writing in accordance with Company policy. An Employee will continue to be entitled to the following benefits based on his/her wage and in accordance with this Agreement before the Sacrificed Amount is deducted:
Superannuation Salary Sacrifice. 27.7.1 From 1 July 2002, employees may elect to make their superannuation contributions from their "before tax" wage. This arrangement is known as "Superannuation Salary Sacrifice".
Superannuation Salary Sacrifice. 5.5.1 Subject to the following conditions and to Australian taxation laws and rulings applying from time to time, an employee may apply to the Company to salary sacrifice part of his or her remuneration into the fund nominated by the employee in Clause 5.4.
Superannuation Salary Sacrifice. An employee and the company may agree for the employee to make additional superannuation contributions, from the employee’s base rate of pay of this Agreement(excluding additional payments or penalties), pursuant to a salary sacrifice arrangement. The superannuation salary sacrifice will be facilitated in accordance with the Company’s policies and will satisfy the company’s obligations to pay wages in accordance with this Agreement. The ability for an employee to salary sacrifice under this clause is subject to: • its provision remaining cost neutral to the Company; and • the arrangement being consistent with relevant tax and superannuation legislation, practice and rulings.
Superannuation Salary Sacrifice. (a) Remuneration as detailed in this agreement may be made up entirely of wages or, at the option of an employee (other than a casual employee) and subject to the employers agreement, wages and a superannuation contribution to the CSR Australian Superannuation Fund (ADD "or the Xxxxxx PGH Superannuation Fund if relevant). Wages and Superannuation are the two components which eill make up remuneration. The sum allocated to aech component will be negotiated initially between the employer and the employee and thereafter renegotiated in accordance with this clause.
Superannuation Salary Sacrifice. 19.3.1 From the date of lodgement of this Agreement and subject to the following conditions and the Australian Tax Laws applicable from time to time, an Employee may apply once per annum to the Employer to salary sacrifice part of their salary (including Agreement based salary/wages) to the occupational superannuation fund of which that employee is a member.
Superannuation Salary Sacrifice. An employee may direct the Company to pay a portion of the employee’s wages into REST for the benefit of the employee, subject to the amounts prescribed in the Australian Tax Office aged-based employer tax deduction limits. Any amount paid in accordance with such direction is deemed to be paid in satisfaction with the employer’s obligation to pay the wages set out in Appendix A of this Agreement. Accordingly no breach of this Agreement will occur if the actual wages paid to the employee fall below the rates set by this Agreement solely because of the employer paying additional superannuation contributions under this clause. Where an employee elects to salary sacrifice, company superannuation contributions will be based on the employee’s pre-sacrifice wage. All employee entitlements, benefits and accruals are based on the employee’s pre-sacrifice wage. All employees participating in the salary sacrifice provisions of this sub clause will receive written confirmation of all relevant information, including the gross wage rates, net wage rates and any other payments affected by this arrangement. Employees will be provided in writing documentation of any changes or adjustments to this arrangement. An employee may choose to vary the amount of their contribution at 3 monthly intervals.
