Local Government Superannuation Scheme definition

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) which is now operating under the name of Local Super SA NT.
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. The amount of employer superannuation contributions means;

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 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 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 the superannuation scheme
Local Government Superannuation Scheme means the superannuation scheme established and maintained under the Local Government Act, 1999.
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 the superannuation scheme established and maintained under the Local Government Act 1999 and which currently operates under the name of Local Super. The Council shall pay to Statewide Super an amount of employer superannuation contribution (in respect of each qualifying employee) as required under the Superannuation Guarantee (Administration) Act 1992 as amended. For the purposes of this clause employer and employee contributions shall be made in accordance with the Statewide Super rules. The term salary in this clause means “salary” as defined under Statewide Super rules. In processing application(s) by employees to job share, Council will take into account the following factors: • The nature of the position, classification and specialisation of the position and its overall suitability for job share; • The need to provide and maintain a high level of customer service; • The need to provide a high level of work continuity within the position; • The need to maintain appropriate levels of accountability for all employees; • The effect on the section/department and overall resources of Council; • Any additional costs that might be incurred by Council and any additional benefits that might be gained by Council as a consequence of implementing the job share arrangement. Where existing employees seek to enter into a job share arrangement, a written agreement shall be developed for acceptance by the employee and the CEO. City of Mount Gambier AWU Enterprise Agreement #9 of 2015
Local Government Superannuation Scheme means Statewide Super