Redundancy Fund definition

Redundancy Fund means an approved employee entitlement fund such as the Contracting Industry Redundancy Trust (Queensland);
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Redundancy Fund means an approved employee entitlement fund such as the Contracting Industry Redundancy Trust(Queensland);
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Redundancy Fund means the Redundancy Fund established under the provisions of the Republican law;
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Examples of Redundancy Fund in a sentence

  • The Employer is, and will remain during the life of this Agreement, a participating employer in the Nominated Redundancy Fund (or other redundancy fund of which Incolink is a trustee) and an employer member of IPT Agency Co Ltd or IPT Agency Co (No. 2) Ltd.

  • The Employer shall make contributions into the Protect Redundancy Fund on behalf of all Employees (other than apprentices) covered by this clause at the rate specified in Part A, clause 19.6(a)(vi).

  • Payments made into the Redundancy Fund designed to meet an employer’s liabilities under this clause to employees eligible for redundancy/severance pay will be offset against the liability of the employer under Clause 37.4.6, and the employee will receive the fund payment or his entitlement under clause 37.4.6 whichever is the greater, but not both.

  • Payments made into the Redundancy Fund designed to meet an employer’s liabilities under this clause to employees eligible for redundancy/severance pay will be offset against the liability of the employer under Clause 36.4.6, and the employee will receive the fund payment or his entitlement under clause 36.4.6 whichever is the greater, but not both.

  • The Employer shall make contributions into the Protect Redundancy Fund on behalf of all employees (other than apprentices) covered by this clause at the rate specified in Part A, clause 19.6(a)(vi).

  • In lieu of Award termination and redundancy payments, the employer shall contribute into ACIRT, MERT or an Occupational Redundancy Fund approved by the parties, $90.00 per week per employee, in respect of each completed week of employment at the construction site.

  • From the first pay period commencing on or after 1 October 2006, this amount shall increase to $19.00 per day ‘flat’ for all ordinary hours worked to a maximum of 36 hours per week and from the first pay period commencing on or after 1 October 2007, this amount shall increase to $20.00 per day ‘flat’ for all ordinary hours worked to a maximum of 36 hours per week,, in lieu of the required contributions on behalf of employees into ACIRT, MERT or an Occupational Redundancy Fund approved by the parties.

  • An employee engaged on-site from time to time for less than a completed week of employment shall be paid $18.00 per day hour ‘flat’ for all ordinary hours worked to a maximum of thirty six (36) ordinary hours per week, in lieu of the required contributions on behalf of employees into ACIRT, MERT or an Occupational Redundancy Fund approved by the parties.

  • The Nominated Redundancy Fund will be ReddiFund Ltd, unless an Employee nominates another fund by an application in writing to the Employer and it is an Approved Worker Entitlement Fund under the Fringe Benefits Tax Assessment Act 1986 (Cth).

  • In lieu of award termination and redundancy payments otherwise payable, employers shall contribute into ACIRT, MERT or an Occupational Redundancy Fund approved by the parties, $75.00 per week per employee, in respect of each completed week of employment at the construction site.


More Definitions of Redundancy Fund

Redundancy Fund means the fund referred to in section 103; " redundancy payment" has the meaning given by section 81(1); " redundancy rebate" has the meaning given by section 104;
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Related to Redundancy Fund

  • Societal benefits charge means a charge imposed by an electric

  • Affected Employees means those employees who are exposed to the hazard(s) identified as a violation(s) in a citation.

  • Program fund means the program fund established under section 12D.4.

  • Pharmacy benefits management means the administration or management of prescription drug

  • Pharmacy benefits manager means a person that performs pharmacy benefits management.

  • Settlement Fund means the Settlement Amount plus any and all interest earned thereon.

  • Building Energy Benchmarking means the process of measuring a building’s Energy use, tracking that use over time, and comparing performance to similar buildings.

  • Employee Contribution means any contribution made to the Plan by or on behalf of a Participant that is included in the Participant's gross income in the year in which made and that is maintained under a separate account to which earnings and losses are allocated.

  • Enterprise Fund means the enterprise fund of the Recipient in which Revenues are deposited.

  • Provident Fund means any fund (other than a pension fund, benefit fund or retirement annuity fund) which is approved by the Minister in respect of the year of assessment in question: Provided that the Minister may approve a fund subject to such limitations or conditions as he or she may determine, and shall not approve a fund in respect of any year of assessment unless he or she is in respect of that year of assessment satisfied -

  • Infrastructure fund means the renewable fuel infrastructure fund created in section 159A.16.

  • Gap medical benefits means the benefits (if any) payable in respect of medical expenses that are less than, greater than or equal to the schedule fee, provided always that the medical expenses relate to a professional service that:

  • Affected employee means an employee who would be affected by the grant or denial of a variance, or any one of the employee’s authorized representatives, such as the collective bargaining agent.

  • Resource Adequacy Benefits means the rights and privileges attached to the Generating Facility that satisfy any Person’s resource adequacy obligations, as those obligations are set forth in any Resource Adequacy Rulings and shall include any local, zonal or otherwise locational attributes associated with the Generating Facility.

  • Payment Fund has the meaning set forth in Section 2.02(a).

  • Extended school year services means special education and related services that are provided to a child with a disability and meet the standards of the State of Wisconsin. These services are provided beyond the normal school year of the local educational agency, in accordance with the individualized education program (IEP), and at no cost to the parents of the child.

  • Recoverable Incentive Compensation means Incentive Compensation received by a Covered Officer during the Lookback Period that exceeds the amount of Incentive Compensation that would have been received had such amount been determined based on the Accounting Restatement, computed without regard to any taxes paid (i.e., on a gross basis without regard to tax withholdings and other deductions). For any compensation plans or programs that take into account Incentive Compensation, the amount of Recoverable Incentive Compensation for purposes of this Policy shall include, without limitation, the amount contributed to any notional account based on Recoverable Incentive Compensation and any earnings to date on that notional amount. For any Incentive Compensation that is based on stock price or TSR, where the Recoverable Incentive Compensation is not subject to mathematical recalculation directly from the information in an Accounting Restatement, the Administrator will determine the amount of Recoverable Incentive Compensation based on a reasonable estimate of the effect of the Accounting Restatement on the stock price or TSR upon which the Incentive Compensation was received. The Company shall maintain documentation of the determination of that reasonable estimate and provide such documentation to the Exchange in accordance with the Listing Standards.

  • Retirement fund means the "Washington law enforcement

  • Pharmacy benefit manager means a person, business or other

  • Master Servicing Compensation The meaning specified in Section 3.14.

  • Claims Administration means the processing of claims made under the Shared Policies, including, without limitation, the reporting of claims to the insurance carriers and the management of the defense of claims.

  • Compensatory mitigation means types of mitigation used to replace project-induced critical area and buffer losses or impacts.

  • income-related employment and support allowance means an income-related allowance under Part 1 of the Welfare Reform Act 2007;

  • Service Control Point (SCP) is the node in the common channel signaling network that accepts Queries for certain Database services. The SCP is a real time database system that receives Queries from service platforms, performs subscriber or application-specific service logic, and then sends a Response back to the Query-originating platform. Such service platforms can be Service Switching Points (SSPs) or other network nodes capable of properly formatting and launching Queries.

  • Cafeteria plan means a written plan under which all participants are employees, and the participants may choose among two or more benefits consisting of cash and qualified benefits.