Examples of Superannuation Scheme in a sentence
The Company will pay superannuation contributions into either the NESS Superannuation Scheme, XXXX or the C+BUS Superannuation Fund for each employee.
For other superannuation schemes (i.e. State Superannuation Scheme and State Authorities Superannuation Scheme), the expense is calculated as a multiple of the employees’ superannuation contributions.
This post is superannuable and you will be subject to the NHS Superannuation Scheme unless you chose to opt out.
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.
The maximum retirement age under this scheme will be age 70.The person appointed will be required to join the relevant Superannuation Scheme and will be required to contribute to the employing authority at the appropriate rate of gross annual superannuable remuneration as determined by the Minister responsible for the Scheme.Pension benefits made to part-time staff will be on a pro-rata basis.