Australian Super Clause Samples
Australian Super. Employees enrolled in the default funds retain the right to change funds in accordance with clause
Australian Super. 22.1. If a new employee does not choose their own superannuation fund, contributions will be made on their behalf to their stapled superannuation fund as notified to the Company by the ATO in accordance with the applicable legislation (Stapled Fund) if they have one. If a new employee does not have a Stapled Fund, contributions will be made on their behalf to Australian Super.
22.2. An employee may authorise the company to divert a specified component of their pre-taxed ordinary time wage earnings, as an additional superannuation contribution, into their nominated superannuation fund, in accordance with Australian taxation laws.
22.3. Superannuation contributions are payable whilst an employee is on any paid leave, or the employee is receiving workers compensation payments for a work related injury, or illness, for the period of the absence from work, as prescribed in the relevant legislation or award.
Australian Super. An approved Fund of their choice as an alternative to the Company’s default Australian Super fund
Australian Super. In the event that the Employee has not nominated a superannuation fund and completed an application form within 28 days, the Employer shall forward contributions and Employee details to Australian Super.