Common use of Calculation of Superannuation Contributions Clause in Contracts

Calculation of Superannuation Contributions. For the purposes of clause 12.1, the School will contribute the charge percentage (as defined in the SGAA) of the notional earnings base for a quarter (as defined in the SGAA) ('Quarter') being the Teacher's 'basic earnings' as defined below. For the purposes of this clause, ‘basic earnings’ shall mean in respect of any Quarter: (i) the minimum annual rate of salary prescribed from time to time for the Teacher by clause 7.4 for any Quarter; and (ii) the amount of any: (A) allowance prescribed from time to time for the Teacher by clause 8 or Schedule 2 – Particular Conditions of Teachers employed in Pre-Schools and other Early Childhood Services or Schedule 3 (B) pro-rata payment for non-term time made to the Teacher pursuant to clause 17; (C) any other payment defined as “Ordinary Time Earnings” in the SGAA. up to the maximum contribution base, as defined in the SGAA, in respect of any Quarter.

Appears in 8 contracts

Samples: Multi Enterprise Agreement, Multi Enterprise Agreement, Multi Enterprise Agreement

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Calculation of Superannuation Contributions. For the purposes of clause 12.1, the School will contribute the charge percentage (as defined in the SGAA) of the notional earnings base for a quarter (as defined in the SGAA) ('Quarter') being the Teacher's 'basic earnings' as defined below. For the purposes of this clause, 'basic earnings' shall mean in respect of any Quarter: (i) the minimum annual rate of salary prescribed from time to time for the Teacher by clause 7.4 7.5 for any Quarter; and (ii) the amount of any: (A) allowance prescribed from time to time for the Teacher by clause 8 or Schedule 2 – Particular Conditions of Teachers employed in Pre-Schools and other Early Childhood Services or Schedule 33 – Particular Conditions of Teachers employed in Pre-Schools in the ACT; (B) pro-rata payment for non-term time made to the Teacher pursuant to clause 17; (C) any other payment defined as “Ordinary Time Earnings” in the SGAA. up to the maximum contribution base, as defined in the SGAA, in respect of any Quarter.

Appears in 2 contracts

Samples: Multi Enterprise Agreement, Multi Enterprise Agreement

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Calculation of Superannuation Contributions. For the purposes of clause 12.1, the School will contribute the charge percentage (as defined in the SGAA) of the notional earnings base for a quarter (as defined in the SGAA) ('Quarter') being the Teacher's 'basic earnings' as defined below. . (a) For the purposes of this clause, 'basic earnings' shall mean in respect of any Quarter: (i) : the minimum annual rate of salary prescribed from time to time for the Teacher by clause 7.4 for any Quarter; and (ii) and the amount of any: (Aa) allowance prescribed from time to time for the Teacher by clause 8 or Schedule 2 – Particular Conditions of Teachers employed in Pre-Schools and other Early Childhood Services or Schedule 33 – Particular Conditions of Teachers employed in Pre-Schools in the ACT; (Bb) pro-rata payment for non-term time made to the Teacher pursuant to clause 17; (Cc) any other payment defined as “Ordinary Time Earnings” Earnings in the SGAA. . (d) up to the maximum contribution base, as defined in the SGAA, in respect of any Quarter.

Appears in 1 contract

Samples: Multi Enterprise Agreement

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