Common use of Choice of Funds Clause in Contracts

Choice of Funds. 24.1.1 All employees shall have their choice of superannuation funds. Statewide Super will remain the default fund where employees do not advise an alternative superannuation fund for receipt of contributions. 24.1.2 All new employees will be provided with a standard choice form to enable them to select a fund in accordance with relevant superannuation legislation. For any new employee who does not provide a choice form within an appropriate period, as determined by the employer, all contributions will be paid to Statewide Super. 24.1.3 Employees may only change their choice of fund once every 12 months.

Appears in 1 contract

Samples: Enterprise Agreement

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Choice of Funds. 24.1.1 28.1.1 All employees shall have their choice of superannuation funds. Statewide Super will remain the default fund where employees do not advise an alternative superannuation fund for receipt of contributions. 24.1.2 28.1.2 All new employees will be provided with a standard choice form to enable them to select a fund in accordance with relevant superannuation legislation. For any new employee employees who does do not provide a choice form within an appropriate period, as determined by the employer, all contributions will be paid to Statewide Super. 24.1.3 28.1.3 Employees may only change their choice of fund once every 12 months.

Appears in 1 contract

Samples: Enterprise Agreement

Choice of Funds. 24.1.1 28.1.1 All employees shall have their choice of superannuation funds. Statewide Super will remain the default fund where employees do not advise an alternative superannuation fund for receipt of contributions. 24.1.2 28.1.2 All new employees will be provided with a standard choice form to enable them to select a recognised industry fund in accordance with relevant superannuation legislation. For any new employee who does not provide a choice form within an appropriate period, as determined by the employer, all contributions will be paid to Statewide Super. 24.1.3 28.1.3 Employees may only change their choice of fund once every 12 months.

Appears in 1 contract

Samples: Enterprise Bargaining Agreement

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Choice of Funds. 24.1.1 25.1.1 All employees shall have their choice of superannuation funds. Statewide Super will remain the default fund where employees do not advise an alternative superannuation fund for receipt of contributions. 24.1.2 All new employees will be provided with a standard choice form to enable them to select a fund in accordance with relevant superannuation legislation. For any new employee who does not provide a choice form within an appropriate period, as determined by the employer, all contributions will be paid to Statewide Super. 24.1.3 Employees may only change their choice of fund once every 12 months.

Appears in 1 contract

Samples: Enterprise Agreement

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