Default Superannuation Fund a. If no choice of Superannuation Fund is made by an employee within 28 days of commencement of employment, then ARV will select the HESTA Fund as the default Fund for statutory Superannuation Fund payments.
Default Superannuation Fund. 11.2.1 An Employee may choose a superannuation fund in accordance with the Superannuation Guarantee (Administration) Act 1992 (Cth) requirements. If an Employee does not choose a superannuation fund within 30 days of the commencement of their Employment, Tassal will request the new employee’s stapled fund from the Australian Taxation Office to pay the employer superannuation contributions owing to the employee. If there is no stapled fund, then Tassal will pay owing employer super contributions into a default fund.
Default Superannuation Fund. Each Employee shall have the right to choose a complying superannuation fund. If an Employee does not nominate a complying superannuation fund within one month of the commencement of employment, Discovery must make the prescribed superannuation contributions to the HESTA superannuation fund (“HESTA”), or any successor to that fund. HESTA provides a MySuper product.
