Employer Superannuation Contributions Sample Clauses

Employer Superannuation Contributions. 12.1 AgriFutures will make compulsory employer contributions as required by the applicable legislation and fund requirements. 12.2 Where employer contributions are to an accumulation superannuation fund, the employer contribution will be 15.4% of the fortnightly superannuation contribution salary. This will not be reduced by any other contributions made through salary sacrifice arrangements. This clause does not apply where a superannuation fund cannot accept employer superannuation contributions. 12.3 Employer superannuation contributions will not be paid on behalf of employees during periods of unpaid leave except: a. where prescribed by legislation; or b. in the case of birth-related leave, during periods of paid or unpaid parental leave taken in the first 12 months after the birth of the child; or c. in the case of adoption-related leave, during periods of paid or unpaid parental leave up to 12 months after the day of placement, (as defined in the Fair Work Act 2009).
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Employer Superannuation Contributions. The department will make compulsory employer contributions as required by the applicable legislation and fund requirements. Where employer contributions are to an accumulation superannuation fund, the employer contribution will be 15.4% of the fortnightly superannuation contribution salary (or ordinary time earnings). This will not be reduced by any other contributions made through salary sacrifice arrangements. This clause does not apply where a superannuation fund cannot accept employer superannuation contributions (e.g. unable to accept contributions for people aged over 75). Employer superannuation contributions will not be paid on behalf of employees during periods of unpaid leave that does not count as service, except: where required under legislation, and/or during periods of unpaid Maternity/Parental Leave. The Secretary may choose to limit superannuation choice to complying superannuation funds that allow employee and/or employer contributions to be paid through fortnightly electronic funds transfer. In the event of changes to superannuation legislation during the life of this Agreement that requires changes to superannuation arrangements or entitlements, the implementation of the changes will be discussed through the National Employee Consultative Committee (NECC). Where an employee is aged 70 years or older and the department is not permitted by any Commonwealth law to pay all of an employer contribution to the employee’s superannuation fund in respect of the employee, the Secretary may consider supplementing the employee’s remuneration in accordance with Clause 19. The department will provide information for employees on superannuation matters through seminars and other means. These seminars will be provided by a suitably accredited organisation at no cost to the department.
Employer Superannuation Contributions. 20 Expeditioner Antarctic Medical Practitioners.....15
Employer Superannuation Contributions. Employees who under the provisions of this clause have qualified for and take paid parental/adoption leave as outlined in this Agreement shall have their superannuation payments continued to be paid by Council for the period of such leave.
Employer Superannuation Contributions. 4.9.1 Employer funded superannuation contributions based on ordinary time earnings will made in accordance with the relevant Federal legislation into a fund nominated by the Employee that complies with the relevant Federal legislation as prescribed at clause 4.9.2. 4.9.2 Employees are to elect for these contributions to be paid into one of the following funds by completing the proforma available on request from the Accountant. Choice of superannuation fund can only be made once every 12 months. 4.9.2.1 AustralianSuper 4.9.2.2 MLC MasterKey Business Super (The Universal Super Scheme) 4.9.2.3 Labour Union Cooperative Retirement Fund 4.9.3 If an Employee chooses not to make an election, or pending receipt of their election, the Company will contribute to AustralianSuper.
Employer Superannuation Contributions. This Agreement has Employer Superannuation contributions at 10% of Annualised Salary as defined in 3.3, plus 10% on all additional annualised allowances as defined in
Employer Superannuation Contributions. 3.4.1 The Agency will make compulsory employer superannuation contributions as required by the applicable legislation and fund requirements. Employer contributions to the PSSap will be made in line with the Superannuation (PSSAP) Trust Deed, currently set at 15.4% of the employee’s Fortnightly Contribution Salary (FCS). Employer contributions for employees in other accumulation schemes will be the same as for employees in PSSap. 3.4.2 Employer superannuation contributions will not be paid on behalf of employees during periods of unpaid leave that does not count as service, unless otherwise required under legislation. 3.4.3 The CEO may choose to limit superannuation choice to complying superannuation funds that allow employee and/or employer contributions to be paid through fortnightly electronic funds transfer using a file generated by the Agency’s payroll system.
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Employer Superannuation Contributions 

Related to Employer Superannuation Contributions

  • Pension Contributions While on leave pursuant to Section B. of this Article, an employee may make contributions to the appropriate State pension system and will receive service credit for the time the employee is on unpaid leave.

  • Retirement Contributions On behalf of employees, the State will continue to “pick up” the six percent (6%) employee contribution, payable pursuant to law. The parties acknowledge that various challenges have been filed that contest the lawfulness, including the constitutionality, of various aspects of PERS reform legislation enacted by the 2003 Legislative Assembly, including Chapters 67 (HB 2003) and 68 (HB 2004) of Oregon Laws 2003 (“PERS Litigation”). Nothing in this Agreement shall constitute a waiver of any party’s rights, claims or defenses with respect to the PERS Litigation.

  • Contributions Without creating any rights in favor of any third party, the Member may, from time to time, make contributions of cash or property to the capital of the Company, but shall have no obligation to do so.

  • Superannuation 13.1 The Employer shall contribute, on behalf of the Employee, superannuation to a fund that will be nominated by the Employer, in accordance with the requirements of the relevant, prevailing superannuation legislation.

  • Retirement Contribution 1. The State shall, as permitted by 5 M.R.S.A. §17702 §§s5 and 6, pay its cost of the 6.5% or 7.5% retirement contribution for employees in the bargaining unit who are covered under special Law Enforcement retirement plans. 2. The State shall, as permitted by 5 M.R.S.A. §17702 §§s5 and 6, pay the cost of the 6.5% or 7.5% retirement contribution for employees in the following classifications.

  • Campaign Contributions The CONTRACTOR is hereby notified of the applicability of 11-355, HRS, which states that campaign contributions are prohibited from specified state or county government contractors during the terms of their contracts if the contractors are paid with funds appropriated by a legislative body.

  • Employee Contributions Any member of the bargaining unit who is hired on or after September 1, 2010 is eligible to make a voluntary contribution to the City=s Deferred Compensation Plan offered by Ameritas.

  • Superannuation fund Unless, to comply with superannuation legislation, the employer is required to make the superannuation contributions provided for in Clause 24(b) to another superannuation fund that is chosen by the employee, the employer must make the superannuation contributions provided for in Clause 24(b) and pay the amount authorised under Clauses 24(d)(i) or 24(d)(ii) to one of the following superannuation funds: (i) Health Employees Superannuation Trust of Australia (HESTA); (ii) any superannuation fund to which the employer was making superannuation contributions for the benefit of its employees before 12 September 2008, provided the superannuation fund is an eligible choice fund and is a fund that offers a MySuper product or is an exempt public sector scheme.

  • Pension All present employees enrolled in the Hospital's Pension Plan shall maintain their enrolment in the Plan subject to its terms and conditions. New employees and employees employed but not yet eligible for membership in the Plan shall, as a condition of employment, enrol in the Plan when eligible in accordance with its terms and conditions.

  • Profit Sharing Plan Under the Northrim BanCorp, Inc. Profit Sharing Plan (the “Plan”), Executive shall be eligible to receive an annual profit share based on performance as defined by the Board of Directors. Executive will be classified in the Executive tier under the Plan’s Responsibility Factors. If Employer is required to prepare an accounting restatement due to “material noncompliance of the Employer,” the Employer will recover from the Executive any incentive compensation during the three (3) years prior to the date of the restatement, in excess of what would have been paid under the restatement. Executive’s signature on this Agreement authorizes Employer to offset or deduct from any compensation Employer may owe Executive, any excess payments (in whole or in part) that Executive may owe Employer due to such restatement(s).

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