Common use of Equalisation Clause in Contracts

Equalisation. Where reassignment is to a position with a lower salary, the employee will receive an allowance equivalent to the difference between their old and new salaries and be able to have this paid either: • As a lump sum calculated on the basis of two years’ equalisation; or • As an ongoing allowance that will be abated by any subsequent salary increases. Where the employee is within five years of eligibility for Government Superannuation and the employee is a member of the scheme, the equalisation allowance will count towards the calculation of superannuation.

Equalisation. Where reassignment is to a position with a lower salary, the employee will receive an allowance equivalent to the difference between their old and new salaries and be able to have this paid either: • As a lump sum calculated on the basis of two years’ equalisation; or • As an ongoing on-going allowance that will be abated by any subsequent salary increasesincreases for a maximum of 5 years. Where the employee is within five years of eligibility for Government Superannuation and the employee is a member of the scheme, the equalisation allowance will count towards the calculation of superannuation.