Redundancy Contributions. 22.2 The Employer is, and will remain during the life of this Agreement, a member of the Redundancy Payment Approved Workers Entitlement Fund 1 (“Incolink Number 4 Fund”) of which Redundancy Payment Central Fund Ltd (“Incolink”) is trustee or an equivalent approved worker entitlement fund that is administered and/or managed by Incolink (collectively the “Nominated Redundancy Fund”), and all the employees of the Employer within the scope of this Agreement will be enrolled in the “Nominated Redundancy Fund” and be entitled to redundancy benefits in accordance with the terms of the relevant Trust Deed.
Redundancy Contributions. 25.1 The Employer is, and will remain during the life of this Agreement, a member of the Redundancy Payment Approved Worker Entitlement Fund 1 (“Incolink Number 4 Fund”) of which Redundancy Payment Central Fund Ltd ("Incolink") is trustee or an equivalent approved worker entitlement fund that is administered and/or managed by Incolink (the “Nominated Redundancy Fund”). References in this clause to "Nominated Redundancy Fund" include a reference to another fund for comparable purposes nominated by Incolink for the purposes of this Agreement as a fund which supersedes the Incolink Number 4 Fund.
Redundancy Contributions. 24.1 The Employer is, and will remain during the life of this Agreement, a member of the Redundancy Payment Approved Worker Entitlement Fund 1 (“Incolink Number 4 Fund”) of which Redundancy Payment Central Fund Ltd ("Incolink") is trustee or an equivalent approved worker entitlement fund that is administered and/or managed by Incolink (the “Nominated Redundancy Fund”). References in this clause to "Nominated Redundancy Fund" include a reference to another fund for comparable purposes nominated by Incolink for the purposes of this Agreement as a fund which supersedes the Incolink Number 4 Fund.
24.2 All Employees of the Employer will be enrolled by the Employer in the Nominated Redundancy Fund and be entitled to Redundancy benefits in accordance with the terms of the relevant Trust Deed.
24.3 The Employer will pay a minimum of $160 to the Nominated Redundancy Fund on behalf of each Employee on a weekly basis (except where Clause 24.4 applies) in accordance with the trust deed or other governing documents, save that if Incolink nominates any other fund under clause 24.1 the Employer will pay contributions to that fund on behalf of each Employee on a weekly basis and in accordance with the governing documents of that other fund.
24.4 Redundancy contributions on behalf of Employees who have entered in to a part-time/job sharing arrangement under clause 14.2 will be pro-rated. For clarity casual Employees are entitled to the full contribution at clause 24.3 above.
24.5 The liability of the Employer to pay redundancy payments to an Employee under this clause will be met by the making of the contributions on behalf of the Employee required as a member of the Nominated Redundancy Fund, or by another fund nominated by Incolink under clause 24.1.
Redundancy Contributions. 23.1 The Employer will ensure that a weekly amount is paid equal to the following: • $77.00 per Employee effective first pay period from commencement; • $81.00 per Employee effective first pay period July 2022; • $85.00 per Employee effective first pay period July 2023; and • $89.00 per Employee effective first pay period July 2024.
Redundancy Contributions. (a) Service Stream Maintenance will make redundancy contributions in respect of each employee engaged under the terms of this Agreement (excluding casuals, apprentices and trainees). These redundancy contributions will be paid into MERT or another fund by agreement / redundancy fund.
Redundancy Contributions. (a) The Company agrees to continue its participation in the MERT Scheme, until an alternative redundancy type scheme can be agreed upon.
Redundancy Contributions. 21.1. Employees, (excluding apprentices, trainees, Juniors and probationary employees, casual employees and employees engaged for a specific period or task(s)) will be entitled to have contributions as prescribed in the Appendices, made to an approved Employee Entitlement Fund as nominated by the Company.
Redundancy Contributions. 23.2 The Employer is, and will remain during the life of this Agreement, a member of the Redundancy Payment Approved Workers Entitlement Fund 1 (“Incolink Number 4 Fund”) of which Redundancy Payment Central Fund Ltd (“Incolink”) is trustee or an equivalent approved worker entitlement fund that is administered and/or managed by Incolink (collectively the “Nominated Redundancy Fund”), and all the employees of the Employer within the scope of Agreement 2020-2023 PART 3 - TYPES OF EMPLOYMENT AND TERMINATION OF EMPLOYMENT this Agreement will be enrolled in the “Nominated Redundancy Fund” and be entitled to redundancy benefits in accordance with the terms of the relevant Trust Deed.
Redundancy Contributions. 23.2 The Employer is, and will remain during the life of this Agreement, a member of the Redundancy Payment Approved Workers Entitlement Fund 1 is trustee or an equivalent approved worker entitlement fund that is e employees of the Employer within the scope of entitled to redundancy benefits in accordance with the terms of the relevant Trust Deed.
Redundancy Contributions. 4.1 As per clause 16 of this Agreement, Employees may elect in writing to be enrolled into either fund and will be entitled to redundancy payments in accordance the following rates: Allowance Description Per Week Current 02/10/24 02/07/25 01/07/26 03/02/27 ACIRT or Incolink Contribution $40.00 $42.50 $45.00 $47.50 $50.00
