Common use of Retirement Savings Clause in Contracts

Retirement Savings. 3.7.1 Principals are eligible to join Kiwisaver schemes in accordance with the terms of those schemes. 3.7.2 Employer or government contributions to retirement or superannuation schemes which are closed to new members (and include the Teachers’ Retirement Savings Scheme and the Government Superannuation Fund), shall continue in accordance with the terms of those schemes. 3.7.3 A Principal is not eligible to receive employer or government contributions to a Kiwisaver scheme where government or employer contributions are made to another retirement or superannuation scheme of which that Principal is a member.

Appears in 12 contracts

Samples: Collective Agreement, Collective Agreement, Collective Agreement

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Retirement Savings. 3.7.1 1.7.1 Principals are eligible to join Kiwisaver schemes in accordance with the terms of those schemes. 3.7.2 1.7.2 Employer or government contributions to retirement or superannuation schemes which are closed to new members (and include the Teachers’ Retirement Savings Scheme, the State Sector Retirement Savings Scheme and the Government Superannuation Fund), shall continue in accordance with the terms of those schemes. 3.7.3 1.7.3 A Principal principal can receive an employer contribution to only one retirement scheme. A principal can choose which scheme that employer contribution shall go to and is not eligible advised to receive employer or government contributions to a Kiwisaver consider the terms and conditions of each scheme where government or employer contributions are made to another retirement or superannuation scheme of which in exercising that Principal is a memberchoice.

Appears in 8 contracts

Samples: Collective Agreement, Secondary Principals’ Collective Agreement, Secondary Principals’ Collective Agreement

Retirement Savings. 3.7.1 Principals are eligible to join Kiwisaver KiwiSaver schemes in accordance with the terms of those schemes. 3.7.2 Employer or government contributions to retirement or superannuation schemes which are closed to new members (and include the Teachers’ Retirement Savings Scheme and the Government Superannuation Fund), shall continue in accordance with the terms of those schemes. 3.7.3 A Principal is not eligible to receive employer or government contributions to a Kiwisaver KiwiSaver scheme where government or employer contributions are made to another retirement or superannuation scheme of which that Principal is a member.

Appears in 3 contracts

Samples: Collective Agreement, Collective Agreement, Collective Agreement

Retirement Savings. 3.7.1 1.7.1 Principals are eligible to join Kiwisaver KiwiSaver schemes in accordance with the terms of those schemes. 3.7.2 1.7.2 Employer or government contributions to retirement or superannuation schemes which are closed to new members (and include the Teachers’ Retirement Savings Scheme, the State Sector Retirement Savings Scheme and the Government Superannuation Fund), shall continue in accordance with the terms of those schemes. 3.7.3 1.7.3 A Principal principal can receive an employer contribution to only one retirement scheme. A principal can choose which scheme that employer contribution shall go to and is not eligible advised to receive employer or government contributions to a Kiwisaver consider the terms and conditions of each scheme where government or employer contributions are made to another retirement or superannuation scheme of which in exercising that Principal is a memberchoice.

Appears in 2 contracts

Samples: Secondary Principals' Collective Agreement, Secondary Principals' Collective Agreement

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Retirement Savings. 3.7.1 5.6.1 Principals are eligible to join Kiwisaver schemes a KiwiSaver scheme in accordance with the terms of those schemes. 3.7.2 5.6.2 Employer or government contributions to retirement or superannuation schemes which are closed to new members (and include the Teachers’ Retirement Savings Scheme and the Government Superannuation Fund), shall continue in accordance with the terms of those schemes. 3.7.3 5.6.3 A Principal principal is not eligible to receive employer or government contributions to a Kiwisaver KiwiSaver scheme where government or employer contributions are made to another retirement or superannuation scheme of which that Principal principal is a member.

Appears in 1 contract

Samples: Collective Agreement

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