Salary Sacrifice Arrangements for superannuation Sample Clauses

Salary Sacrifice Arrangements for superannuation. (a) An employee may enter into a written agreement with the employer to salary sacrifice for superannuation in accordance with clause 8.5 of this Agreement. Such salary sacrifice contributions are in addition to the employer contribution of 9% of gross ordinary time earnings as specified in clause 8.3.3. (b) The employer will inform eligible employees that it may be more beneficial for them to make post-tax contributions to superannuation rather than salary sacrifice such contributions given that they may be entitled to the Commonwealth government’s superannuation co- contribution. The employee should seek independent financial advice prior to entering into any arrangement.
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Salary Sacrifice Arrangements for superannuation. An employee may enter into a written agreement with the employer to salary sacrifice for superannuation. Such salary sacrifice contributions are in addition to the employer contribution as specified in clause 19.4. The employer will inform eligible employees that it may be more beneficial for them to make post-tax contributions to superannuation rather than salary sacrifice such contributions given that they may be entitled to the Commonwealth government’s superannuation co-contribution. The employee should seek independent financial advice prior to entering into any arrangement.
Sample 1
Salary Sacrifice Arrangements for superannuation. (a) An employee may enter into a written agreement with Anglicare SQ to salary sacrifice for superannuation in accordance with clause 5.5.6 of this Agreement. Such salary sacrifice contributions are in addition to Anglicare SQ contribution of 9.5% of gross ordinary time earnings as specified in clause 5.5.4. (b) Anglicare SQ will inform eligible employees that it may be more beneficial for them to make post-tax contributions to superannuation rather than salary sacrifice such contributions given that they may be entitled to the Commonwealth government’s superannuation co-contribution. The employee should seek independent financial advice prior to entering into any arrangement.
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Salary Sacrifice Arrangements for superannuation. (1) An employee may nominate, in writing, to make additional superannuation contributions by arrangement with STC’s Human Resources Department.
Sample 1
Salary Sacrifice Arrangements for superannuation. (a) An employee may enter into a written agreement with the employer to salary sacrifice to superannuation. Such salary sacrifice contributions are in addition to the employer contribution as specified in clause 14.3. (b) The parties agree that an employee may sacrifice part of their wage for provisions of retirement benefits in superannuation to the funds agreed to within this Agreement. Where this occurs Employer contributions will be based on the gross cash salary less any amounts salary packaged under clause 15. (c) Eligible employees should be aware that it may be more beneficial for them to make post-tax contributions to superannuation rather than salary sacrifice such contributions given that they may be entitled to the Commonwealth government‟s superannuation co-contribution. The employee should seek independent financial advice prior to entering into any arrangement.
Sample 1

Related to Salary Sacrifice Arrangements for superannuation

  • SALARY SACRIFICE ARRANGEMENTS 34.1 Employees covered by this Agreement will have access to salary sacrifice arrangements in addition to the compulsory arrangement detailed above. The requirements of any such arrangements shall ensure that: (a) Accessing a salary sacrifice arrangement is a voluntary decision to be made by the individual Employee. (b) An Employee wishing to enter into a salary sacrifice arrangement will be required to notify their Employer in writing of the intention to do so and have sought expert advice in relation to entering into such an arrangement. (c) The Employer shall meet the cost of implementing the administrative and payroll arrangements necessary for the introduction of salary sacrifice to the Employees under the Agreement. (d) The co-contribution of superannuation payments referred to herein shall be made by way of salary sacrifice arrangements.

  • 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.

  • REQUESTS FOR FLEXIBLE WORKING ARRANGEMENTS 49.1 Employee may request change in working arrangements s.65 of the Act. Note 1: Section 65 of the Act provides for certain Employees to request a change in their working arrangements because of their circumstances, as set out in s.65(1A).

  • Flexible Working Arrangements In accordance with the Employment Relations Act 2000, an employee affected by family violence may request a short-term (two months or less) variation of their employment arrangements to assist the employee to deal with the effects of family violence.

  • 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.

  • Salary Sacrifice (a) Where an Employee wishes to have their pay salary sacrificed for additional superannuation, the Employer will comply with the Employee’s request without unreasonable delay and consistent with any relevant statutory requirements. (b) All entitlements and benefits contained in this Agreement will be calculated on the pre-salary sacrifice pay rate.

  • Standard Company Benefits Executive shall be entitled to participate in all employee benefit programs for which Executive is eligible under the terms and conditions of the benefit plans that may be in effect from time to time and provided by the Company to its employees. The Company reserves the right to cancel or change the benefit plans or programs it offers to its employees at any time.

  • Customary Fringe Benefits Executive will be eligible for all customary and usual fringe benefits generally available to executives of Company subject to the terms and conditions of Company’s benefit plan documents. Company reserves the right to change or eliminate the fringe benefits on a prospective basis, at any time, effective upon notice to Executive.

  • GOVERNANCE ARRANGEMENTS Enforceability of the Agreement

  • Arrangements for Sales Arrangements for sales of Contract Securities will be made only through the Manager acting either directly or through Dealers (including Underwriters acting as Dealers), and you authorize the Manager to act on your behalf in making such arrangements. The aggregate number or amount of Securities to be purchased by the several Underwriters will be reduced by the respective number or amounts of Contract Securities attributed to such Underwriters as hereinafter provided. Subject to the provisions of Section 4.2 hereof, the aggregate number or amount of Contract Securities will be attributed to the Underwriters as nearly as practicable in proportion to their respective Underwriting Percentages, except that, as determined by the Manager in its discretion: (a) Contract Securities directed and allocated by a purchaser to specific Underwriters will be attributed to such Underwriters, and (b) Contract Securities for which arrangements have been made for sale through Dealers will be attributed to each Underwriter approximately in the proportion that Securities of such Underwriter held by the Manager for sales to Dealers bear to all Securities so held. The fee with respect to Contract Securities payable to the Manager for the accounts of the Underwriters pursuant to the Underwriting Agreement will be credited to the accounts of the respective Underwriters in proportion to the Contract Securities attributed to such Underwriters pursuant to the provisions of this Section 4.1, less, in the case of each Underwriter, the concession to Dealers on Contract Securities sold through Dealers and attributed to such Underwriter.

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