Common use of Salary Sacrifice Arrangements for superannuation Clause in Contracts

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.

Salary Sacrifice Arrangements for superannuation. (ai) An employee may enter into a written agreement with the employer to salary sacrifice for superannuation in accordance with clause 8.5 8.4 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 8.3.38.4(e). (bii) 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.

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 5.7 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 8.3.35.5.4. (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- co-contribution. The employee should seek independent financial advice prior to entering into any arrangement.

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 5.17 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 8.3.35.18. (b) The employer will inform eligible employees earning up to $52, 000 per annum 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- co-contribution. The employee should seek independent financial advice prior to entering into any arrangement.

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 5.5 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 8.3.35.8.3. (b) The employer will inform eligible employees earning up to $58, 980 (as indexed from time to time) per annum 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- co-contribution. The employee should seek independent financial advice prior to entering into any arrangement.

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 8.3.38.4.3. (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- co-contribution. The employee should seek independent financial advice prior to entering into any arrangement.