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Common use of Salary Sacrifice to Superannuation Clause in Contracts

Salary Sacrifice to Superannuation. (a) An employee can elect to sacrifice a portion of salary to superannuation. Such election must be made prior to the commencement of the period of service to which the earnings relate and be in accordance with relevant legislation. (b) Salary sacrifice to superannuation means the option of making additional superannuation contributions by electing to sacrifice a portion of the gross earnings (pre tax dollars). This will give the effect of reducing the taxable income by the amount for salary sacrifice. (c) Employers will not use any amount that is salary sacrificed by an employee to count towards the employer’s obligation to pay contributions under the SG legislation. (d) Contributions payable by the employer in relation to the SG legislation shall be calculated by reference to the salary which would have applied to the employee under this Agreement in the absence of any salary sacrifice. (e) Any additional superannuation contributions made in accordance with this clause shall be paid into the same superannuation fund that receives the employer’s SG contributions. (f) Any allowance, penalty rate, overtime payment for unused leave entitlements, other than any payments for leave taken whilst employed, shall be calculated by reference to the salary which would have applied to the employee in the absence of any salary sacrifice to superannuation. Payment for leave taken whilst employed will be at the post-salary sacrificed amount

Appears in 28 contracts

Samples: Enterprise Agreement, Enterprise Agreement, Enterprise Agreement

Salary Sacrifice to Superannuation. (a) An employee can elect to sacrifice a portion of salary to superannuation. Such election must be made prior to the commencement of the period of service to which the earnings relate and be in accordance with relevant legislation. (b) Salary sacrifice to superannuation means the option of making additional superannuation contributions by electing to sacrifice a portion of the gross earnings (pre pre-tax dollars). This will give the effect of reducing the taxable income by the amount for salary sacrifice. (c) Employers will not use any amount that is salary sacrificed by an employee to count towards the employer’s obligation to pay contributions under the SG legislation. (d) Contributions payable by the employer in relation to the SG legislation shall be calculated by reference to the salary which would have applied to the employee under this Agreement in the absence of any salary sacrifice. (e) Any additional superannuation contributions made in accordance with this clause shall be paid into the same superannuation fund that receives the employer’s SG contributions. (f) Any allowance, penalty rate, overtime payment for unused leave entitlements, other than any payments for leave taken whilst employed, shall be calculated by reference to the salary which would have applied to the employee in the absence of any salary sacrifice to superannuation. Payment for leave taken whilst employed will be at the post-salary sacrificed amount

Appears in 12 contracts

Samples: Enterprise Agreement, Enterprise Agreement, Enterprise Agreement

Salary Sacrifice to Superannuation. (a1) An employee can elect to sacrifice a portion of salary to superannuation. Such election must be made prior to the commencement of the period of service to which the earnings relate and be in accordance with relevant legislation. (b2) Salary sacrifice to superannuation means the option of making additional superannuation contributions by electing to sacrifice a portion of the gross earnings (pre tax dollars). This will give the effect of reducing the taxable income by the amount for salary sacrifice. (c3) Employers will not use any amount that is salary sacrificed by an employee to count towards the employer’s obligation to pay contributions under the SG Superannuation Guarantee legislation. (d4) Contributions payable by the employer in relation to the SG Superannuation Guarantee legislation shall be calculated by reference to the salary which would have applied to the employee under this Agreement in the absence of any salary sacrifice. (e5) Any additional superannuation contributions made in accordance with this clause shall be paid into the same superannuation fund that receives the employer’s SG Superannuation Guarantee contributions. (f6) Any allowance, penalty rate, overtime payment for unused leave entitlements, other than any payments for leave taken whilst employed, shall be calculated by reference to the salary which would have applied to the employee in the absence of any salary sacrifice to superannuation. Payment for leave taken whilst employed will be at the post-salary sacrificed amount.

Appears in 10 contracts

Samples: Enterprise Agreement, Enterprise Agreement, Enterprise Agreement

Salary Sacrifice to Superannuation. (a) An employee can elect to sacrifice a portion of salary to superannuation. Such election must be made prior to the commencement of the period of service to which the earnings relate and be in accordance with relevant legislation. (b) Salary sacrifice to superannuation means the option of making additional superannuation contributions by electing to sacrifice a portion of the gross earnings (pre pre-tax dollars). This will give the effect of reducing the taxable income by the amount for salary sacrifice. (c) Employers will not use any amount that is salary sacrificed by an employee to count towards the employer’s obligation to pay contributions under the SG legislation. (d) Contributions payable by the employer in relation to the SG legislation shall be calculated by reference to the salary which would have applied to the employee under this Agreement in the absence of any salary sacrifice. (e) Any additional superannuation contributions made in accordance with this clause shall be paid into the same superannuation fund that receives the employer’s SG contributions. (f) Any allowance, penalty rate, overtime payment for unused leave entitlements, other than any payments for leave taken whilst employed, shall be calculated by reference to the salary which would have applied to the employee in the absence of any salary sacrifice to superannuation. Payment for leave taken whilst employed will be at the post-salary sacrificed amount. (g) Payment for leave taken whilst employed will be at the post-salary sacrificed amount.

Appears in 7 contracts

Samples: Enterprise Agreement, Enterprise Agreement, Enterprise Agreement

Salary Sacrifice to Superannuation. (a) An employee can elect to sacrifice a portion of salary to superannuation. Such election must be made prior to the commencement of the period of service to which the earnings relate and be in accordance with relevant legislation. (b) Salary sacrifice to superannuation means the option of making additional superannuation contributions by electing to sacrifice a portion of the gross earnings (pre pre-tax dollars). This will give the effect of reducing the taxable income by the amount for salary sacrifice. (c) Employers will not use any amount that is salary sacrificed by an employee to count towards the employer’s employer‘s obligation to pay contributions under the SG legislation. (d) Contributions payable by the employer in relation to the SG legislation shall be calculated by reference to the salary which would have applied to the employee under this Agreement in the absence of any salary sacrifice. (e) Any additional superannuation contributions made in accordance with this clause shall be paid into the same superannuation fund that receives the employer’s employer‘s SG contributions. (f) Any allowance, penalty rate, overtime payment for unused leave entitlements, other than any payments for leave taken whilst employed, shall be calculated by reference to the salary which would have applied to the employee in the absence of any salary sacrifice to superannuation. Payment for leave taken whilst employed will be at the post-salary sacrificed amount

Appears in 4 contracts

Samples: Enterprise Agreement, Enterprise Agreement, Enterprise Agreement

Salary Sacrifice to Superannuation. (ai) An employee can elect to sacrifice a portion of salary to superannuation. Such election must be made prior to the commencement of the period of service to which the earnings relate and be in accordance with relevant legislation. (bii) Salary sacrifice to superannuation means the option of making additional superannuation contributions by electing to sacrifice a portion of the gross earnings (pre tax dollars). This will give the effect of reducing the taxable income by the amount for salary sacrifice. (ciii) Employers will not use any amount that is salary sacrificed by an employee to count towards the employer’s obligation to pay contributions under the SG legislation. (div) Contributions payable by the employer in relation to the SG legislation shall be calculated by reference to the salary which would have applied to the employee under this Agreement in the absence of any salary sacrifice. (ev) Any additional superannuation contributions made in accordance with this clause shall be paid into the same superannuation fund that receives the employer’s SG contributions. (fvi) Any allowance, penalty rate, overtime payment for unused leave entitlements, other than any payments for leave taken whilst employed, shall be calculated by reference to the salary which would have applied to the employee in the absence of any salary sacrifice to superannuation. Payment for leave taken whilst employed will be at the post-salary sacrificed amount.

Appears in 3 contracts

Samples: Collective Agreement, Employee Collective Agreement, Collective Agreement

Salary Sacrifice to Superannuation. (a) An employee can elect to sacrifice a portion of salary to superannuation. Such election must be made prior to the commencement of the period of service to which the earnings relate and be in accordance with relevant legislation. (b) Salary sacrifice to superannuation means the option of making additional superannuation contributions by electing to sacrifice a portion of the gross earnings (pre tax dollars). This will give the effect of reducing the taxable income by the amount for salary sacrifice. (c) Employers The employer will not use any amount that is salary sacrificed by an employee to count towards the employer’s 's obligation to pay contributions under the SG legislation. (d) Contributions payable by the employer in relation to the SG legislation shall be calculated by reference to the salary which would have applied to the employee under this Agreement in the absence of any salary sacrifice. (e) Any additional superannuation contributions made in accordance with this clause shall be paid into the same superannuation fund that receives the employer’s 's SG contributions. (f) Any allowance, penalty rate, overtime payment for unused leave entitlements, other than any payments for leave taken whilst employed, shall be calculated by reference to the salary which would have applied to the employee in the absence of any salary sacrifice to superannuation. Payment for leave taken whilst employed will be at the post-salary post‐salary sacrificed amount.

Appears in 2 contracts

Samples: Aged Care Residential & Community Services Agreement, Aged Care Residential & Community Services Agreement

Salary Sacrifice to Superannuation. (a) An employee can elect to sacrifice a portion of salary to superannuation. Such election must be made prior to the commencement of the period of service to which the earnings relate and be in accordance with relevant legislation. (b) Salary sacrifice to superannuation means the option of making additional superannuation contributions by electing to sacrifice a portion of the gross earnings (pre tax dollars). This will give the effect of reducing the taxable income by the amount for salary sacrifice. (c) Employers will not use any amount that is salary sacrificed by an employee to count towards the employer’s obligation to pay contributions under the SG legislationcompulsory superannuation contributions. (d) Contributions Compulsory superannuation contributions payable by the employer in relation to the SG legislation shall be calculated by reference to the salary which would have applied to the employee under this Agreement in the absence of any salary sacrifice. (e) Any additional superannuation contributions made in accordance with this clause shall be paid into the same superannuation fund that receives the employer’s SG compulsory superannuation contributions. (f) Any allowance, penalty rate, overtime payment for unused leave entitlements, other than any payments for leave taken whilst employed, shall be calculated by reference to the salary which would have applied to the employee in the absence of any salary sacrifice to superannuation. Payment for leave taken whilst employed will be at the post-salary sacrificed amount

Appears in 1 contract

Samples: Enterprise Agreement

Salary Sacrifice to Superannuation. (a) An employee can elect to sacrifice a portion of salary to superannuation. Such election must be made prior to the commencement of the period of service to which the earnings relate and be in accordance with relevant legislation. (b) Salary sacrifice to superannuation means the option of making additional superannuation contributions by electing to sacrifice a portion of the gross earnings (pre pre-tax dollars). This will give the effect of reducing the taxable income by the amount for salary sacrifice. (c) Employers The employer will not use any amount that is salary sacrificed by an employee to count towards the employer’s 's obligation to pay contributions under the SG legislation. (d) Contributions payable by the employer in relation to the SG legislation shall be calculated by reference to the salary which would have applied to the employee under this Agreement in the absence of any salary sacrifice. (e) Any additional superannuation contributions made in accordance with this clause shall be paid into the same superannuation fund that receives the employer’s 's SG contributions. (f) Any allowance, penalty rate, overtime payment for unused leave entitlements, other than any payments for leave taken whilst employed, shall be calculated by reference to the salary which would have applied to the employee in the absence of any salary sacrifice to superannuation. Payment for leave taken whilst employed will be at the post-salary sacrificed amount.

Appears in 1 contract

Samples: Uniting Aged Care Enterprise Agreement (Nsw) 2017

Salary Sacrifice to Superannuation. (ai) An employee can elect to sacrifice a portion of salary to superannuation. Such election must be made prior to the commencement of the period of service to which the earnings relate and be in accordance with relevant legislation. The employer has the right to refuse such election and the entering into of such an arrangement must be by mutual consent. The employer has the right to change such arrangement once entered into if such arrangement places the employer at a taxation disadvantage. (bii) Salary sacrifice to superannuation means the option of making additional superannuation contributions by electing to sacrifice a portion of the gross earnings (pre tax dollars). This will give the effect of reducing the taxable income by the amount for salary sacrifice. (ciii) Employers will not use any amount that is salary sacrificed by an employee to count towards the employer’s obligation to pay contributions under the SG legislation. (div) Contributions payable by the employer in relation to the SG legislation shall be calculated by reference to the salary which would have applied to the employee under this Agreement in the absence of any salary sacrifice. (ev) Any additional superannuation contributions made in accordance with this clause shall be paid into the same superannuation fund that receives the employer’s SG contributions. (fvi) Any allowance, penalty rate, overtime payment for unused leave entitlements, other than any payments for leave taken whilst employed, shall be calculated by reference to the salary which would have applied to the employee in the absence of any salary sacrifice to superannuation. Payment for leave taken whilst employed will be at the post-salary sacrificed amount.

Appears in 1 contract

Samples: Collective Agreement

Salary Sacrifice to Superannuation. (a) An employee can elect to sacrifice a portion of salary to superannuation. Such election must be made prior to the commencement of the period of service to which the earnings relate and be in accordance with relevant legislation. (b) Salary sacrifice to superannuation means the option of making additional superannuation contributions by electing to sacrifice a portion of the gross earnings (pre pre-tax dollars). This will give the effect of reducing the taxable income by the amount for salary sacrifice. (c) Employers will not use any amount that is salary sacrificed by an employee to count towards the employer’s obligation to pay contributions under the SG legislation. (d) Contributions payable by the employer in relation to the SG legislation shall be calculated by reference to the salary which would have applied to the employee under this Agreement in the absence of any salary sacrifice. (e) Any additional superannuation contributions made in accordance with this clause shall be paid into the same superannuation fund that receives the employer’s SG contributions. (f) Any allowance, penalty rate, overtime payment for unused leave entitlements, other than any payments for leave taken whilst employed, shall be calculated by reference to the salary which would have applied to the employee in the absence of any salary sacrifice to superannuation. Payment for leave taken whilst employed will be at the post-salary sacrificed amount.

Appears in 1 contract

Samples: Enterprise Agreement

Salary Sacrifice to Superannuation. (a) An employee can elect to sacrifice a portion of salary to superannuation. Such election must be made prior to the commencement of the period of service to which the earnings relate and be in accordance with relevant legislation. (b) Salary sacrifice to superannuation means the option of making additional superannuation contributions by electing to sacrifice a portion of the gross earnings (pre pre-tax dollars). This will give the effect of reducing the taxable income by the amount for salary sacrifice. (c) Employers will not use any amount that is salary sacrificed by an employee to count towards the employer’s obligation to pay contributions under the SG legislation. (d) Contributions payable by the employer in relation to the SG legislation shall be calculated by reference to the salary which would have applied to the employee under this Agreement in the absence of any salary sacrifice. (e) Any additional superannuation contributions made in accordance with this clause shall be paid into the same superannuation fund that receives the employer’s SG contributions. (f) Any allowance, penalty rate, overtime payment for unused leave entitlements, other than any payments for leave taken whilst employed, shall be calculated by reference to the salary which would have applied to the employee in the absence of any salary sacrifice to superannuation. Payment for leave taken whilst employed will be at the post-salary sacrificed amountamount‌

Appears in 1 contract

Samples: Enterprise Agreement

Salary Sacrifice to Superannuation. (a) An employee can elect to sacrifice a portion of salary to superannuation. Such election must be made prior to the commencement of the period of service to which the earnings relate and be in accordance with relevant legislation. (b) Salary sacrifice to superannuation means the option of making additional superannuation contributions by electing to sacrifice a portion of the gross earnings (pre pre-tax dollars). This will give the effect of reducing the taxable income by the amount for salary sacrifice. (c) Employers will not use any amount that is salary sacrificed by an employee to count towards the employer’s obligation to pay contributions under the SG legislation. (d) Contributions payable by the employer in relation to the SG legislation shall be calculated by reference to the salary which would have applied to the employee under this Agreement in the absence of any salary sacrifice. (e) Any additional superannuation contributions made in accordance with this clause shall be paid into the same superannuation fund that receives the employer’s SG contributions. (f) Any allowance, penalty rate, overtime payment for unused leave entitlements, other than any payments for leave taken whilst employed, shall be calculated by reference to the salary which would have applied to the employee in the absence of any salary sacrifice to superannuation. Payment for leave taken whilst employed will be at the post-salary sacrificed amountamount Any employee required to attend Occupational Health and Safety Committee and/or Board of Management meetings in the capacity of employee representative shall, if such meetings are held outside the ordinary hours of work, be entitled to receive ordinary pay per hour for the actual time spent in attendance at such meetings. In lieu of receiving payment, employees may, with the agreement of the employer, be permitted to be free from duty for a period of time equivalent to the period spent in attendance at such meetings. Such time spent shall not be viewed as overtime for the purposes of this Agreement.

Appears in 1 contract

Samples: Enterprise Agreement

Salary Sacrifice to Superannuation. (ai) An an employee can elect to sacrifice a portion of salary to superannuation. Such election must be made prior to the commencement of the period of service to which the earnings relate and be in accordance with relevant legislation. (bii) Salary salary sacrifice to superannuation means the option of making additional superannuation contributions by electing to sacrifice a portion of the gross earnings (pre pre-tax dollars). This will give the effect of reducing the taxable income by the amount for salary sacrifice. (ciii) Employers Xxxxx Xxxxxx Village will not use any amount that is salary sacrificed by an employee to count towards the employerXxxxx Xxxxxx Village’s obligation to pay contributions under the SG legislation. (div) Contributions contributions payable by the employer Xxxxx Xxxxxx Village in relation to the SG legislation shall be calculated by reference to the salary which would have applied to the employee under this Agreement in the absence of any salary sacrifice. (ev) Any any additional superannuation contributions made in accordance with this clause shall be paid into the same superannuation fund that receives the employerXxxxx Xxxxxx Village’s SG contributions. (fvi) Any any allowance, penalty rate, loadings, overtime payment for unused leave entitlements, other than any payments for leave taken whilst employed, shall be calculated by reference to the salary which would have applied to the employee in the absence of any salary sacrifice to superannuation. Payment for leave taken whilst employed will be at the post-salary sacrificed amount.

Appears in 1 contract

Samples: Enterprise Agreement

Salary Sacrifice to Superannuation. (a) An employee can may elect to sacrifice a portion of their salary to superannuation. Such election must be made prior to the commencement of the period of service to which the earnings relate and be in accordance with relevant legislation. (b) Salary sacrifice to superannuation means the option of making additional superannuation contributions by electing to sacrifice a portion of the gross earnings (pre pre-tax dollars). This will give the effect of reducing the taxable income by the amount for salary sacrifice. (c) Employers (Insert name of employer) will not use any amount that is salary sacrificed by an employee to count towards the employer’s obligation to pay contributions under the SG Superannuation guarantee legislation. (d) Contributions payable by the employer (insert name of employer) in relation to the SG Superannuation Guarantee legislation shall will be calculated by reference to the salary which would have applied to the employee under this Agreement in the absence of any salary sacrifice. (e) Any additional superannuation contributions made in accordance with this clause shall will be paid into the same superannuation fund that receives the (insert name of employer’s SG ) Superannuation Guarantee contributions. (f) Any allowance, penalty Penalty rate, overtime payment for unused leave entitlements, other than any payments for leave taken whilst employed, shall will be calculated by reference to the salary which would have applied to the employee in the absence of any salary sacrifice to superannuation. Payment for leave taken whilst employed will be at the post-salary sacrificed amount.

Appears in 1 contract

Samples: Certified Agreement

Salary Sacrifice to Superannuation. (ai) An employee can elect to sacrifice a portion of their salary to superannuation. Such election must be made prior to the commencement of the period of service to which the earnings relate and be in accordance with relevant legislation. (bii) Salary sacrifice to superannuation means the option of making additional superannuation contributions by electing to sacrifice a portion of the gross earnings (pre pre-tax dollars). This will give the effect of 1of reducing the taxable income by the amount for salary sacrifice. (ciii) Employers will not use any amount that is salary sacrificed by an employee to count towards the employer’s obligation to pay contributions under the SG Superannuation Guarantee legislation. (div) Contributions payable by the employer in relation to the SG Superannuation Guarantee legislation shall be calculated by reference to the salary which would have applied to the employee under this Agreement in the absence of any salary sacrifice. (ev) Any additional superannuation contributions made in accordance with this clause shall be paid into the same superannuation fund that receives the employer’s SG Superannuation Guarantee contributions. (fvi) Any allowance, penalty rate, overtime payment for unused leave entitlements, other than any payments for leave taken whilst employed, shall be calculated by reference to the salary which would have applied to the employee in the absence of any salary sacrifice to superannuation. Payment for leave taken whilst employed will be at the post-salary sacrificed amount.

Appears in 1 contract

Samples: Enterprise Agreement

Salary Sacrifice to Superannuation. (a) An employee can elect to sacrifice a portion of salary to superannuation. Such election must be made prior to the commencement of the period of service to which the earnings relate and be in accordance with relevant legislation. (b) Salary sacrifice to superannuation means the option of making additional superannuation contributions by electing to sacrifice a portion of the gross earnings (pre pre-tax dollars). This will give the effect of reducing the taxable income by the amount for salary sacrifice. (c) Employers will not use any amount that is salary sacrificed by an employee to count towards the employer’s 's obligation to pay contributions under the SG legislation. (d) Contributions payable by the employer in relation to the SG legislation shall be calculated by reference to the salary which would have applied to the employee under this Agreement in the absence of any salary sacrifice. (e) Any additional superannuation contributions made in accordance with this clause shall be paid into the same superannuation fund that receives the employer’s 's SG contributions. (f) Any allowance, penalty rate, overtime payment for unused leave entitlements, other than any payments for leave taken whilst employed, shall be calculated by reference to the salary which would have applied to the employee in the absence of any salary sacrifice to superannuation. Payment for leave taken whilst employed will be at the post-salary sacrificed amount.

Appears in 1 contract

Samples: Enterprise Agreement

Salary Sacrifice to Superannuation. (a) An employee can elect to sacrifice a portion of salary to superannuation. Such election must be made prior to the commencement of the period of service to which the earnings relate and be in accordance with relevant legislation. (b) Salary sacrifice to superannuation means the option of making additional superannuation contributions by electing to sacrifice a portion of the gross earnings (pre tax dollars). This will give the effect of reducing the taxable income by the amount for salary sacrifice. (c) Employers will not use any amount that is salary sacrificed by an employee to count towards the employer’s employer‟s obligation to pay contributions under the SG legislation. (d) Contributions payable by the employer in relation to the SG legislation shall be calculated by reference to the salary which would have applied to the employee under this Agreement in the absence of any salary sacrifice. (e) Any additional superannuation contributions made in accordance with this clause shall be paid into the same superannuation fund that receives the employer’s employer‟s SG contributions. (f) Any allowance, penalty rate, overtime payment for unused leave entitlements, other than any payments for leave taken whilst employed, shall be calculated by reference to the salary which would have applied to the employee in the absence of any salary sacrifice to superannuation. Payment for leave taken whilst employed will be at the post-salary sacrificed amount

Appears in 1 contract

Samples: Collective Agreement