Superannuation Entitlement Clause Samples
Superannuation Entitlement. (a) The Employer will contribute on your behalf the minimum level of superannuation contributions required by the Superannuation Guarantee (Administration) Act 1992 and applicable regulations (as amended from time to time) in respect of your ordinary time earnings.
(b) For the purposes of superannuation in this Clause, "ordinary time earnings" shall include your Ordinary Rate of Pay and any loadings paid in accordance with this Agreement for late night shifts and weekend shifts, but does not include payments made for Additional Hours, discretionary bonuses, any payment made while you receive workers' compensation benefits and/or payments to reimburse expenses.
Superannuation Entitlement. The Company will contribute 9% of ordinary time earnings into Cbus. "Ordinary time earnings" means the actual ordinary rate of pay the Employee receives for ordinary hours of work and includes an Employees hourly rate, fares allowance, any applicable company productivity / site allowance and any other allowances or loadings prescribed by the Award. In respect of any applicable company productivity / site allowance the 9% will apply for each 8 hours ordinary time worked Monday to Friday. This percentage will increase if the Superannuation Guarantee rate is increased by legislation. All other provisions of the Award shall apply.
Superannuation Entitlement. The Employer will contribute on a monthly basis in arrears an amount equal to the statutory requirement of the Employees ordinary time earnings into a superannuation fund in accordance with the relevant superannuation legislation. Please note that an Employee can access the Americold Mercer Superannuation Fund.
Superannuation Entitlement. The Company shall make superannuation payments monthly into Cbus at a rate of 12.5% until 31 December 2024. From 1 January 2025 and for the remaining duration of this Agreement, the Company shall make superannuation payments monthly into Cbus at a rate of 13% in accordance with clause 11.5 of this Agreement.
Superannuation Entitlement. The company will contribute 9% of ordinary time earnings, as defined in the appropriate Award, into an agreed fund. This percentage will increase if the SGL is increased by legislation.
Superannuation Entitlement. The Company will contribute 9% of ordinary time earnings into Cbus. "Ordinary time earnings" means the actual ordinary rate of pay the Employee receives for ordinary hours of work and includes an Employees hourly rate, fares allowance, any applicable company consolidated productivity / site allowance and any other allowances or loadings prescribed by the Award. In respect of any applicable company consolidated productivity site allowance the 9% will apply for each 8 hours ordinary time worked Monday to Friday.