Common use of Superannuation Entitlement Clause in Contracts

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 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.