Common use of Superannuation fund Clause in Contracts

Superannuation fund. (a) A school will make available the superannuation funds listed in sub clause 18.4(b) below. (b) Unless, to comply with superannuation legislation, the school is required to make the superannuation contributions provided for in clause 18.2 to another superannuation fund that is chosen by the teacher, the school must make the superannuation contributions provided for in clause 18.2 and pay any amount authorised under clause 18.3 to one of the following superannuation funds or its successor, being funds offering a MySuper Product: (i) Christian Super; (ii) NGS Super; (iii) any other complying superannuation fund approved for the purpose of the superannuation legislation, which is approved by the school as a fund into which an employee of that school may elect to have the school pay contributions made, pursuant to this Agreement; or (iv) any superannuation fund to which the school was making superannuation contributions for the benefit of its teachers before 12 September 2008, provided the superannuation fund is an eligible choice fund offering a MySuper Product. (c) A teacher will notify the School in writing of the superannuation fund nominated by the teacher from the list in subclause 18.4(b) above into which the teacher wishes the school to make contributions and will make such application to join a fund or have employer contributions made to a fund, as is necessary for the school to meet its obligations pursuant to this Agreement.

Appears in 3 contracts

Samples: Enterprise Agreement, Teaching Staff Multi Enterprise Agreement, Teaching Staff Multi Enterprise Agreement

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Superannuation fund. (a) A school will make available the superannuation funds listed in sub clause subclause 18.4(b) below. (b) Unless, to comply with superannuation legislation, the school School is required to make the superannuation contributions provided for in clause 18.2 to another superannuation fund that is chosen by the teacher, the school School must make the superannuation contributions provided for in clause 18.2 and pay any amount authorised under clause 18.3 clauses 18.3(a) and (b) to one of the following superannuation funds or its successor, being funds a fund offering a MySuper My Super Product, as nominated by a teacher: (i) Christian Super; (ii) Non-Government Schools Superannuation Fund (NGS Super); (iii) any other complying superannuation fund approved for the purpose of the superannuation legislation, which is approved by the school School as a fund into which an employee of that school may elect to have the school School pay contributions made, pursuant to this Agreement; or (iv) any superannuation fund to which the school School was making superannuation contributions for the benefit of its teachers before 12 September 2008, provided the superannuation fund is an eligible choice fund offering a MySuper My Super Product. (c) A teacher will notify the School in writing of the superannuation fund nominated by the teacher from the list in subclause 18.4(b) above into which the teacher wishes the school School to make contributions and will make such application to join a fund or have employer contributions made to a fund, as is necessary for the school School to meet its obligations pursuant to this Agreement.

Appears in 1 contract

Samples: Independent Christian Schools NSW Teachers Multi Enterprise Agreement

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