Superannuation. 23.1 Superannuation contributions must be paid in accordance with this clause and the Superannuation Guarantee Administration Act 1992 (Cth), which will satisfy the Employer’s obligation regarding making superannuation contributions under the NES. 23.2 Subject to applicable legislation regarding choice of fund and/or stapled funds, the Employer will make superannuation payments on behalf of each Employee into CBUS as the default fund. 23.3 The level of contributions paid on behalf of each Employee (other than an Apprentice) will be, at a minimum, $280 per week. 23.4 Pro-rata payment does not apply, except in the case of flexible working arrangements entered into pursuant to clause 14.2.. 23.5 The level of contributions paid on behalf of each Apprentice must be, at a minimum: 1st Year - 55% 2nd Year – 70% 3rd Year – 85% 4th Year – 100% Minimum contribution $154.00 $196.00 $238.00 $280.00 23.6 The above contributions may be counted by the Employer as an offset against any payments otherwise required to be made by the Employer to avoid the Employer being required to pay the superannuation guarantee charge under 23.7 All superannuation contributions will be paid at least monthly subject to the relevant governing trust deed, rules and/or legislation.
Appears in 33 contracts
Samples: Enterprise Agreement, Subcontractors Formwork Enterprise Agreement, Subcontractors Enterprise Agreement
Superannuation. 23.1 22.1 Superannuation contributions must be paid in accordance with this clause and the Superannuation Guarantee Administration Act 1992 (Cth), which will satisfy the Employer’s obligation regarding making superannuation contributions under the NES.
23.2 22.2 Subject to applicable legislation regarding choice of fund and/or stapled funds, the Employer will make superannuation payments on behalf of each Employee into CBUS as the default fund.
23.3 22.3 The level of contributions paid on behalf of each Employee (other than an Apprentice) will be, at a minimum, $280 per week.
23.4 22.4 Pro-rata payment does not apply, except in the case of flexible working arrangements entered into pursuant to clause 14.2...
23.5 22.5 The level of contributions paid on behalf of each Apprentice must be, at a minimum: 1st Year - 55% 2nd Year – 70% 3rd Year – 85% 4th Year – 100% Minimum contribution $154.00 $196.00 $238.00 $280.00
23.6 22.6 The above contributions may be counted by the Employer as an offset against any payments otherwise required to be made by the Employer to avoid the Employer being required to pay the superannuation guarantee charge underunder superannuation legislation with respect to an Employee. However, the above contribution rates do not limit the Employer’s liability under the Superannuation Guarantee (Administration) Act 1992 (Cth).
23.7 22.7 All superannuation contributions will be paid at least monthly subject to the relevant governing trust deed, rules and/or legislation.
Appears in 28 contracts
Samples: Subcontractors Rigger/Steel Erector Enterprise Agreement, Subcontractors Rigger/Steel Erector Enterprise Agreement, Subcontractors Rigger/Steel Erector Enterprise Agreement
Superannuation. 23.1 Superannuation contributions must be paid in accordance with this clause and the Superannuation Guarantee Administration Act 1992 (Cth), which will satisfy the Employer’s obligation regarding making superannuation contributions under the NES.
23.2 Subject to applicable legislation regarding choice of fund and/or stapled funds, the Employer will make superannuation payments on behalf of each Employee into CBUS as the default fund.
23.3 The level of contributions paid on behalf of each Employee (other than an Apprentice) will be, at a minimum, $280 per week.
23.4 Pro-rata payment does not apply, except in the case of flexible working arrangements entered into pursuant to clause 14.2..
23.5 The level of contributions paid on behalf of each Apprentice must be, at a minimum: 1st Year - 55% 2nd Year – 70% 3rd Year – 85% 4th Year – 100% Minimum contribution $154.00 $196.00 $238.00 $280.00
23.6 The above contributions may be counted by the Employer as an offset against any payments otherwise required to be made by the Employer to avoid the Employer being required to pay the superannuation guarantee charge underunder superannuation legislation with respect to an Employee. However, the above contribution rates do not limit the Employer’s liability under the Superannuation Guarantee (Administration) Act 1992 (Cth).
23.7 All superannuation contributions will be paid at least monthly subject to the relevant governing trust deed, rules and/or legislation.
Appears in 28 contracts
Samples: Enterprise Agreement, Subcontractors Concrete Placement Enterprise Agreement, Enterprise Agreement
Superannuation. 23.1 Superannuation contributions must be paid in accordance with this clause and the Superannuation Guarantee Administration Act 1992 (Cth), which will satisfy the Employer’s obligation regarding making superannuation contributions under the NES.
23.2 Subject to applicable legislation regarding choice of fund and/or stapled funds, the Employer will make superannuation payments on behalf of each Employee into CBUS as the default fund.
23.3 The level of contributions paid on behalf of each Employee (other than an Apprentice) will be, at a minimum, $280 per week.
23.4 Pro-rata payment does not apply, except in the case of flexible working arrangements entered into pursuant to clause 14.2..
23.5 The level of contributions paid on behalf of each Apprentice must be, at a minimum: 1st Year - 55% 2nd Year – 70% 3rd Year – 85% 4th Year – 100% Minimum contribution $154.00 $196.00 $238.00 $280.00
23.6 The above contributions may be counted by the Employer as an offset against any payments otherwise required to be made by the Employer to avoid the Employer being required to pay the superannuation guarantee charge underunder superannuation legislation with respect to an Employee. However, the above
23.7 All superannuation contributions will be paid at least monthly subject to the relevant governing trust deed, rules and/or legislation.
Appears in 1 contract
Superannuation. 23.1 Superannuation contributions must be paid in accordance with this clause and the Superannuation Guarantee Administration Act 1992 (Cth), which will satisfy the Employer’s obligation regarding making superannuation contributions under the NES.
23.2 Subject to applicable legislation regarding choice of fund and/or stapled funds, the Employer will make superannuation payments on behalf of each Employee into CBUS as the default fund.
23.3 The level of contributions paid on behalf of each Employee (other than an Apprentice) will be, at a minimum, $280 per week.
23.4 Pro-rata payment does not apply, except in the case of flexible working arrangements entered into pursuant to clause 14.2..
23.5 The level of contributions paid on behalf of each Apprentice must be, at a minimum: 1st Year - 55% 2nd Year – –70% 3rd Year – –85% 4th Year – –100% Minimum contribution $154.00 $196.00 $238.00 $280.00
23.6 The above contributions may be counted by the Employer as an offset against any payments otherwise required to be made by the Employer to avoid the Employer being required to pay the superannuation guarantee charge under
23.7 All superannuation contributions will be paid at least monthly subject to the relevant governing trust deed, rules and/or legislation.
Appears in 1 contract
Samples: Enterprise Agreement