Common use of Wage Sacrifice To Superannuation Clause in Contracts

Wage Sacrifice To Superannuation. 44.3.1 An employee may elect in lieu of being paid an amount of wages to have an equivalent amount paid by way of Superannuation contributions in accordance with the relevant provisions of the XXXX. 44.3.2 Where an employee has elected to have an amount paid by way of Superannuation contributions in lieu of wages, any allowance, penalty, payment for unused leave entitlements, weekly worker’s compensation or other payment, other than any payment for leave taken in service to which an employee is entitled under this Agreement or any applicable Agreement, Act or Statute which is expressed to be determined by reference to an employee’s wage, shall be calculated by reference to the actual wages paid to the employee and the amount paid under Sub-clause 44.3.1 by way of Superannuation contributions. 44.3.3 Subject to the provisions of relevant superannuation legislation, any Superannuation contributions paid under Sub-clause 44.3 shall be paid to the XXXX. 44.3.4 The employee may elect to have an amount paid by way of Superannuation contributions in lieu of wages on joining EnergyAustralia and thereafter may alter the amount paid by way of Superannuation contributions under Sub-clause 44.3 with effect from 1 July each year. 44.3.5 An election to have Superannuation contributions paid in lieu of an amount of wages shall be in writing and may only be made with the consent of both the employee and EnergyAustralia.

Wage Sacrifice To Superannuation. 44.3.1 17.3.1 An employee may elect in lieu of being paid an amount of wages to have an equivalent amount paid by way of Superannuation contributions in accordance with the relevant provisions of the XXXXXXXX or other such complying fund. 44.3.2 17.3.2 Where an employee has elected to have an amount paid by way of Superannuation contributions in lieu of wages, any allowance, penalty, payment for unused leave entitlements, weekly worker’s compensation or other payment, payment (other than any payment for leave taken in service to which an employee is entitled under this Agreement or any applicable Agreement, Act or Statute Statute) which is expressed to be determined by reference to an employee’s wage, shall be calculated by reference to the actual wages paid to the employee and the amount paid under Sub-clause 44.3.1 17.3.1 by way of Superannuation contributions. 44.3.3 17.3.3 Subject to the provisions of relevant superannuation legislation, any Superannuation contributions paid under Sub-clause 44.3 17.3 shall be paid to the XXXXXXXX or other such complying fund. 44.3.4 17.3.4 The employee may elect to have an amount paid by way of Superannuation contributions in lieu of wages on joining EnergyAustralia Ausgrid and thereafter may alter the amount paid by way of Superannuation contributions under Sub-clause 44.3 17.3 with effect from 1 July each year. 44.3.5 17.3.5 An election to have Superannuation contributions paid in lieu of an amount of wages shall be in writing and may only be made with the consent of both the employee and EnergyAustraliaAusgrid.

Wage Sacrifice To Superannuation. 44.3.1 17.3.1 An employee may elect in lieu of being paid an amount of wages to have an equivalent amount paid by way of Superannuation contributions in accordance with the relevant provisions of the XXXX. 44.3.2 17.3.2 Where an employee has elected to have an amount paid by way of Superannuation contributions in lieu of wages, any allowance, penalty, payment for unused leave entitlements, weekly worker’s compensation or other payment, other than any payment for leave taken in service to which an employee is entitled under this Agreement or any applicable Agreement, Act or Statute which is expressed to be determined by reference to an employee’s wage, shall be calculated by reference to the actual wages paid to the employee and the amount paid under Sub-clause 44.3.1 17.3.1 by way of Superannuation contributions. 44.3.3 17.3.3 Subject to the provisions of relevant superannuation legislation, any Superannuation contributions paid under Sub-clause 44.3 17.3 shall be paid to the XXXX. 44.3.4 17.3.4 The employee may elect to have an amount paid by way of Superannuation contributions in lieu of wages on joining EnergyAustralia Ausgrid and thereafter may alter the amount paid by way of Superannuation contributions under Sub-clause 44.3 17.3 with effect from 1 July each year. 44.3.5 17.3.5 An election to have Superannuation contributions paid in lieu of an amount of wages shall be in writing and may only be made with the consent of both the employee and EnergyAustraliaAusgrid.