Examples of Approved Superannuation Fund in a sentence
The employer must inform the Approved Superannuation Fund to which the amount of wages sacrificed under this Agreement is payable that the amounts of wages sacrificed under this Agreement are employer contributions and subject to taxation.
On commencement of employment with TBS, employees must nominate an Approved Superannuation Fund into which TBS will make superannuation payments.
All redundant employees who are members of an Approved Superannuation Fund shall receive all entitlements payable in accordance with the Superannuation Guarantee (Administration) Act 1992.
Approved Superannuation Fund means: Health Employees' Superannuation Trust Australia (H.E.S.T.A.); or State Authorities (SAS) for employees who immediately prior to the commencement of this Agreement were covered by a copied State award and contributing to SAS; or any complying superannuation fund that is a MySuper fund nominated by an employee and agreed to by TBS.
The company on behalf of each employee will contribute to the Approved Superannuation Fund nominated by the Company an amount required by legislation on the ordinary time earnings of each employee.