Commonwealth Superannuation Scheme definition

Commonwealth Superannuation Scheme. (CSS) means the superannuation scheme administered under the Superannuation Act 1976 (Commonwealth)

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Commonwealth Superannuation Scheme means the benefit scheme maintained under the

Commonwealth Superannuation Scheme in most cases means a scheme to which the Commonwealth makes contributions on behalf of members of the Defence Force. In the case of some part-time Reservists it includes any scheme to which the Commonwealth makes contributions on behalf of employees. This means, for instance, that where a member of the ADF subsequently joins the Australian Public Service the Commonwealth’s contribution to his or her superannuation as a member of the APS is not taken into account under the MRC Bill.

Examples of Commonwealth Superannuation Scheme in a sentence

Salary for superannuation purposes will be the higher of: an amount agreed between the employee and the Chief Executive; or the salary for superannuation purposes as determined in accordance with the requirements of the Commonwealth Superannuation Scheme (CSS), the Public Sector Superannuation Scheme (PSS) or the PSS Accumulation Plan (PSSap).
Contributors to the Commonwealth Superannuation Scheme with at least one year's contributory service are entitled to involuntary retirement benefits under the Superannuation ▇▇▇ ▇▇▇▇ if retired because of the loss of an essential qualification.
The Commonwealth Superannuation Scheme (CSS), Northern Territory Government and Public Authorities Superannuation Scheme (NTGPASS) and the Northern Territory Supplementary Superannuation Scheme (NTSSS) are classified as exempt public sector superannuation schemes under the Superannuation Industry (Supervision) Act 1993.
For the Commonwealth Superannuation Scheme and for the purposes of the Superannuation Act 1976 the annual rate of salary is the amount to which the employee is entitled as per Schedule 1.
This is a new clause guaranteeing that employees will receive superannuation contributions in line with Commonwealth legislation, and providing information about the Commonwealth Superannuation Scheme (CSS), Northern Territory Government and Public Authorities Superannuation Scheme (NTGPASS) and Northern Territory Supplementary Superannuation Scheme (NTSSS) superannuation schemes.
All employees are eligible for membership of the Public Sector Superannuation Scheme or the Commonwealth Superannuation Scheme in accordance with the rules governing that scheme.
Where an Employee is ineligible to join the Commonwealth’s defined benefit schemes (Commonwealth Superannuation Scheme (CSS) or Public Sector Superannuation Scheme (PSS) (defined benefit)) the Department will make employer contributions calculated at 15.4% of the Employee's ordinary time earnings for the life of this Agreement regardless of the Employee's choice of fund.
Contributors to the Commonwealth Superannuation Scheme with at least one year's contributory service are entitled to involuntary retirement benefits under the Superannuation Act 1976 if retired because of the loss of an essential qualification.
In relation to the terms of clause [insert number] of the [insert name of relevant enterprise agreement] as it allows the Employee to access the Commonwealth Superannuation Scheme Transition to Retirement arrangements whilst retaining accrued entitlements and receiving salary based on the actual part time hours worked.
The APVMA will consult with employees regarding any changes in superannuation arrangements, including if choice of superannuation fund options become available to employees in the Commonwealth Superannuation Scheme and Public Sector Superannuation (defined benefit) schemes.

More Definitions of Commonwealth Superannuation Scheme

Commonwealth Superannuation Scheme means the superannuation scheme established under the Superannuation Act 1990 (Cwlth);